Bunge CIS LLC

€Bunge CIS€ LLC, Russian subsidiary of Bunge Ltd, was established in Russia in ***4. The company carries activities in two areas: food products and sales of agricultural products €“ grain and oilseeds.

Bunge owns three popular brands of oil €“ Oleina, IDEAL and Maslenitsa, added to the company€˜s portfolio in ***3, ***5 and ***8 respectively. At present, according to the retail measurement results presented by €Nielsen€ company, these oil brands together hold more than a *2% share of the Russian market.

During ********5 the company purchased grain elevators in Krasnodar and Voronezh regions as well as a grain terminal in Rostov-on-Don. By operating the grain elevators and running regional divisions in the main Russian grain-producing regions, Bunge actively develop grain export and also purchases sunflower seeds for its new oil extraction plant.

Construction of the oil plant in Voronezh region started in spring ***5, and at the end of ***8 the new enterprise was formally opened. The amount of US$ **0 million was invested in the project. Annual plant capacity is **0 thousand ton of raw materials, which will allow producing over **0 million bottles of sunflower oil. Today, in the frameworks of its global strategy, Bunge assigns Russia to be a priority market for sunflower processing and grain procurement and export.