Grain merchant Viterra’s Russia office will continue to operate under a new name

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Viterra Rus LLC, the Russian branch of Canadian grain trader Viterra, will continue to operate under a new name. In this respect Wrote The Kommersant newspaper cites two sources.

According to one of the addressees, the name of the company will be changed to MZK Export. As the newspaper wrote, citing the SPARK database and the Whois service, in early May Viterra Rus registered a number of domains with the names MZK-Export, MZK-Trade, MZK-Rus.

In the second half of April, Bloomberg reported, citing sources. WroteThe leadership of Viterra, one of the largest Western suppliers of Russian grain, announced its intention to leave the Russian domestic market after the American food company Cargill.

According to a Kommersant source, Viterra will hand over its operating business to the local government. MZK Export may transfer control of the terminal in Rostov-on-Don with an annual grain capacity of up to 1.5 million tons.

Bloomberg in the first half of April Wrotethat the largest international American agro-industrial company, Archer Daniels Midland (ADM), is considering options to leave Russia.

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