The International Louis Dreyfus Group launched a grain terminal in the Azov port worth RUB 2 billion. It is the largest in the region: the facility is capable of transshipping up to 800 thousand tons of grain per year. Before that, Louis Dreyfus exported grain from the region through the ports of the Black Sea. The volume of export of Don grain was about 300 thousand tons per year. Thus, after launching the new terminal in Azov, exports of grain grown in the Rostov region can increase by 500 thousand tons.
Guardian, one of the world’s largest producers of plate glass and special glass products, will expand its production in the Krasnosulinsk industrial park in the Rostov Region, they said in the press relations office of the Agency for Investment Development of the Rostov Region. The volume of investment in the expansion will amount to RUB 400 mln.
A second plant producing gases, chemicals and associated equipment of an American corporation will appear in the Rostov Region, said Governor of the Rostov Region Vasiliy Golubev.
According to Aleksey Kobilev, deputy of the State Duma, investors from China’s province Anhui announced their intention to invest in the production of furniture and grain processing in Volgodonsk. As he said, China’s HengFeng is ready to invest about 1 billion rubles at the first stage in the enterprise for grain processing.
A leading actor of the European canned vegetables market, the Spanish Riberebro contemplates the possibility of implementation of its industrial projects in Russia. This information appeared following the results of the meeting of the management of the company with the delegation of the Rostov Region at the SIAL PARIS international exhibition.
Olam of Singapore will invest RUB 700 m into upgrade of Azov Seed Terminal in Rostov Region owned by the Outspan International's Russian subsidiary. The relevant agreement has been signed today at Sochi investment forum by Mr. Vasili Golubev, the Governor of the Rostov Region, and Mr. Raj Vardkhan, Senior Vice President of Olam International Limited.