Industrial AO

History

2025: Cherkizovo bought Industrial for ₽483 million

The agro-industrial complex Mikhailovsky, part of the Cherkizovo Group, acquired a 100% stake in Industrial Joint-Stock Company in the Altai Territory for ₽483 million. The shares were previously owned by the regional government. This was reported by Kommersant in October 2025.

The buyer agreed to pay its initial value for the asset. The information is contained in the trading minutes of October 15, 2025. Only one bidder participated in the auction. The contract for the sale and purchase of property must be concluded within five working days from the date of summing up the bidding results.

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Фото: Freepik

The property of the enterprise is located in the Biysk district of the Altai Territory. The land fund of the joint-stock company includes land plots with an area of ​ ​ 110.1 hectares. At the same time, the area of ​ ​ agricultural land exceeds 8.3 thousand hectares.

Of these, 8 thousand hectares are reserved for arable land. In addition to land, the property of the enterprise includes 138 buildings and structures. Among them are an administrative block, buildings for livestock, a stable, granaries, a slaughter point, and a vegetable storage facility.

It also includes a gas station, a livestock breeders' house, a veterinary pharmacy, garages, workshops and shops. The total area of ​ ​ the premises is 316.3 thousand square meters. Lease agreements have been concluded for some objects.

According to the auction documentation, 63 people work on the farm. The company provides employment in the countryside of the Biysk region. After the change of ownership, the preservation of jobs depends on the strategy of the new owner.

Regional authorities explained the privatization of the enterprise as unprofitable. The Minister of Agriculture of the Altai Territory Sergey Mezhin reported on the dynamics of the value of assets. Over the past five years, the value of the organization's property has fallen in price from ₽694 million to ₽442 million.

The modernization of the economy requires ₽800 million. These funds are not provided for by the regional budget. In 2022-2024, ₽210 million were invested in the joint-stock company to buy equipment. However, this was not enough to bring the enterprise to profitability.^[1]

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