15 Jul 2022 10:37

Polish frozen fruit, vegetable producer Hortex leaves Russia

MOSCOW. July 15 (Interfax) - Hortex, a Polish producer of frozen fruit, berries and vegetables, has left Russia.

The new owner of Ortika Frozen Foods, which represented Hortex's interests in Russia, is fish producer and supplier Agama Group, the Unified State Register of Legal Entities showed. Agama Group is equally owned by Yury Alasheyev and Igor Lysenkov.

Hortex's website said that the company's brand is the leader on the frozen fruit, berries and vegetables market in Central and Eastern Europe, and its products are also sold in other regions of the world. The company had three plants in Russia, including two in Moscow Region and one in Karelia.

Ortika Frozen Foods posted a net loss of 12 million rubles in 2021 on revenue of 1.14 billion rubles, compared to a loss of 12.973 million rubles and revenue of 1.023 billion rubles in 2020.