Who made money from rising egg prices in 2023

The Forbes sample  includes the 10 largest producers of edible eggs based on the results of 2023: the Tavros group (controls four poultry farms), Sinyavinskaya Poultry Farm, Volzhanin, Roskar Poultry Farm, Okskoye, Komos Group (three poultry farms) , “Sverdlovsk Poultry Farm”, “Yaratel Poultry Farm”, “Chelyabinsk Poultry Farm” and “RostPozitivImpuls” (two poultry farms). However, the Yaratel Poultry Farm is legally a branch of the holding company, and therefore does not disclose financial indicators. For holdings that control several poultry farms, profit was calculated as the sum of the profits of these poultry farms, and profitability was calculated as the ratio of the sum of profits to the sum of sales volumes.

1. Rustem Mirgalimov

Asset: Tavros group (“Komsomolskaya Poultry Farm”, “Bashkirskaya Poultry Farm”, “Oredezh Agricultural Complex”, “Soviet Agrofirm”)
Profit in 2023: 3 billion rubles
Profit growth in 2023: 9.2 times
Net profitability in 2023: 25.2%
Egg production in 2023: 1.76 billion
Former chairman of the board of directors of the Razgulay agricultural group, Rustem Mirgalimov, literally in a year became the largest producer of edible eggs in Russia. His Tavros group acquired the Bashkirskaya poultry farm at the end of 2022, and during 2023 it took control of three more producers - the Komsomolskaya poultry farm in the Perm Territory, the Oredezh Agrocomplex in the Leningrad Region and the Soviet Agrofirm » in the Kirov region. Alfa Bank is a co-owner of the Tavros group and its creditor.

2. Oleg Lyakin

Asset: Okskoye
Profit in 2023: 2.41 billion rubles
Profit growth in 2023: 2.1 times
Net profitability in 2023: 25.6%
Egg production in 2023: 1.29 billion
Capital structure of the largest poultry farm in the Ryazan region, Okskoye JSC (formerly Okskaya Poultry Farm JSC) has not been disclosed for seven years. At the end of 2016, the company reported that 59.3% of its shares belonged to another joint stock company, Denezhnikovsky Feed Mill. The owner of the feed mill, again according to the latest data published in 2016, is Oleg Lyakin with a share of 55.7%. From 2011 to 2023, Lyakin was the general director of Okskoye JSC. In September 2023, the company was headed by his son Georgy.

3. Valery Goryachev

Asset: "Roskar Poultry Farm"
Profit in 2023: 2.13 billion rubles
Profit growth in 2023: +46%
Net profitability in 2023: 20.3%
Egg production in 2023: 1.35 billion
Young livestock specialist Valery is at the enterprise Goryachev came in 1974. In 1988, he was appointed chief livestock specialist of the entire poultry farm, and in 1990, the enterprise staff elected Goryachev as general director. In 1992, the enterprise received its modern name “Roskar Poultry Farm”, and Valery Goryachev gradually collected almost all the shares of the newly formed joint-stock company. The last time Roskar Poultry Farm disclosed its shareholders was in 2015, when Goryachev owned almost 100% of the shares. In 2019, Valery Goryachev resigned from the position of general director, becoming president of Roskar Poultry Farm JSC.

4. Lyudmila Kosteva

Asset: Volzhanin
Profit in 2023: 1.92 billion rubles
Profit growth in 2023: +84%
Net profitability in 2023: 21.3%
Egg production in 2023: 1.47 billion
In 1996, she headed the veterinary service Lyudmila Kosteva was elected general director of the enterprise, formed on the basis of the Volzhanka poultry farm and the Volga state farm with 2000 hectares of land, and since then she has been leading it continuously. In parallel with the development of the poultry farm, Kosteva increased her stake and by 2015 bought up 100% of Volzhanin’s capital.

5. Sberbank

Asset: Sinyavinskaya Poultry Farm
Profit in 2023: 1.85 billion
Profit growth in 2023: 2 times
Net profitability in 2023: 17.7%
Egg production in 2023: 1.62 billion
The largest Russian bank began to indirectly control poultry farm in 2017. At the end of 2022, the bank owned about 95% of Sinyavinskaya - now the structure of the owners of the poultry farm is hidden. Despite the two-fold increase in Sinyavinskaya’s profit, its income is only a fraction of a percent of Sberbank’s total profit - 1.5 trillion rubles at the end of 2023.

6. Andrey Oskolkov, Andrey Shutov

Asset: Komos Group (Varaksino Poultry Farm, Mendeleevskaya Poultry Farm and Derzhavinskaya Poultry Farm)
Profit in 2023: 1.52 billion rubles
Profit growth in 2023: 9.2 times
Net profitability in 2023 year: 17.7%
Egg production in 2023: 1.24 billion
The Komos Group agricultural holding owns three egg producers: the Varaksino (Udmurtia), Mendeleevskaya (Perm Territory) and Derzhavinskaya ( Tatarstan ) poultry farms. And the products are sold under the trademarks “Varaksino” and “Selo Zelenoe”. The owners of Komos Group in equal shares are Andrey Oskolkov and Andrey Shutov, who have been working together since the 1990s.

7. Denis Shtengelov

Asset: “GrowthPositiveImpulse” (“Inskaya Poultry Farm” and “Yashkinskaya Poultry Farm”)
Profit in 2023: 1.24 billion rubles
Profit growth in 2023: 13 times
Net profitability in 2023: 25.7%
Egg production in 2023 year: 739 million
Billionaire Denis Shtengelov is the main owner of the KDV group, a manufacturer of food products under the brands Yashkino, Calve, Babkiny Seeds, etc., and the Yarche! supermarket chain. (more than 1000 stores). He also controls the agricultural holding RostPozitivImpulse, which owns a pig farm, meat processing plant and poultry farms. The main product of the Yashkinskaya Poultry Farm and the Inskaya Poultry Farm is chicken eggs . Some of the products go to the needs of the confectionery factories of the KDV group, and some go to retail sales. In December 2023, the Kemerovo Department of the Federal Antimonopoly Service opened a case against the Yashkinskaya Poultry Farm and the Inskaya Poultry Farm on “signs of abuse of a dominant position due to rising egg prices.”

8. Pavel Kadushin, Ilya Korbashov

Asset: Chelyabinsk Poultry Farm
Profit in 2023: 930 million rubles
Profit growth in 2023: +69%
Net profitability in 2023: 16.1%
Egg production in 2023: 740 million eggs
94% of Chelyabinskaya shares belong to the company Agro-Invest, which in turn is owned by Pavel Kadushin (75%) and Ilya Korbashov (25%). Kadushin - in the 1990s, top manager of Norilsk Nickel and Federal State Unitary Enterprise Rosspirtprom and sponsor of the rock group Agatha Christie. Korbashov is a co-owner of Centrocredit Bank. According to the latest disclosed data at the end of 2021, he directly and indirectly controlled about 18% of the bank's capital. Centrocredit ranks 74th in terms of assets among Russian banks. Korbashov and Kadushin’s son Dmitry also own another egg producer, the Chikskaya poultry farm in the Novosibirsk region. Its profit at the end of 2023 increased 3.8 times, to 451 million rubles.

9. Sverdlovsk region

Asset: Sverdlovskaya Poultry Farm
Profit in 2023: 451 million rubles
Profit growth in 2023: +33%
Net profitability in 2023: 5.5%
Egg production in 2023: 1 billion
100% shares of Sverdlovskaya Poultry Farm JSC » are owned by the Ministry of State Property Management of the Sverdlovsk Region. “The Sverdlovskaya poultry farm is essentially a mini-holding. At the end of 2023, the company owned six production sites, 20 warehouses and 28 stores in the Sverdlovsk region. Interesting fact: “The Sverdlovskaya poultry farm is a minority shareholder of Rostelecom; it owns 2,604 shares of the telecommunications operator with a market value of about 250,000 rubles.