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Progress AO (Lipetsk) (Russia)

Main Activities: Fruit and Vegetable Preserving and Specialty Food Manufacturing | Soft Drink and Ice Manufacturing
Full name: Progress AO Profile Updated: September 29, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Russian Download a sample report

"Progress" is a dynamically developing Russian production company, a leader in the domestic market of baby food. Previously belonged to the Lebedyanskiy. The company manufactures and markets baby food "FrutoNyanya" (leading the market in terms of juices and fruit purees), baby food, "Babies," mineral water "Lipetsk pump room." The main production area of the plant is Progress, located in the city of Lipetsk. The plant is equipped with the latest equipment from leading manufacturers. The plant capacity - more than 1,000,000,000 units per year. The company currently sells baby food and mineral water through its distributors and directly through the retail network throughout Russia and the CIS countries.

Headquarters
Ulitsa Angarskaya, Vladenie 2
Lipetsk; Lipetsk Oblast; Postal Code: 398902

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Website: http://progressfood.ru

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
August 02, 1988
Key Executives
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General Director
Ownership Details
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1.9026%
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1.828%
Subsidiaries
TOO Gazeta Lipetskie Kommercheskie Novosti
5.8824%
Company Performance
Financial values in the chart are available after Progress AO (Lipetsk) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RUB. Absolute financial data is included in the purchased report.
Net sales revenue
4.09%
Total operating revenue
4.09%
Operating profit (EBIT)
78.37%
Net Profit (Loss) for the Period
123.32%
Total assets
6.94%
Total equity
112.17%
Operating Profit Margin (ROS)
12.21%
Net Profit Margin
13.12%
Return on Equity (ROE)
2.64%
Debt to Equity Ratio
-118.64%
Quick Ratio
-0.25%
Cash Ratio
-0.17%

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