"Rusagro"

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Rusagro is a Russian agricultural and food company. The parent company of Rusagro is Cyprus-based Ros AGRO PLC. The headquarters is located in Moscow (BC Wall Street, 35 Valovaya Street). One of the largest sugar producers in Russia, controls 13% of the market (2020).

History
The company was founded in 1995. Rusagro Group of Companies LLC was founded in 2003.

In 2009, the holding acquired from the former agricultural holding Alikor Group part of the assets of the Bezenchuk oil extraction plant located in the Bezenchuk district, Samara region. In early 2011, the industrial production of sunflower oil was launched at the plant.

In 2009-2010, Rusagro took control of the agricultural business of the Stoilenskaya Niva company, renting it with the right to purchase about 100,000 hectares of land. The group also received milk complexes of the Stoylenskaya Niva.

Initial placement of shares
In the spring of 2010, the company was going to hold an IPO on Russian exchanges, intending to sell 20% of the shares for $245-309 million. After closing the book of applications, Rusagro refused the deal. (According to the newspaper Vedomosti, the company was dissatisfied with its results.)

In April 2011, Rusagro repeated its IPO on the London Stock Exchange, placing shares worth $330 million. The entire company was valued at $1.8 billion.

Owners and management
As of March 2011, 75% of the shares of Ros AGRO PLC belonged to the family of the founder of Rusagro, a member of the Federation Council of the Russian Federation from the Belgorod region Vadim Moshkovich (up to the IPO - 95%), and another 7% belonged to Maxim Basov.

General Director – Maxim Dmitrievich Basov. In 2018, the head of Rusagro, Maxim Basov, took sixth place in the ranking of capitalist directors published by Forbes magazine. According to experts, Basov’s stake in Rusagro (7.3%) is estimated at $100 million.

In October 2021, Maxim Basov increased his stake in the company due to his own participation in its SPO from 7.5 to 7.73%, buying 250,000 GDRs for $ 3.47 million. In turn, Maxim Vorobyov also increased the share from Rusagro to 10.14%. After the increase in the volume of SPO in September 2021, the share of the main owner of Rusagro, Vadim Moshkovich, will decrease to 57.1%. In November 2021, Rusagro announced that Maxim Basov would not be CEO of the company from the beginning of 2022, while remaining a shareholder and a member of the board of directors of the parent company Ros Agro.

In March 2022, Vadim Moshkovich decided to leave the board of directors of the company, his powers as chairman of the board of directors, a member of the board and other management bodies of Rusagro Group companies were terminated from March 10, 2022. As Chairman of the Board of Directors Vadim Moshkovich was replaced by Maxim Basov.

Activities
As of 2021, it holds leading positions in sugar production, pig breeding, crop production and fat and oil business. Land Bank of the Group – 643 thousand hectares. In 2015, according to a number of investment b