Abrau Durso, the largest sparking wine producer in Russia, has been floated on the Russian stock exchange. The IPO is expected to raise $15 million for a 15% stake by the end of April.

The proceeds will be used to develop tourism in the Krasnodar region of Russia, where Abrau Durso is based. Abrau Durso also plans to double production up to 34 million bottles by 2015.

The company was founded in 1870 and has been majority owned by SLV Group since 2006. Following modernisation Abrau Durso increased production from 4 million bottles in 2005 to 14 million in 2008. Abrau Durso became the first Russian wine company to receive an award at the International Wine Spirit Competition in 2010.

Moscow-based Rusagro, the Russian sugar, pork and agribusiness group, is seeking to raise $30m through an initial public offering of about 17% of its equity on the London Stock Exchange. The IPO will value Rusagro, which controls about a sixth of Russia’s sugar production and owns the country’s fifth largest pig farm, at up to $2.08b.

Rusagro incorporates six food processing plants and 38 agricultural companies in the Belgorod, Tambov and Voronezh Regions. Rusagro is also engaged in dairy farming and hog farming in Belgorod Region.

The money raised will be used to fund Rusagro’s expansion strategy. Rusagro is 95% owned by founder and Russian billionaire Vadim Moshkovich and his family.

Dairy company Milkiland, which operates in the Ukraine and Russia but is registered in the Netherlands, is seeking to raise about $100m via an initial public offering of 20-25% of its equity on the Warsaw Stock Exchange. The funds are expected to be used for acquisitions.

Established to develop dairy processing businesses in Eastern Europe, Milkiland owns Milkiland-Ukraine, one of the largest dairy companies in the Ukraine with 16 production sites, as well as a 75% stake in Moscow-based Ostankinsky Molochny Combinat, one of the largest dairy enterprises in Russia.