- Business
- PJSC Krasnyj Octyabr, also known as Moskovskaya Konditerskaya Fabrika Krasnyi Oktyabr PAO (ticker: KROT.ME), manufactures and sells a wide range of confectionery products including chocolate, candies, caramel, marmalade, wafers, toffees, hard-boiled sweets, cookies, cocoa powder, nuts, half-finished chocolate products, and jam; its portfolio features over 300 items under iconic brands such as Alenka, Mishka Kosolapy, Krasnaya Shapochka, Kara-Kum, Shokoladnyy Krem, Zolotoy Yarlyk, and Stratosfera. The company operates 35 production lines across facilities in Moscow, Ryazan, Kolomna, and Egorevsk, with an annual output exceeding 70,000 tons, emphasizing vertical integration through proprietary cocoa processing for non-deodorized cocoa butter, powder, and mass. Founded in 1849 by Ferdinand Theodor von Einem and renamed Krasnyj Octyabr in 1922, it is headquartered at Building 24, 7 Malaya Krasnoselskaya Street, Moscow, Russia, and serves domestic and export markets as a flagship of the United Confectioners holding. In 2007, the company executed a major relocation of production from Bersenevskaya Naberezhnaya to its current Moscow site, installing advanced lines for chocolate masses, glazes, bars, and filled candies; it maintains 2,700 employees and reported full-year earnings for December 31, 2024, alongside half-year results for June 30, 2024, reflecting ongoing operational stability amid its food processing focus.