28.01.2015

For sale in the privatization exhibited the largest producer of oil Vologda "Educational experienced dairy factory" Vologda State Milk Academy NV Vereshchagin "

On 7th of April the Auction House of the Russian Federation (RAD) has appointed an auction for the sale of 100% block of shares in the company (OJSC “UOMZ “VGMHA”).
The object is included in the projected privatization plan for 2014–2016.

Starting price – 973 million rubles.

The Company engaged in the production of diary butter, milk products, whole-milk products, skimmed milk powder and low-fat products.

The Company's revenue is more than 1.5 billion rubles per year.

According to statistics, every second the Plant produces a kilogram of diary butter in the Vologda Region, representing more than 50% of the total market share of the region.
The most famous foodstuff, produced by the Plant is “Vologodskoye butter”, which is sold in the largest trading networks of Russia – Metro, Auchan, The Seventh Continent, Perekrestok (Crossroads), Real, Mosmart and others.

The Plant has a stable market for sales the products. The Company owns a fleet of vehicles, that provides uninterrupted delivery of goods to retailers.

For detailed information about the object of sale please see the website of the Auction House of the Russian Federation (RAD)

For reference:

OJSC “UOMZ “VGMHA” – the largest producer of diary butter in the Vologda Region.
The company has a certificate of the right to use the name of the place of origin of the article – Vologodskoye butter and is a leader in the production of Vologodskoye butter.
In addition the Company is the only company in the Vologda Region, producing skimmed milk powder of high quality – “European standard”; and having the ability to produce the maximum amount of diary butter – 5,500 tons per year.
During the year the plant process more than 70,000 tons of raw milk when converted into milk of basic fat status 3.4%.
The Company won numerous awards: gold and silver medals of prestigious Russian and international exhibitions, as well as regional quality inspection (All-Russian Foodstuff Exhibition “Fair Buy Russian”, specialized exhibition “Agro-industrial Complex of Russia”, International Exhibition of Foodstuff “ProdExpo”, International Forum “Dairy Industry”, “100 the best goods of Russia”, “Best Butter of Russia” and others).

The Auction House of the Russian Federation is included in the list of federal property sellers by the Order of the Government of the Russian Federation of 25 October, 2010 № 1874-p. In 2013 the company was given for sale the first tranche of state-owned blocks of shares of enterprises in various fields of the economy.
To date the total amount of RAD transactions in the given direction is 2.8 billion rubles.
Currently for sale are being prepared about 250 federal blocks of shares of companies included in the projected privatization plan for 2014–2016.
Selling of these assets is intended to considerably replenish the state treasury during the period of investment instability.
RAD has considerable experience of the sale of state, federal and regional property. Within the framework of the privatization the company is cooperating with the federal government, the governments of the Moscow Region, Kazan’, Khanty-Mansiysk Autonomous Area – Yugra. The total amount of transactions of RAD with regard to state property (taking into account the federal and regional state-owned assets) is 43.2 billion rubles.