Rebranding of the company. Industrial Milk Company S.A. officially changed its name to IMC S.A.
According to the decision taken at the Extraordinary Meeting of Shareholders held on 26 April 2017, Industrial Milk Company S.A. officially changed its name to IMC S.A.
"Changing the name of the company from Industrial Milk Company to IMC is for us a logical step, since milk production business generates less than 4% of the company's revenue. The company is focusing on crop farming using innovative agricultural technologies and best practices in management. However, for 10 years of the company’s existence, the abbreviation IMC has naturally became our second title, well known to our partners and investors. Therefore, at the end of 2016, we made a decision to conduct a rebranding of the company, and the change of the official name of the company was the final stage of it. Today, the company’s name reflects the principles of our work and priorities. These are: I - innovations, M - management, C - commitment"- said Alex Lissitsa, CEO of the IMC.
IMC celebrated its 10th anniversary
In 2017, the IMC team, together with its business partners, friends and rural communities, where the IMC’s enterprises operate, celebrated the 10th anniversary of the company.
The first dividends in the history of the company were paid out
In 2017, IMC paid the first dividends in the company's history to all its investors for a total amount of 1.66 million euros.