Ex-managers of Louis Dreyfus created a grain trading company in Ukraine

The Ministry of Justice of Ukraine on October 9 registered the company Sierentz Global Merchants Ukraine with the statutory fund of almost UAH 40 million.

In early October, Reuters News Agency reported with the reference to sources that former managers of Louis Dreyfus founded the grain trading company Sierentz Global Merchants in Switzerland.

The ultimate beneficiaries of Sierentz Global Merchants Ukraine are Thomas Schultz and Helen Lovley.

"It is curious that Helen Lovley held the post of the vice-president of Louis Dreyfus Highbridge Energy LLC, which is the former energy subsidiary of the grain-trading giant. In 2012, the company was acquired by its management and a group of private investors, and eventually was renamed Castleton Commodities International LLC," the article notes.

The basic activity of Sierentz Global Merchants Ukraine is wholesale grain trade, untreated tobacco, seeds and animal feed.

The head of the company is Lamprakis Lazos. Together with him, another six former managers of Louis Dreyfus Ukraine also joined the new company.

In particular, Sergey Kirilyuk was appointed deputy CEO for commercial affairs, Katerina Krytska was appointed the financial officer, Svetlana Gladchenko — chief lawyer. Sources of Latifundist.com did not confirm the information that David Ohayon headed the new project.

It is reported that Sierentz will increase the staff of traders and concentrate on the export of grain and oilseeds.

"They also do not rule out that with the opening of the land market they will try to enter this market. Taking into account the experience and extensive contacts in the market of Lamprazis Lazos and his colleagues, one can not doubt the ambitions of the new player," the article says.

Earlier it was reported that in late August, part of the top management responsible for managing the grain business left Louis Dreyfus. Also, leading managers headed by Lazos Lamprakis Lakis resigned from Louis Dreyfus Ukraine.

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