Louis Dreyfus Commodities Holdings Group

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.

03 May 2017

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
26.9 mln
Rostov Region

Investor profile

Louis Dreyfus Commodities Holdings Group

The Netherlands

Company's website: https://www.ldcom.com/

Public company

E-mail: LDcontact@louisdreyfus.nl

Contact: Serge Schoen, CEO

Louis Dreyfus Commodifies East, LLC, a member of the international Louis Dreyfus Group, is one of the largest grain exporters in Russia, annually supplying abroad one and a half to three million tons of grain. The Louis Dreyfus Group also owns an elevator network in Russia – Russian Elevator Company, LLC – two of which are located in the Rostov region.