Profile: OAO "Vimm-Bill'-Dann Produkty Pitaniia" (WBD)

Wimm-Bill-Dann Foods OJSC (WBD), incorporated in May 2001, is a Russian manufacturer of dairy and juice products. The Company’s operations are organized into three segments: dairy, beverages and babyfood. During the year ended December 31, 2008, the Company’s dairy, beverage and babyfood products accounted for 74.2%, 16.8% and 9% of its net sales. As of December 31, 2008, the Company had 37 manufacturing facilities in Russia, Ukraine, Kyrgyzstan, Uzbekistan and Georgia, as well as distribution centers in 30 cities throughout Russia and the Commonwealth of Independent States (CIS). In 2008 the Company merged nine other subsidiaries into Wimm-Bill-Dann, including Surgut Dairy Plant, Ochakovo Dairy Plant, Obninsk Dairy Plant, Pavlogradsky Dairy Plant, Krutinsky Dairy Plant, Angarsky Dairy Plant (MOLKA), Anna milk, SP Julia and Va-Bank-2000. In January 2010, the Company acquired Torgovaya kompaniya Wimm-Bill-Dann ZAO.

Dairy products

The Company’s dairy products include traditional products, such as sterilized and pasteurized milk, butter and cream, as well as traditional sour-milk products, such as kefir, cottage cheese, soft cottage cheese and sour cream; yogurts and dairy desserts, such as traditional and drinking yogurt, fruit-flavored milk and kefir, puddings and flavored cottage cheese, and cheese products. Cheese products include hard yellow and processed cheese.

Beverage products

The Company’s principal beverage products include juice and nectars produced from juice concentrate, enriched juice-based drinks, Mors, bottled natural mineral water and drinking water. Mors is a traditional berry-juice-based drink made from natural berries

Babyfood products

The Company’s babyfood products include liquid dairy products for infants under the age of three; juices and water for infants under the age of three; meat, fish, poultry, fruit, vegetable and dairy purees for children aged three and under; dry formula for feeding babies; products for pregnant women and nursing mothers, and other food products for children. Dry formula for feeding babies is developed in co-operation with the Research Institute of the Russian Medical Academy. Its babyfood products, sold under the Agusha brand, include liquid dairy babyfood, juice, purees and products for pregnant and nursing women. These products are mainly produced at the Moscow Dairy Babyfood Plant and at the Kursk Babyfood Plant.

The Company competes with Danone, Parmalat, Campina, Lactalis, Ehrmann, Unimilk, Voronezhsky M.K. (Molvest), Groupe Danone, Pepsi, Coca-Cola, Multon, Lebedyansky and Nidan.