The company was founded in 1991 by Dmitry Tereshkov and was originally called the Siberian Contract Corporation (SCC), it provided intermediary services, the company took orders, then purchased the necessary raw materials for the implementation of orders, entered into contracts with enterprises for the processing of raw materials, after which it sold finished products.
At that time, the system of state financing of rural industry was on the verge of collapse, bread factories experienced great difficulties due to a lack of grain.
The plants manufactured products but were unable to pay the debt, after which Tereshkov took another loan and bought two factories that owed him (two enterprises belonging to the Voskhod Association).
In the same year Tereshkov and Boris Serebryany (founder of the Fiera Foods from Canada) created the Voskhod-Beiker Company in Novosibirsk for the production of parbaked bread.
As of 2015, it included 14 bakeries in Novosibirsk, 8 in Saint Petersburg, 5 in Moscow, as well as in Krasnoyarsk, Chelyabinsk, Cheboksary and Ust-Kamenogorsk (Kazakhstan).