Acron Group Company Profile and Subsidiaries

Acron Group is a leading Russian producer of mineral fertilizers, and its company profile is a testament to its growth and expansion. The company was founded in 2004 through the merger of several companies, including Novgorod Chemical Plant, Veliky Novgorod Phosphorous Fertilizer Plant, and Veliky Novgorod Ammonia Plant.

Acron Group's subsidiaries play a crucial role in its operations, with a significant presence in the Russian market. The company has a strong distribution network that spans across the country.

Acron Group has a complex business structure with subsidiaries established in various regions.

The company's global reach is evident in its presence in the United States, where Acron USA Inc. was founded in 2008 to handle marketing, distribution, and sea transportation of the Group's export cargos.

Acron Group also has a significant presence in Europe, with Acron Switzerland AG set up in 2009 to supply the Group's products to the European market.

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In recent years, the company has expanded its distribution network to South America, establishing Acron Brasil Ltda. in Brazil and Acron Argentina S.R.L. in Argentina in 2018.

The Group is also developing its own distribution network in China, called Yong Sheng Feng, which focuses on wholesaling fertilisers and other chemicals.

Let's break down the ownership structure of the company. As of April 2021, Redbrick Investments S.a.r.l. holds 30.98 percent of the authorised capital.

Acron Group has a significant stake in the company, owning 55.00 percent of the capital. This gives them substantial control over the company's decision-making process.

The National Settlement Depository holds a smaller stake, owning 3.54 percent of the capital.

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Acron Group has established a significant presence globally through its subsidiaries.

Acron USA Inc. was founded in 2008 to handle marketing, distribution, and sea transportation of the Group's export cargos.

In 2009, the Group set up Acron Switzerland AG to supply its products to the European market.

At the end of 2017, Acron Group established a distribution company in France, Acron France SAS.

Acron Group also expanded into South America with the establishment of distribution companies Acron Brasil Ltda. in Brazil and Acron Argentina S.R.L. in Argentina in 2018.

The Group is currently developing its own distribution network in China, called Yong Sheng Feng.

Redbrick Investments S.a.r.l. holds a significant stake of 30.98 percent of the authorised capital. This indicates that the company has a substantial ownership share in the Group.

The ultimate parent of the Group is Terasta Enterprises Limited, which is ultimately controlled by Viatcheslav Kantor. This shows a clear chain of ownership and control within the Group.

Acron USA Inc. was founded in 2008 to handle marketing, distribution, and sea transportation of the Group's export cargos. This subsidiary was established to support the Group's international business operations.

Acron Switzerland AG was set up in 2009 to supply the Group's products to the European market. This subsidiary has been operational for over a decade, providing a foothold for the Group in the European market.

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The Group has a presence in several countries, including the United States, Switzerland, France, Brazil, Argentina, and China. This global reach is facilitated through its network of subsidiaries and distribution companies.

Yong Sheng Feng, the Group's distribution company in China, focuses on wholesaling fertilisers and other chemicals. This highlights the Group's efforts to expand its presence in the Chinese market.

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Acron Group's financial performance has been steadily increasing over the years. The group's output of ammonia and mineral fertilisers in 2020 was 8.0 million tonnes.

Their revenue under IFRS in 2020 was a significant RUB 119,864 billion, which is equivalent to US$1.8 billion. This is a substantial amount of money, and it's impressive to see the group's revenue growing year after year.

Here's a breakdown of the group's revenue and net profit from 2016 to 2020:

The group's net profit in 2020 was a relatively low RUB 3,836 billion, which is equivalent to US$53 million. This is a significant decrease from the previous year's net profit.

The Acron Group has a diverse and experienced Board of Directors, with a total of seven members. The Board is responsible for overseeing the company's strategy and direction.

Alexander Alexandrovich Dynkin has been a Director/Board Member since 2009, bringing over a decade of experience to the table. Igor Vyacheslavovich Belikov also joined the Board in 2009, with a similar tenure.

The Board has had a few changes in leadership, with Vladimir Gavrikov serving as Chairman from 2015 to present, and Alexander Popov taking on the role from 2018 to 2022. As of 2022, the current Chairman is not specified in the provided information.

Here is a list of the Board members:

The Executive Committee of Acron is responsible for making key decisions and overseeing the company's direction. Vladimir Kunitsky, the CEO, has been at the helm since 2010, bringing over a decade of experience to the role.

Vladimir Kunitsky, the CEO, is 77 years old and has been serving as the Chief Executive Officer since December 31, 2010. Aleksey Milenkov, the Director of Finance/CFO, has been with the company since 2001, a full 9 years before Kunitsky took over as CEO.

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The Executive Committee also includes Alexander Lebedev, who joined in 2018 as a Corporate Officer/Principal, and Dmitry Balandin, who has been in the same role since January 1, 2013. Ilya Mikhailovich Popov, the Investor Relations Contact, is the youngest member of the committee at just 44 years old.

Here's a brief rundown of the Executive Committee members:

The Board of Directors composition is a crucial aspect of governance. The board is made up of experienced individuals with diverse backgrounds and expertise.

Alexander Alexandrovich Dynkin, a 77-year-old Director/Board Member, has been part of the board since May 28, 2009. Igor Vyacheslavovich Belikov, also a Director/Board Member, is 69 years old and has been on the board since the same date.

Vladimir Gavrikov serves as the Chairman and is 65 years old. He has been in this position since June 21, 2015. Alexander Popov, another Chairman, is 56 years old and took on this role on May 25, 2018.

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The board also includes Nikolay Bagratovich Arutyunov, a 61-year-old Director/Board Member, who joined the board on May 25, 2016. Ivan Nikolaevich Antonov, a 75-year-old Director/Board Member, has been on the board since May 27, 2021.

Two newer additions to the board are Kolosovsky Andrey Leonidovich and Danilchenko Nina Viktorovna, both of whom are listed as Director/Board Members but do not have their ages specified. They both joined the board on April 30, 2022.

Here is a list of the Board of Directors composition:

Acron Group is a company with a specific set of SIC codes that define its industry and activities. The SIC codes for Acron Group are [287, 14, 28, 147].

These codes indicate that Acron Group operates in the chemicals and allied products sector, specifically in the production of fertilizers and other chemical products.

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