0 0 5 , ▁when , ▁due ▁to ▁the ▁mer ger ▁of ▁the ▁company ' s ▁ag ro - indust rial ▁and ▁meat ▁processing ▁units , ▁a ▁larger ▁facility ▁was ▁formed , ▁namely ▁C HER K IZ O VO ▁Group ; ▁Na um ▁was ▁appointed ▁the ▁company ' s ▁Str ategy ▁and ▁Development ▁Director . ▁ ▁According ▁to ▁V edom osti , ▁the ▁prominent ▁Russian ▁business ▁daily , ▁his ▁achiev ements ▁at ▁the ▁position ▁were ▁fully ▁recognized ▁with ▁C HER K IZ O VO ' s ▁IP O ▁launch ▁in ▁ 2 0 0 6 . ▁ ▁At ▁the ▁beginning ▁of ▁ 2 0 0 7 , ▁Bab ae v ▁res igned ▁to ▁proceed ▁on ▁his ▁own . ▁Ch erk iz ovo ' s ▁official ▁statement ▁marked ▁his ▁contribution ▁to ▁the ▁Group . ▁ ▁Business ▁ ▁Rus m ol co ▁was ▁established ▁in ▁October ▁ 2 0 0 7 , ▁when ▁Bab ae v ▁started ▁two ▁m ega ▁da iry ▁far ms , ▁from ▁the ▁ground ▁up ▁in ▁P enza ▁O blast ▁about ▁ 7 0 0   km ▁south - east ▁of ▁Moscow . ▁By ▁ 2 0 1 1 ▁Rus m ol co ▁had ▁become ▁a ▁major ▁regional ▁raw ▁milk ▁producer , ▁dou bling ▁the ▁average ▁milk ▁product ivity ▁in ▁Russia ▁at ▁ 9 2 7 0   kg ▁per ▁cow ▁against ▁the ▁average ▁ 4 5 0 0   kg , ▁according ▁to ▁the ▁data ▁of ▁the ▁Ministry ▁of ▁Agricult ure ▁of ▁the ▁Russian ▁Federation . ▁ ▁" B ab