Группа «Сумма» и ОАО «ОЗК» построят терминал по перевалке зерна на Дальнем Востоке

22 november 2011
LLC «Dalport», owned by Summa Group, and OAO «United Grain Company» (UGC) have signed a collaboration agreement for the construction of a grain transshipment terminal at Vostochny Port in the Far East. The terminal will have a capacity of 5 million metric tons per year and be able to receive up to half a million metric tons of imported goods per year. The total investment in the terminal may reach RUR 5 billion. To carry out the project, the two companies plan to set up a company which will begin construction work in 2012 and complete it in 2014.

«Summa is currently a shareholder in Novorossiysk Commercial Sea Port, Russia’s largest transport and logistics group. The project in the Far East fits well into our business model, which is focused on further growth. All forecasts predict that world demand for grain is poised to increase over the next 40 years, and Russia is one of the few countries that have great potential to increase grain production and exports. Grain producers in Siberia grow much more grain that can be consumed locally. According to various estimates, the surplus amounts to about 5 million metric tons per year. However, Siberian grain producers have very limited access to export ports on the Azov-Black Sea basin. This is primarily because these ports are overloaded with grain from the Southern Federal District and the Volga region but also because it’s expensive to haul grain by rail. Therefore, the construction of an export port in the Far East will give Siberian grain producers both a good opportunity to enter Asian markets and an impetus to further increase production. I’m confident that Summa Group’s investment will help support Russia’s growing export potential in the grain market,” said Summa Group’s First Vice President Alexander Vinokurov.