+38 (044) 364-55-85



Russia. VTB sold off almost half its grain business



Consulting Agency


VTB Group has attracted strategic partners to grain business. In April 2020, the new shareholders – JSC Agronova and Marathon Group – acquired shares in the capital of Demeter Holding, which comprises VTB’s grain assets. Under the deal, Agronova obtained 25% of the grain company, while Marathon Group got 24.99%. VTB will retain control over Demeter Holding and exercise operational management thereof.

As a reminder, Demeter Holding’ assets include Russia’s largest grain terminals: the holding owns 100% in the Novorossiysk Grain Terminal, 35.5% in the Novorossiysk Grain Product Plant and is a co-owner of a terminal in Taman, UkrAgroConsult reports.  

More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics "Black Sea Grain" in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 14-day free trial!!

Start using analytical data and increase your efficiency now!

Register to get your demo access. http://agrisupp.com/en/register/1



Share in social media:

More market news:

If you have any questions, please contact us:

Leave us a message, and our manager
will contact you as soon as possible.