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Roshen

Roshen Confectionery Corporation
Privately held company
Industry confectionery
Founded 1996
Founder Petro Poroshenko
Headquarters Kiev, Ukraine
Area served
Europe, Asia, North America
Key people
Petro Poroshenko
Products 200 various types of confectionery
Revenue IncreaseUSD 1 billion (2010)
Number of employees
10 000 (2012, including subsidiaries)
Website http://www.roshen.com/

Roshen Confectionery Corporation (Ukrainian: Кондитерська корпорація "Рошен" Kondyterska Korporatsiya "Roshen") is a Ukrainian confectionery manufacturing group, controlled by Petro Poroshenko. The leading manufacturer of confectionery products in the country, it operates facilities in the Ukrainian cities of Kiev, Vinnytsia, Kremenchuk and Yahotyn, as well as in Hungary, Klaipėda (Lithuania) and Lipetsk (Russia)[1]. The name of the company was derived from the last name of its owner, Poroshenko.

In 2012, the Roshen Corporation was ranked 18th in the "Candy Industry Top 100" list of world's largest confectionery companies. It has a total annual production volume exceeding 410,000 tonnes. It exports to Kazakhstan, Uzbekistan, Kyrgyzstan, Azerbaijan, Armenia, Moldova, Estonia, Poland, Latvia, Lithuania, the United States, Canada, Germany and Israel. It exported to Russia, with 40 percent of the company's grosses came from there until Russia stopped importing from the company in July 2013.

In July 2013, Russia banned all Roshen imports due to dissatisfaction with the packaging labelling. Soon after Roshen products were also checked in Kazakhstan, Belarus, Kyrgyzstan and Moldova but this did not lead to complaints. On 21 October 2013, Russia's ambassador to Ukraine Mikhail Zurabov said, "There are no problems with the quality of products, they are safe. But there are problems associated with the production technology, using some ingredients that are not certified in accordance with the law." According to the 17 December 2013 Ukrainian-Russian action plan by 1 March 2014 Roshen products should have been back in Russian stores. But on 12 March 2014, acting head of the Russian Federal Service for Supervision of Consumer Rights Protection and Human Welfare Anna Popova stated that Ukraine had not yet fulfilled their requirements to return Roshen products to the Russian market.


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