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Progress OAO (Lipetsk) (Russia)

Main Activities: Fruit and Vegetable Preserving and Specialty Food Manufacturing | Soft Drink and Ice Manufacturing
Full name: Progress OAO (Lipetsk) Profile Updated: June 27, 2019
Buy our report for this company USD 29.95 Most recent financial data: 2017 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, Dom 2
Lipetsk; Lipetsk Oblast; Postal Code: 398902

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Website: http://progressfood.ru

Basic Information
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
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Member of the Board of Directors
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Member of the Board of Directors
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Member of the Board of Directors
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Member of the Board of Directors
Ownership Details
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100%
Subsidiaries
Progress OAO (Lipetsk)
100%
Gazeta Lipeckie Kommercheskie Novosti TOO
5.8824%
Company Performance
Financial values in the chart are available after Progress OAO (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
-15.73%
Total operating revenue
-15.73%
Operating profit (EBIT)
28.26%
Net Profit (Loss) for the Period
0.89%
Total assets
-4.51%
Total equity
11.39%
Operating Profit Margin (ROS)
7.19%
Net Profit Margin
2.46%
Return on Equity (ROE)
-6.13%
Debt to Equity Ratio
-21.04%
Quick Ratio
-0.09%
Cash Ratio
0.02%

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