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.
Its current name was received only in 1922 in honor of Peter Akimovich Babayev, chairman of the Sokolniki District Executive Committee.
In 2002, after the bankruptcy of Inkombank, the controlling interest in the concern was sold to the Amidis LLC for 800 million rubles.
In 2002 after the bankruptcy of Inkombank, the controlling stake in the concern was sold to Amidis LLC for 800 million rubles.
In 2003, the Babaevsky Concern became part of the United Confectioners holding, which also includes the well-known factories Krasny Oktyabr, Rot Front, etc.