Orkla Brands has announced the merger of its Russian chocolate and confectionery companies, Krupskaya and SladCo, into one unit.

The new entity, named Orkla Brands Russia, will be headquartered in St Petersburg. It will have around 3,350 employees under one management team and generate combined sales of RUB6.8bn (US$23.4m).

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Vadim Ter-Israelyan, currently CEO of SladCo, will serve as CEO of the enlarged group. Paul Jordahl, CEO of Orkla Brands International, will be Orkla Brands Russia’s new chairman.
 
“Combining the best of both organisations, we will improve our competitive position in a demanding Russian market. The establishment of Orkla Brands Russia is an important step in our long-term commitment in the Russian chocolate and confectionery business. We will keep and develop the local brands, thereby maintaining the Russian tradition and proud history,” Jordahl said.

Orkla acquired SladCo in 2005 and Krupskaya in 2006.

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact