# VTB buys stake in grain terminal complex | 2020-03-23  | World Grain

> Demetra Holding, part of VTB Group, acquired a 50% stake in Taman Grain Terminal Holdings from Ukraine's Kernel. Glencore remains a 50% partner, and the Taman terminal is the only specialized deep-sea grain handling facility at the Russian Black Sea port.

- Date: 2020-03-23 · published 2020-03-23T12:00:00.000Z
- Category: logistics · region Russia · magnitude low
- Page: https://feedsoft.ai/events/53993-vtb-buys-stake-in-grain-terminal-complex-2020-03-23-world-grain
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The ownership change concentrates Black Sea grain export infrastructure under state-linked control, which could shape future export flows. It has little immediate effect on prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-04-06 | [IFC loan to support new grain terminal at Black Sea port \| World-grain.com \| April 06, 2017 13:39 \| World Grain](https://feedsoft.ai/events/71357-ifc-loan-to-support-new-grain-terminal-at-black-sea-port-world-grain-com-april.md) | +0.3% | +3.3% |
| WHEAT | 2021-05-01 | [Azov Sea grain terminal](https://feedsoft.ai/events/46949-azov-sea-grain-terminal.md) | -5.4% | -5.4% |
| WHEAT | 2020-01-22 | [Transport strikes in France impacting cereal sector \| 2020-01-22  \| World Grain](https://feedsoft.ai/events/55085-transport-strikes-in-france-impacting-cereal-sector-2020-01-22-world-grain.md) | -4.5% | -0.1% |
| WHEAT | 2018-02-08 | [New port grain terminals to come online in Ukraine in 2018](https://feedsoft.ai/events/66359-new-port-grain-terminals-to-come-online-in-ukraine-in-2018.md) | -0.5% | +1.3% |
| WHEAT | 2020-04-01 | [Shipping markets in flux amid COVID-19 chaos \| 2020-04-01  \| World Grain](https://feedsoft.ai/events/53529-shipping-markets-in-flux-amid-covid-19-chaos-2020-04-01-world-grain.md) | +1.6% | -1.6% |
| CORN | 2017-04-06 | [IFC loan to support new grain terminal at Black Sea port \| World-grain.com \| April 06, 2017 13:39 \| World Grain](https://feedsoft.ai/events/71357-ifc-loan-to-support-new-grain-terminal-at-black-sea-port-world-grain-com-april.md) | +0.6% | -0.3% |
| CORN | 2017-03-07 | [Louis Dreyfus Company opens new grain terminal \| World-grain.com \| March 07, 2017 13:42 \| World Grain](https://feedsoft.ai/events/71889-louis-dreyfus-company-opens-new-grain-terminal-world-grain-com-march-07-2017-13.md) | -2.2% | -0.2% |
| CORN | 2021-05-01 | [Azov Sea grain terminal](https://feedsoft.ai/events/46949-azov-sea-grain-terminal.md) | +2.8% | -6.2% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/13441-vtb-buys-stake-in-grain-terminal-complex

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.