Clean Break: the company completely halting Russian engagements or exiting Russia

Leave Withdrawal

Louis Dreyfus Company (LDC) is an international agricultural trading company. Louis Dreyfus Company B.V. (LDC), also called the Louis-Dreyfus Group, is a French merchant firm with HQ in Netherlands that is involved in agriculture, food processing, international shipping, and finance. The company owns and manages hedge funds, ocean vessels, develops and operates telecommunications infrastructures, and it is also involved in real estate development, management and ownership. Along with Archer Daniels Midland, Bunge, and Cargill, the Louis-Dreyfus Group is one of the four "ABCD" companies that dominate world agricultural commodity trading.

Clean Break: the company completely halting Russian engagements or exiting Russia

Leave Withdrawal

Top 100 largest companies in Russia by revenue

Top 100
Revenue(RF), mln.USD
301
Assets(RF), mln.USD
54
Capital(RF), mln.USD
13
Glob.Revenue, mln.USD
59900
Staff(RF), 2021
4214

Russian agricultural giant, Steppe Agroholding, also has its international trading arm Steppe Trading in Lausanne. The status of their joint venture with Swiss trader LDC, called RZ Agro, which grows grain on its own land in Russia, is unclear.

The Company Statement
April 01, 2023

Suspend operations in Russia. "Louis Dreyfus Company (LDC) will cease grain exports from Russia from July 1, 2023, as grain export challenges continue to increase in the country, and is also assessing options for the transfer to new owners of its existing Russian business and grain assets," LDC said in a statement. Global grain traders - Cargill, Viterra, Louis Dreyfus have stopped exporting Russian grain since July 1, 2023 and are leaving Russia. They informed the Ministry of Agriculture of the Russian Federation about this decision, as well as the fact that they are starting to work out the issues of transferring their business to new owners back in March of 2023.

March 19, 2024Risky Business for Swiss Commodity Trade: Russian Grain Plundering in Ukraine
January 09, 2024The leader has changed in the ranking of the largest grain exporters
April 03, 2023Louis Dreyfus joins global grain merchants' exodus from Russia
April 03, 2023Trader Louis Dreyfus will stop grain exports from Russia
March 04, 2022Crop trader Louis Dreyfus suspends operations in Russia
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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