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 Plans for vegetable oil extracting factory in Belarusian Smorgon | Business news, Belarus | Belarus.by
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16 Feb 2016

Plans for vegetable oil extracting factory in Belarusian Smorgon

GRODNO, 16 February (BelTA) – The Belarusian company OOO Belagroterminal intends to build a vegetable oil extracting factory in Smorgon, representatives of the administration of the free economic zone Grodnoinvest told BelTA.

The company intends to start building the enterprise in H2 2016. The vegetable oil extracting factory will be designed to process primarily colza and soy seeds. Another terminal will be built nearby for transshipping and storing agricultural cargoes. Belagroterminal will implement these projects as a resident company of the free economic zone Grodnoinvest. Inclusion into the free economic zone in February 2016 was a convincing argument for the company to expand its operation at the site in Smorgon.

Belagroterminal has been building a unique manufacturing and logistics complex in Belarus since 2012. The agricultural terminal was envisaged as a transport, logistics, unloading and loading hub for transshipping grain and other agricultural cargoes, for storing and transporting vegetable oils and distributing merchandise flows in the Customs Union. The infrastructure include warehouse facilities, a major loading and unloading hub for railway and automobile transport, administrative premises and energy installations, artesian wells, and roads. Nearly 100 people are employed at the site.

OOO Belagroterminal is part of the international agribusiness group of companies Sodrugestvo, which is headquartered in Luxembourg. It is one of the largest private investors in Russia’s agribusiness. The group of companies has set up a well-developed network for storing and distributing products. It has manufacturing facilities in various countries.

In 2015 the group of companies Sodrugestvo was ranked 64th in Russia’s top 200 private companies according to Forbes.

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