The promotional picture of the Abrikosov factory was printed on cardboard using the offset printing technique somewhere between 1891 and 1910. The factory traces its history back to 1804 when it was the Abrikosov family confectionery workshop. In 1873, the “Abrikosov Confectionery Establishment” received the status of a factory after Alexey Abrikosov filed a petition addressed to the Moscow Governor-General on February 23, 1873. The factory became known as the “A.I. Abrikosov & Sons Partnership”.
The charter of the partnership was approved on April 25 (May 7, new style), 1880. It operated until 1919. The founders were the commerce advisor Alexey Abrikosov and the trading house “A.I. Abrikosov & Sons”. The organization was one of the three largest Russian confectionery enterprises along with “Einem”, “Sioux and Co”. In 1919, the Abrikosov confectionery factory was nationalized by the Soviet government, and in 1922 it was renamed to “The Worker P.A. Babayev Factory” — after the Russian revolutionary of Azerbaijani descent and chairman of the Sokolniki district Executive Committee Pyotr Akimovich Babayev.
During the Great Patriotic War, when the German forces were heading for Moscow, a significant part of the equipment was taken to Alma-Ata. A year later, a new production facility was created using the evacuated equipment. It had an annual output of 20 thousand tons of goods. During the war, new production facilities were established, namely, a food concentrate facility, which produced various types of cereals in briquette form, and a yeast facility, which provided the population with yeast protein. In the post-war decades, new varieties of chocolate and sweets were created at the factory, some of them survived to this day. Among the most famous are chocolate bars “Babayevsky”, “Inspiration”, “Lux”, “Gvardeyskiy”, “Elitny”, candy “Babayevsky” and “Vizit”.
In July 1992, the factory was privatized and became an open joint stock company. In 1998, after the merger of a number of regional confectionery factories, JSC “Babayevsky Confectionery Concern” was created. Finally, in 2003, the Babayevsky Concern became part of the United Confectioners holding company, which also includes the well-known factories Krasny Oktyabr, Rot Front and others.