Reducing Activities: company scaling back some business operations while continuing others

Wait Scaling Back

Gunvor Group Ltd is a Cypriot-domiciled multinational commodity trading company registered in Cyprus, with its main trading office in Geneva, Switzerland. Gunvor also has trading offices in Singapore, the Bahamas, and Dubai, with a network of representative offices around the globe.

Reducing Activities: company scaling back some business operations while continuing others

Wait Scaling Back
Revenue(RF), mln.USD
24
Glob.Revenue, mln.USD
135000
Staff
9
Capital, mln.USD
7
Assets, mln.USD
11
The Company Statement
March 21, 2023

Refuses from new business transactions with Russia, the Company said it would only fulfill current contracts that are not subject to sanctions. Gunvor handles no Russian crude and only very small quantities of products.

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