Confectionery corporation ROSHEN is one of the leading manufacturers of sweets in the world and the undisputed leader of the Ukrainian confectionery market. The company's name comes from the surname of its founder, Petro Poroshenko : it is formed by removing the first and last letters, writes IZ.
Content
- Company establishment and development
- Ownership structure and management
- Financial indicators and company value
- Production capacity and product range
- Company social projects and charity
Company establishment and development
The company was founded in 1996 when Petro Poroshenko purchased the Vinnytsia Confectionery Factory, and later expanded the business by buying out several other factories. Over the following decades, ROSHEN actively invested in the development of production, modernization of equipment and expansion of the product range.
Vinnytsia confectionery factory ROSHEN. Photo: open source.
Ownership structure and management
Initially, ROSHEN was directly owned by Petro Poroshenko, who owned 85% of the shares, and another 13% belonged to Vyacheslav Moskalevsky, who managed the company for a long time. In 2014, during the presidential elections, Poroshenko announced his intention to sell the company in order to avoid a conflict of interest. However, it was not possible to find a buyer for such a large asset, so in January 2016 he transferred his share to the management of an independent trust fund, Rothschild Trust.
Petro Poroshenko. Founder of ROSHEN company. Photo: Forbes.
In 2019, part of ROSHEN’s assets were transferred to his son Oleksiy Poroshenko, who became the beneficial owner of Central European Confectionery Company LLC, which controls a stake in ROSHEN. Thus, today the company is de facto owned by the Poroshenko family, although it is managed through trust structures.
As of March 2025, the General Director of PJSC “Kyiv Confectionery Factory “ROSHEN” is Mykyta Yurievich Bogachov, and Valentyna Ivanivna Darmoros performs the duties of the signatory.
Financial indicators and company value
In 2023, the ROSHEN confectionery corporation achieved significant financial results:
- Revenue : UAH 31.85 billion, which is 44% more compared to the previous year.
- Net profit : UAH 5.64 billion, which is 43.5% more than in 2022.
According to the Global Top-100 Candy Companies ranking, ROSHEN ranks 24th with sales of $800 million.
Production capacity and product range
ROSHEN produces over 320 items of high-quality confectionery, including chocolate and jelly candies, caramel, toffee, chocolate bars and bars, cookies, wafers, sponge rolls, pastries and cakes. Some of them have no analogues on the Ukrainian market. The total production volume reaches about 300 thousand tons per year.
The corporation includes Ukrainian factories (Kyiv, Kremenchuk, Boryspil and two production sites in Vinnytsia), Klaipeda Confectionery Factory (Lithuania), Bonbonetti Choco Kft (Budapest, Hungary), as well as Vinnytsia Dairy Plant, which provides the factories with natural high-quality dairy raw materials.
The products are represented in Ukraine, the USA, Canada, Europe, Georgia, China, Japan, Korea, Kazakhstan, Armenia and other countries. The Swiss corporation Nestlé, the world's largest food producer, expressed interest in acquiring Roshen and was ready to buy the company for $1 billion.
Company social projects and charity
ROSHEN actively implements social and charitable projects:
- Playground Installation : Since 2005, the company has installed about 80 sports and playgrounds across Ukraine. In 2019, the project was suspended due to incidents of vandalism and neglect of the facilities.
- Reconstruction of the Cherkasy Zoo : in 2017, an exhibition with predatory animals “Land of Wolves and Bears” was opened, and internal enclosures were built for elderly animals and those in need of treatment.
- Construction of an embankment and a light and music fountain in Vinnytsia : in 2011, the company built a new embankment and installed a unique floating fountain, which is among the ten best and most spectacular fountains in the world.
- Reconstruction of the Theater on Podil in Kyiv : in 2017, the company completed the reconstruction of the theater, handing it over to the city community.
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