23 Jan 2023 16:06

Russian subsidiary of Lithuanian frozen foods producer Mantinga changes ownership

MOSCOW. Jan 23 (Interfax) - The Russian subsidiary of Mantinga Group, Lithuania, one of the leading producers of bread, snacks and frozen foods in the Baltic countries, has changed ownership.

According to the Unified State Register of Legal Entities, Food Service Solution LLC (Mantinga LLC) has been 100% owned by Pyotr Prudnikov since January 18, 2023. Prudnikov also owns and co-owns several companies engaged in construction, printing and publishing, as well as accounting in Russia.

Mantinga has been operating on the Russian market since April 2002. The company's main activity has been the wholesale trade of frozen food products.

According to data in the SPARK-Interfax analytical system, Food Service Solution LLC generated revenue of 235.8 million rubles in 2021 against 177.8 million rubles in 2020, swinging to a net profit of 17.6 million rubles in 2021 from a net loss of 29.8 million rubles in 2020.

The company has not responded in a timely manner to Interfax's request.