Investment Promotion Agency of Rostov Region

News Room

3 May

MARGARITA LOUIS-DREYFUS: EXPERIENCE OF PROJECT IMPLEMENTATION IN ROSTOV REGION IS ONE OF THE BEST IN OUR HISTORY

One of the key factors for the successful implementation of the project of the Franco-Dutch Louis Dreyfus Company (LDC) in the Rostov region has been the constant assistance to the investor from the region.

At the grand ceremony of launching the Louis Dreyfus Company grain terminal in the Azov region, the company's management noted that "the project support exceeded all expectations".

"We build grain terminal all around the world, we have been doing it for many years, but judging from the quality of collaboration and the state support, the experience of project realization in Rostov region is one of the best through all our history. I would like to show my special gratitude to the Governor of Rostov region Vasily Golubev, an also to thank Investment promotion agency, which has been extensively supporting this project from its very beginning" said the Chairman of the Board of Directors of Louis Dreyfus Holding B.V. Margarita Louis-Dreyfus at the ceremony of the grand opening of the grain terminal.

Louis Dreyfus Company officially launched the grain terminal "Agroport" Don Outfall" in the Azov district of the Rostov region on May, 2nd. This is the first grain terminal of the Louis Dreyfus Company in Russia. The project, which got 2 billion rubles of investment, is included into the "Governor's hundred" of high-priority investment projects in the Rostov region. The terminal will be used for transshipment of grain to vessels of mixed type "river-sea". At the initial stage, the export potential of the terminal will be 800000 tons per year, in the future it may increase to 1-1.2 million tons. The main export destination is the countries of the Mediterranean.

In connection with this project, the Louis Dreyfus Company is studying the prospects for expanding its business in the Don region, including the possibility of creating flour milling manufacture at the territory of the terminal in the Azov district.