OAO Konditerskiy Kontsern Babayevskiy Open Joint-Stock Company (Russian: Открытое акционерное общество "Кондитерский концерн Бабаевский") is the oldest Russian confectionery manufacturer and a member of United Confectioners holding company. It is located in Moscow (Malaya Krasnoselskaya St., 7).

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Quick Facts Company type, Industry ...

Babayevsky

Company type	Public
Industry	Confectionery
Founded	1804; 220 years ago (1804)
Headquarters	Moscow, Russia
Key people	Sergey Nosenko
Products	Candy, chocolate, caramel
Number of employees	over 15,000
Website	www.babaev.ru

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The factory conducts history since 1804 as a family workshop of the confectioners Abrikosovy.^[1] In 1918 it was nationalized. Its current name was received only in 1922 in honor of Peter Akimovich Babayev, chairman of the Sokolniki District Executive Committee. In 1993 it was privatized. In 2002, after the bankruptcy of Inkombank, the controlling interest in the concern was sold to the Amidis LLC for 800 million rubles.^[2]

It is named after the Soviet revolutionary of Azerbaijani descent Pyotr (Peter) Babayev.^[3]

• Food industry of Russia