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Louis Dreyfus Commodities Holdings Group

A large grain terminal will be built in the Azov District of the Rostov Region by the end of this year. The Acting Governor of the Rostov Region, Vasily Golubev, and Louis Dreyfus Commodities Vostok CEO Nicolas Maguin signed the investment agreement at the St. Petersburg International Economic Forum.

The amount of investment is estimated at RUB 1.5 billion. The first stage will enable the transshipment of around 500,000 tons of grain annually, with a potential expansion to 1.2 million tons.

With assistance from the regional government, the company has already completed all the necessary groundwork, including securing connections to the utility and transport infrastructure; obtaining permits from various agencies, including Russia’s Federal Anti-Monopoly Service; and deciding to build a road leading to the grain terminal at the investor’s expense.

According to Artem Fedorov, an analyst with the South Agrarian Agency, the new terminal had been long overdue. The Rostov Region has been increasing output recently. He believes surplus grain that is not processed or used as fodder must be exported.
 

23 June 2015
http://www.rg.ru/
Investor
26.9 mln
Rostov Region

Investor profile

Louis Dreyfus Commodities Holdings Group

The Netherlands

Company's website: www.ldcom.com/

Public company

E-mail: LDcontact@louisdreyfus.nl

Contact: Serge Schoen, CEO

OOO Louis Dreyfus Commodities Vostok, a Louis Dreyfus international group company, is one of Russia’s major grain exporters, with annual exports of between 1.5 million and 3 million tons. The Louis Dreyfus group’s Russian holdings also include the elevator chain OOO Russian Elevator Company, two of whose elevators are located in the Rostov Region.

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