Press releases

14.11.2011
SODRUGESTVO PARTNERS WITH GRUPO CAMPOFERT IN BRAZIL TO OFFER INCREASED STORAGE FACILITIES TO FARMERS

Partnership Strengthens Sodrugestvo’s Storage Capabilities for Grain Operators  In Sao Paulo, Minas Gerais and Mato Grosso

LUXEMBOURG and NEW YORK, November 14, 2011 – Sodrugestvo Group and Grupo Campofert have announced a multi-faceted partnership agreement in Brazil.

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09.08.2011
SODRUGESTVO ACQUIRES LIDER ARMAZENS GERAIS S.A. IN BRAZIL

Acquisition to strengthen the Group offer to the Brazilian grain operators
in the States of Goias and Minas Gerais

LUXEMBOURG and NEW YORK, August 9, 2011 – Sodrugestvo Group has acquired 100% of Liders Armazens Gerais S.A. Lider, the largest Brazilian private company engaged in the storage and transshipment of grains, owns 15 warehouses located in Brazil fastest growing agricultural regions

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16.03.2011
SBERBANK TO FINANCE THE CONSTRUCTION OF SODRUGESTVO NEW PORT AND PROCESSING COMPLEX IN KALININGRAD, RUSSIA

LUXEMBOURG and NEW YORK, March 16, 2011 /PRNewswire/ -- Sberbank and Sodrugestvo have signed a loan agreement today in Svetliy (Kaliningrad Region) setting a new facility for Sodrugestvo Group.

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10.03.2011
SODRUGESTVO INITIATES CONSTRUCTION OF NEW KALININGRAD PORT COMPLEX

New $430 Million Project to Significantly Expand Capabilities in Russia

LUXEMBOURG and NEW YORK, March 10, 2011 – Sodrugestvo Group (www.sodrugestvo.com) has started construction on a new port complex in Kaliningrad, Russia. 

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19.01.2011
SODRUGESTVO ACQUIRES LEADING RUSSIAN RAILCAR OPERATOR

Balt-Trans Acquisition Positions Sodrugestvo as Largest Privately Owned Logistics Operator in the Russian Grain Sector

LUXEMBOURG and NEW YORK, January 18, 2011 – Sodrugestvo Group (www.sodrugestvo.com) has acquired Russia-based railcar operator Balt-Trans, the second largest operator of grain hoppers in the country.

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08.12.2010
SODRUGESTVO FINALIZES JOINT VENTURE WITH CAROL COOPERATIVE IN BRAZIL

New Entity to Provide Expanded Presence in Brazilian Market for Global Producer

LUXEMBOURG and NEW YORK, December 8, 2010 –Sodrugestvo Group has closed on a joint venture with CAROL, one of Brazil’s largest farmers’ cooperatives.  The new entity, called Carol-Sodru S.A., will considerably strengthen the company’s presence in the Brazilian market.

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20.10.2010
SODRUGESTVO REPORTS FINANCIAL RESULTS FOR FISCAL YEAR 2010

Net Revenues Increase Significantly in Year-over-year Comparison

KALININGRAD, Russia and NEW YORK, October 20, 2010 – Leading Russia-based agro-industrial company Sodrugestvo Group reported a strong increase in net profit in its 2010 fiscal year ending June 30, 2010. The company reported $32 million in net profit on revenues of $857 million compared to $3 million in net profit on revenues of $845 million the year prior.

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01.07.2010
SODRUGESTVO GROUP EXPANDS INTO THE UNITED STATES WITH STAKE IN NORTH DAKOTA CANOLA CRUSHING PLANT

KALININGRAD, Russia and NEW YORK, July 1 /PRNewswire/ -- Sodrugestvo Group (www.sodrugestvo.com), a fast-growing agro-industrial company headquartered in Kaliningrad, Russia, has entered the U.S. market by acquiring a minority stake in North Dakota Oilseed Mills, LLC, a joint-venture with Northwood Mills, LLP, a canola crushing plant based in Northwood, North Dakota near Grand Forks.

23.06.2010
Sodrugestvo Group of Companies Selects Feintuch Communications to Conduct First External Strategic Communications Campaign

NEW YORK and KALININGRAD, Russia, June 23, 2010 – The Sodrugestvo Group of Companies (www.sodrugestvo.com), a fast-growing agro-industrial company headquartered in Kaliningrad, Russia with 18 locations and facilities in seven countries, has appointed Feintuch Communications, Inc. (www.feintuchcommunications.com) as its agency of record.

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18.05.2010
EBRD lends $40 million to Russian agribusiness group. Loans to boost oilseed production in Kaliningrad and improve agricultural logistics.

The EBRD is providing $40 million to a leading Russian agribusiness group under two loans signed today at the EBRD’s Annual General Meeting in Zagreb. The Bank is advancing a seven-year loan of $15 million to Trans Agro, a wholly-owned Russian subsidiary of the Sodrugestvo group, to buy up to 500 railway wagons, as well as a three-year working capital loan of $25 million to Sodrugestvo Soya CJSC.

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12.04.2010
Сreation of a joint venture, named CAROL SODRU

CAROL – COOPERATIVA DOS AGRICULTORES DA REGIÃO DE ORLÂNDIA and SODRUGESTVO GROUP have announced today the signature of a Memorandum of Understanding to create a joint venture, named CAROL SODRU.

23.03.2010
Sodrugestvo Group reports its semi-annual results
For the six-months to 31 December 2009, the Sodrugestvo Group continued the trend which it established during the year ending 30 June 2009. It recorded sales of 684,000 tons, increasing by 6% compared to the same period of the previous year...

27.11.2009
Sodrugestvo group reports the cancellation of a $ 50-million IFC loan
On October 28th, Z.A.O. Sodrugestvo-Soy, a wholly-owned subsidiary of the Sodrugestvo Group has requested the cancellation of a $ 50-million 7-year loan, to be disbursed by the International Finance Corporation...

22.11.2009
Sodrugestvo Group reports the full repayment of its corporate bonds
On October 22nd, 2009 O.O.O. Sodrugestvo Finance, a wholly-owned subsidiary of the Sodrugestvo Group has paid the coupon and the principal of its corporate bonds in full and on time...

26.10.2009
Sodrugestvo group agrees on a USD 250 million facility with JSC BANK VTB NORTH-WEST
JSC Bank VTB North-West has offered the Sodrugestvo Group a USD 250 million five-year facility, including a USD 188 million long-term loan and USD 62 million six-month revolving short-term loan...

10.03.2009
Appointment of the independent Members of the Board of Directors of the "Sodrugestvo" Group of Companies.
To strengthen the support provided to the management of the Company and to develop a new strategic vision in the current global environment, the Shareholders of Sodrugestvo have appointed the following Independent Directors to the Board...

03.02.2009
V. L. Verigo was appointed to the post of director of Sodrugestvo Finance Ltd.
 On February 3, 2009 by the Resolution #1/9 of the sole shareholder of Sodrugestvo Finance Ltd. Vitaliy Leonidovich Verigo was appointed to the post of director for the term of three years, according to the Company's Charter.

24.11.2008
Sodrugestvo Group names Denis Afanasov legal senior manager
Mr. Afanasov D. was named the Director of the Department of Legal Support (as Legal Senior Manager) of Sodrugestvo Group...

26.10.2008
Income payment under the fourth coupon under Open Company "Sodrugestvo - Finans" Bonds.
On October, 23rd, 2008 payment of 4th coupon under unconvertible percentage documentary bonds of the Society with limited liability «Sodrugestvo – Finans» ...

07.07.2008
Sodrugestvo group names Stephane Frappat chief executive officer
The Board of Directors of the Sodrugestvo Group named Stéphane Frappat Group Chief Executive Officer starting July 1st, 2008


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