19 December 2016

LLC "Food Ingredients" is among the largest companies of the South of Russia

19 December 2016, Russia – LLC "Food Ingredients" (part of EFKO Group) took 56 place in the magazine "Expert South" ranking of the largest companies of the Southern Federal District by sales volume in 2015.

The rating Agency "Expert RA" for the tenth time published a rating of the largest companies of the Southern Federal District of Russia by sales volume – "Expert South-250" (the rating methodology received an approval of PricewaterhouseCoopers Audit).

According to the ranking, the total revenue of the 250 largest companies of the Southern Federal District by the end of 2015 amounted to 4.5 trillion rubles. The participation in the ranking had not the branch restrictions, therefore, traditionally, the top line took oil and gas companies and wholesale and retail trade companies. For the first time in the ranking the analytical center "Expert South" called the agribusiness and food industry enterprises the one of the real drivers of economic development in the region.

"Our surveys show that the large business in the Southern Federal District shows faster growth: in 2015 it showed a growth rate of 19 % when the national rate is 14 %. So, in the South there is the potential for development. And today we note that "drivers" are also agricultural and processing industry companies and also related industries such as trade and transport", said the editor Vladimir Kozlov.

LLC "Food Ingredients", the biggest asset of EFKO Group in the South of Russia and one of the most modern oil plants in Eastern Europe, ranked 56. By the end of 2015, the company's revenue grew by 37.9 % to 16.1 billion rubles, which indicates a high efficiency of the company and its management.

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