Clean Break: the company completely halting Russian engagements or exiting Russia

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Provider of contract production services to the drinks industry. Milling of fruit, storage of juice and concentrate, production of alcoholic and non-alcoholic drinks, packaging into glass bottle (2 lines for carbonated and non-carbonated/wine) and can (including slim and sleek cans).

Clean Break: the company completely halting Russian engagements or exiting Russia

Leave Withdrawal
Revenue(RF), mln.USD
115
Staff(RF), 2021
953
Capital(RF), mln.USD
32
Assets(RF), mln.USD
70
The Company Statement
October 15, 2024

The Glavprodukt holding company, which is owned by the American Universal Beverage and produces canned goods, including stewed meat, is being transferred to the temporary management of the Federal Property Management Agency by decree of the Russian President. This is another case of the de facto nationalization of a private company. The decree of the Russian President Vladimir Putin on the transfer of the main assets of Glavprodukt to the temporary management of the Federal Property Management Agency was published on October 15, 2024. We are talking about Glavprodukt LLC, Glavprodukt JSC, Glavprodukt-Patent LLC, Baltic Canning Plant, United Canning Plants, Verkhovsky Dairy Canning Plant, United Industrial Company, Orelprodukt JSC and Promselkhozinvest LLC.

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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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