The FINANCIAL — In July 2011, OJSC Novorossiysk Center of Grain Production shipped for exports over 330 thsd tonnes of Russian grains, declared the press-service of OJSC United Grain Company.
According to the press service, in the first month after cancellation of the embargo on grain exports, the capacities of the enterprise for export shipment of grains were not involved at full extent, due to the need for final adjustments of the enterprise equipment upgrades, said Sergey Shilov, General Director of JSC Novorossiysk Center of Grain Production.
Until the end of 2011/12 agricultural year, Novorossiysk Center of Grain Production plans to export at least 4 mln tonnes of grains.
Besides, in July the grain-processing complex of the enterprise continued operating at full capacity. In July the enterprise produced over 4 thsd tonnes of flour.
As a reminder, in the season-2008/09 OJSC Novorossiysk Center of Grain Production exported 3.55 mln tonnes of grains, which totaled 15.8% of all-Russian exports. The volume of grain transshipment for export to from the enterprise in the period from January 1 to 15 August 2010 totaled 2.16 mln tonnes.
In accordance with the Decree by Dmitry Medvedev, President of the Russian Federation, dd. March 20, 2009, the authorized capital of OJSC United Grain Company received 50.99% of shares of OJSC Novorossiysk Center of Grain Production which were state owned.
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