EE Impact

Lantmännen Unibake

Sweden · Agriculture, Food & Beverages

LeaveRussia detail: Exit Completed

Exited Russia

Lantmännen Unibake is one of Europe's largest bakery groups with 34 bakeries in 15 countries.

Status last verified 03/08/2026Source checked 23/08/2023Company website ↗LeaveRussia profile ↗

Business in Russia

"Lantmännen Unibake" LLC (tax id 5011023633) was sold to the European Medical Center (EMC) shareholder Shilov. The processes to divest the operations in Russia are now complete, which means that Lantmännen has left the country and the market in full.

Decision trail

Decision date 23/08/2023 · Reference ↗

Lantmännen has signed agreements to divest the Russian operations - a very important step in the divestment process - and is now awaiting approval from Russian authorities to complete the transaction. In March 2022, Lantmännen's operations in Russia were separated from the rest of the Group, as a first step in a divestment, and have since then acted completely independently. EMC shareholder Shilov takes ownership of former Lantmannen Unibake subsidiary in Russia.

Local stats (LeaveRussia)

Assets(RF), mln.USD
77
Capital(RF), mln.USD
48
Revenue(RF), mln.USD
38
Staff(RF), 2021
312
Taxes(RF), mln.USD
3

Status history since 2022

  1. 03/08/2026 exited · Imported from KSE LeaveRussia

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