PRESS: Rusagro founder Moshkovich can invest in grain exports

MOSCOW, Apr 20 (PRIME) -- The founder of Russian agricultural holding Rusagro Vadim Moshkovich can invest in a new project in the sphere of grain exports, which will be managed by the founder of Valars Group holding Kirill Podolsky, Kommersant business daily reported on Thursday citing sources.

“The founder of Rusagro and the former senator Vadim Moshkovich can invest in a new grain exporter that is to be managed by the founder of Valars Group holding Kirill Podolsky,” the daily reported.

Rusagor and Podolsky have declined to comment.

The new exporter can be focused on the sales of Rusagro’s grain, one of the sources said.

The new player will enter the market following the exit of global grain traders Viterra, Cargill and Louis Dreyfus that said they had stopped exporting Russian grain since July 1, 2022.

End