Rusagro transferred to management of Russian Agricultural Bank structure - Unified State Register of Legal Entities
MOSCOW. May 29 (Interfax) - PJSC Rusagro Group , the controlling stake in which was transferred to the state by court decision, has been transferred to the management of a structure of Russian Agricultural Bank - RSHB-Finance LLC, according to the Unified State Register of Legal Entities.
The corresponding entry in the register was made on May 28, 2026.
As previously reported, on May 5, Moscow's Khamovniki Court granted the demand to transfer more than half of the shares of PJSC Rusagro Group to the state as part of a lawsuit against the company's founder, former senator Vadim Moshkovich, former head of the company Maxim Basov, and other co-defendants.
"The petition of the deputy prosecutor general is granted. The ordinary shares of PJSC Rusagro, par value 2.5 rubles, in the number of 469,702,161 shares, registered in the name of Vadim Nikolayevich Moshkovich, are to be turned over to state revenue," the court decision said. A further 795,658 shares of the company owned by Moshkovich's wife Natalya Bykovskaya, 72,940,400 shares of former company head Maxim Basov, 14,370,325 shares of former top manager and Moshkovich's nephew Sergei Tribunsky, and 69,209,183 shares registered in the name of his wife Luiza Ploshchanskaya were also transferred to the state.
The charter capital of PJSC Rusagro Group is divided into 958,749,600 ordinary shares. The court therefore transferred a controlling stake (slightly more than 65%) to the Russian state and placed the company under state control.
Rusagro is one of the leading agricultural holdings in Russia.
The group's assets are located in 15 regions of Russia. It includes nine sugar plants, six oil extraction plants and six fat-and-oil product manufacturing plants, 46 pig farms and four meat processing plants. The land bank amounts to 826,000 hectares (the fourth largest in Russia). The group's revenue amounted to 396.5 billion rubles in 2025 compared to 340 billion rubles in 2024.
The transfer of Rusagro's assets under the bank's management will ensure the continuity of operations at the enterprise, business stability, fulfillment of obligations to counterparties, and the further development of the group, the press service of Russian Agricultural Bank told Interfax. "Operational management remains with the current management team. The main task of the parties is to preserve the stability of the enterprise and its market positions," the press service said, emphasizing that "the company's operational and investment activities continue as normal."
"The decision of the Federal Property Agency is based on the bank's many years of industry expertise. The period during which the company will be under management and the future fate of the asset fall under the competence of the Federal Property Agency," Russian Agricultural Bank said.
In accordance with the court decision, 100% of the charter capital of Financial Resource LLC owned by Moshkovich, 1% in Bondarsky Cheese Factory LLC and 0.01% in Rusagro Group of Companies LLC, as well as 25% stakes each in Geomirago LLC owned by Basov and Yulia Tribunskaya, were also turned over to state revenue. According to extracts from the Unified State Register of Legal Entities, the owner of these stakes is the Russian state represented by the Federal Property Agency.
