A directive of the Council of Ministers of RSFSR (the Russian Soviet Federated Socialistic Republic) No.1228 to build a sugar factory in Skonchikha sloboda near the city of Sergach.
Construction of the factory commenced.
The factory begins operation.
The factory is privatised and OJSC Nizhegorodsakhar is established.
OJSC Nizhegorodsakhar is part of a vertically integrated corporation Zolotoy Kolos.
In order to increase the supply of raw materials to the factory, the Agrocompany was founded from bankrupted farms in 4 districts of the region.
The factory has the best operating performance: 56,300 tonnes of sugar is produced in 2005.
Sugar beet acreage and sugar output decline.
A decision to sell a block of shares of OJSC Nizhegorodsakhar to OJSC Holding Company Akbars.
Creditors of OJSC Nizhegorodsakhar decide to transfer all factory's assets to the equity capital of OJSC Sergacheskiy Sakharnyi Zavod.
OJSC Sergacheskiy Sakharnyi Zavod is registered.
End of 2015
The factory's owner OJSC Holding Company Akbars decide to stop operating in Nizhegorodskaya Oblast.
Nizhegorodskaya Agrocompany Vesna starts managing the nearing bankruptcy OJSC Sergacheskiy Sakharnyi Zavod
Sugar beet acreage increases by 5,700 hectares. Sugar output rises to 31,600 tonnes.
Sugar output rises to 43,100 tonnes.