Sergei Shishkarev, founder of Delo Group of Companies, announced the volume of investments in the development of the grain terminal 22:34

Delo group of companies has invested half a billion dollars in the development of the KSK grain terminal in Novorossiysk. This was announced by Sergei Shishkarev, Chairman of the Board of Directors of the Delo Group of Companies, on the Rossiya 24 TV channel.

“Since 2006, we have invested more than $500 million to expand the dock and increase transshipment capacity. Today we see one million more exports than last year, this is an export of 9 million tons. “The plans also include increasing the capacity of the terminal to 10-10.5 million tons of grain,” said Sergey Shishkarev.

Increasing the capacity of the KSK terminal will allow Russian producers to significantly increase grain exports to China, Africa and other friendly countries and strengthen Russia’s leading position in the world market.

Sergey Shishkarev recalled that a group of companies recently consolidated 100% of the shares of the KSK grain terminal by purchasing a stake in the American Cargill. Thus, the country’s largest terminal in terms of grain transportation volume is now completely under the control of the Russian side.

Together with the increase in capacity, this allows the terminal to successfully solve government tasks aimed at increasing the country’s exports of basic grains.

At the end of last season, Russia exported a record 60 million tons of grain, occupying 20% ​​of the entire world market.

Additionally, the founder of Delo Group of Companies said that the group of companies plans to increase the capacity of its other Novorossiysk terminal, the NUTEP container terminal.

“We plan to extend the already constructed dock by another 100-plus meters, increase the warehouse turnover of our complex and reach an annual transshipment volume approaching 1 million containers equivalent to 20 feet per year,” said Shishkarev.

Let us remember Russian President Vladimir Putin’s earlier call for increasing the transportation infrastructure for the development of the south of Russia and the Azov region. It was discussed to increase the capacity of the railways, especially for more active use of the Azov and Black Sea ports.