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Press release

Trafigura Eurasia LLC opens

Geneva, 5 September 2013 - Trafigura, a world leader in international commodities trading and logistics has opened a new company headquartered in Moscow - Trafigura Eurasia LLC.

“Our group has 81 offices in 56 countries on six continents, but the importance of Russia to our global markets makes the opening of a new Moscow-based business an event of particular strategic importance to us,” said Claude Dauphin, Chairman and CEO of Trafigura.

The company, created to develop business across Russia and the CIS, will be led by industry veteran Jonathan Kollek as President and Elena Lobodina as CEO.

Dmitry Kuranov and Alexei Golubev have joined the company with an experienced team to secure positions in the Russian oil sector, a territory long dominated by rivals.

As a first step Trafigura has already concluded its first large oil export deal in Russia with Rosneft which according to Claude Dauphin: “Is a good start of what should be a long-term and rewarding relationship for both companies.”

Mikhail Zeldovich will continue to head the metal and coal trading division which will be strengthened to develop deeper relationships with CIS producers.

Trafigura Eurasia LLC is headquartered at 10 Povarskaya Street, Building 1, Moscow. As with other Trafigura offices, the majority of its staff will be employed locally.




Further Information

Trafigura's Global Press Office: +44 207 009 1708 or Email: media@trafigura.com

 

Notes to Editors

The Trafigura Group is one of the world's leading international commodity traders, specialising in the oil, minerals and metals markets, with 81 offices in 56 countries in six continents.

The Group's primary trading businesses are the supply and transport of crude oil, petroleum products, renewable energies, coal, refined metals, ferrous and non-ferrous ores and concentrates. It is the world's second largest privately owned non-ferrous and oil trading company.

Founded in 1993, the company is owned by its founding shareholders and senior management. It has achieved substantial growth in recent years, growing turnover from USD18 billion in 2004 to USD120.4 billion in 2012. For more information visit www.trafigura.com