Rusagro was one of 1,996 Russian employers that were rated, and was ranked 14th out of 103 major companies for the first time, taking first place in the Agriculture and Food Industry Trade and Production Companies category with a score of 107.39 points.

As of 20 March 2023, global depository receipts (GDRs) representing Ros Agro PLC shares have been admitted to the official list and trading on the Astana International Exchange (AIX).

To support its consultants, the Company has rolled out new Yard Management software (YMS) to optimise the process of interaction with farmers and increase transparency in terms of raw materials transportation. This has enabled it to significantly reduce the costs incurred due to inactive vehicles waiting for elevators to be unloaded. Raw materials can now be transported by suppliers as soon as the enterprise is ready to take them. This effective approach will now be rolled out across other logistical processes.

Rusagro’s control of NMGK (the Nizhny Novgorod Oil and Fats Processing Plant) has enabled it to gain key positions in major B2C market segments, including becoming Russia’s No. 1 producer of mayonnaise and mayonnaise-based sauces and substantially strengthening its position in terms of the production of sunflower oil and related oilseed products, as well as in several other industrial fat product categories. This market position has meant that shareholders benefit from economies of scale, including optimised logistics and several other cost items, and has reduced purchasing prices. In addition, the combined Oil and Fats Business has benefited from the addition of the NMGK team and the exchange of best business practices. As part of the Company’s growth strategy, this deal has led to a significant increase in revenue.

A list of the 20 leading Russian pork producing companies was published by the National Pig Farmers’ Union. According to the Union, the Company’s share of the total industrial production volume in Russia is 6.4%. The total volume of industrial pork production was calculated based on the results of operations by Russian agricultural enterprises and household farms.

The feed production department of Rusagro Group’s Meat Business has completed an upgrade of a compound feed mill in Ivnya, Belgorod Region. This has increased production capacity by 43%, from 14 to 20 tonnes per hour.

In 2023, Rusagro delivered its very first combined bulk cargo shipment of sunflower meal and beet pulp to China, totalling around 23 thousand tonnes of product. In the future, there are plans to ship grain as well, which should almost double the volume of a single shipment. Considerable savings can be made by combining bulk goods of the same type into a single large batch and loading them onto the ship at the same time.

The meat processing plant in Primorsky Territory underwent an inspection by Mars with respect to the quality and safety of meat and bone meal production. The Company is organising its first deliveries of meat and bone meal for Mars. The inspectors noted the cleanliness of the meat processing plant and the technical semi-finished product workshop, as well as the high level of expertise among the food technologists’ team, quality control department, and production staff.

In September 2023, Rusagro’s Oil and Fats Business was recognised in five categories of the prestigious all-Russian Exporter of the Year awards. Natalia Koroy, the head of the business, won the Best Female Exporter award in two federal districts. Zhirovoy Kombinat and Rusagro-Saratov won the Exporter of the Year nomination for finished food products (high added value) in the Big Business category. The NMGK Group took first place in the Exporter of the Year nomination for basic agricultural product, and Samaraagroprompererabotka (SAPP) came second.

Rusagro has acquired a BioTekhnologii JSC grain elevator in Tambov Region. The elevator has sufficient capacity to store 240 thousand tonnes at a time, provides a full range of associated services, and can store crops such as wheat, barley, sunflower, triticale, corn, soya, rye, and so on. The acquisition of the grain elevator will enable the Company to cut storage costs, optimise logistics chains, and generally increase efficiency in the Agriculture Business.

Brauni cane sugar, a Rusagro-Tambov product, was among the winners at the federal stage of Russia’s 100 Best Products 2023, a nationwide competition, and was awarded a gold quality mark. Russkii Sakhar was highly commended in the TS2 category and Chaikofsky sugar in the Extra category, with both being awarded silver quality marks.

The oil extraction plant’s processing capacity has been increased from 1.8 to 2.4 thousand tonnes of sunflower seeds per day. Up to 800 thousand tonnes of sunflower seeds are processed annually. This will enable the plant to produce record volumes of sunflower oil, granulated husk, and meal, in addition to improving product quality and achieving maximum efficiency.

Based on the results of an annual expert analysis conducted by the Centre for Analytical Research, Rusagro Group’s Znamensky Sugar Plant was rated a Trusted Partner of the Central Federal District and declared the winner in the Best Enterprise in the Industry 2022 category.

In a competitive selection process for implementing Russian IT solutions, Rusagro obtained a grant from RFRIT to develop a project entitled Finetuning and Rollout of a Crop Management System based on Russian Software. The project will involve rolling out a Russian-designed crop management system based on the Field History (“Istoriya polya”) cloud service, replacing a foreign IT solution.

The Rusagro Group has launched organised exchange trading, which will be held in the form of auctions on the National Commodity Exchange starting on 1 January 2024.

A delegation from China’s General Administration of Customs visited the meat processing enterprise in Borshchevka, Tambov Region, in December 2023. The delegates reviewed the measures taken to ensure effective state control of product quality and assessed the readiness of Rusagro’s Meat Business to supply products to China. Based on the inspection results, the representatives of China’s customs administration noted a high level of readiness at the breeding and meat processing sites.