Roshen

Roshen Confectionery Corporation
Native name
Кондитерська корпорація «Роше́н»
Company typePrivately held company
Industryconfectionery
Founded1996
FounderPetro Poroshenko[1]
Headquarters
Kyiv
,
Ukraine
Area served
Europe, Asia, North America[2]
Key people
Petro Poroshenko
Products350 various types of confectionery
RevenueIncrease €803 million (2023)[3]
Increase €141 million (2023)
Number of employees
10,000 (2012, including subsidiaries)[4]
Websiteroshen.com

Roshen Confectionery Corporation (Ukrainian: Кондитерська корпорація «Роше́н», romanized: Kondyterska korporatsiia "Roshen") is a Ukrainian confectionery manufacturing group.[5] It operates facilities in the Ukrainian cities of Kyiv, Vinnytsia, Ivankiv, and Kremenchuk, as well as in Budapest, Hungary, and Klaipėda, Lithuania. The company's name is derived from the last name of its former owner, Petro Poroshenko (Poroshenko), who was the president of Ukraine from 2014 to 2019.

A Roshen storefront located in Ukraine.

In 2012, the Roshen Corporation ranked 18th in the "Candy Industry Top 100" list of the world's largest confectionery companies.[4] It has a total annual production volume of 410,000 tonnes.[2][6] The company exports to Kazakhstan, Uzbekistan, Kyrgyzstan, Azerbaijan, Georgia, Armenia, Moldova, Estonia, Hungary, Poland, Latvia, Lithuania, the United States, Canada, Germany, Romania, Finland, Bulgaria, and Israel.[6] Previously, it also exported to Russia, from which it derived 40 percent of its gross revenue until Russia ceased importing from the company in July 2013.[7] In early 2017, Candy Industry placed ROSHEN in 24th place in the "2017 Global Top 100" of confectionery producers and estimated its annual revenue at $800 million.[8]

  1. ^ Power structure Roshen - ukrainian confectionery manufacturing group. Retrieved July 19, 2023.
  2. ^ a b Cite error: The named reference Attitude of Russian was invoked but never defined (see the help page).
  3. ^ "In the first quarter of 2024, CC Roshen increased sales and profits".
  4. ^ a b "2013 Top 100 Candy Companies". Candyindustry.com. Retrieved 19 August 2013.
  5. ^ "Roshen suspends export of confectionery products to Russia". Kyiv Post. Interfax-Ukraine. 31 July 2013. Retrieved 8 September 2013.
  6. ^ a b "Roshen products to be allowed back to Russian market after violations eliminated - Rospotrebnadzor". Interfax-Ukraine. 24 December 2013. Retrieved 3 November 2015.
  7. ^ "Ukraine Election: The Chocolate King Rises". Spiegel Online. 22 May 2014. Retrieved 3 November 2015.
  8. ^ "2017 Global Top 100". Candy Industry. Retrieved 29 October 2017.