Transfer description

The Veda holding company was founded in 1994. In the middle of the 2000s Veda was one of the leaders in vodka market in Russia. It occupied the 2nd place in whole Russia market and the 1st in the North-West region. The company had its own liquor enterprise in the Leningrad region (in Kingisepp) and a plant for the low-alcohol cocktails manufacture in Saransk.

In 2005, Kirill Rogozin – the Veda founder died tragically: he was riding a snowmobile across the Gulf of Finland, and ice cracked under it. The younger partner – Aleksandr Matt had to manage Veda on his own in spite of the fact that he did not participate in company’s operating activity before.

Since 2008, all companies that were part of the holding have gradually gone bankrupt. At the same time, executive director of the alcohol department, who was a good expert in distribution area, left the company. According to Rosstat data, in 2007 Veda’s plant in Kingisepp produced only 32.8% volume from the same period last year, the plant in Saransk only 34.9%. 

Sources: Business Petersburg – 2018
https://www.dp.ru/a/2018/05/28/Desjat_bizneskrahov

Kommersant – 2008
https://www.kommersant.ru/doc/868879


Facts

Previous Current
Owner Kirill Rogozin Aleksandr Matt and Anastasiia
Rogozina
Legal form of the
company
Ltd Ltd
Number of employees ? ?

Brand Model of transfer Involved institution Country
Russian size
Waltz Boston
Matrix
6 Transfer by mixed methods (model1 Family transfer + model 3 Transfer to company executives) Russia