Ekosem-Agrar: Stefan Dürr has been elected as Chairman of the Russian National Association of Milk Producers

Ekosem-Agrar: Stefan Dürr has been elected as Chairman of the Russian National Association of Milk Producers

12 February 2019 Corporate News

Walldorf, 12 February 2019 – The members of the Russian National Association of Milk Producers ("Soyuzmoloko") have elected Stefan Dürr, Chairman of the Board of Ekosem-Agrar AG and President of the Ekoniva Group, as their new Chairman at the 10th Congress of the Association. He replaces Andrey Danilenko, who has held this position for more than ten years.

Russian Minister of Agriculture Dimitriy Patrushev was also present at the congress, which traditionally took place as part of the AgroFarm trade fair in Moscow on 6 February 2019, and commented on the election of the new chairman: “I am convinced that Stefan Dürr will continue the initiatives commenced by Andrey Danilenko with undoubted success. Dairy product manufacturing is crucial for achieving the goals set by the President of the Russian Federation in relation to the development of the agricultural sector and attaining a 2.5-times increase in agricultural exports by 2024. Potentially, milk export can reach from 800 million to one billion dollars by 2025.”

The Minister stressed that public financial aid was only one building block for the development of the dairy industry in Russia. The demand for dairy products also had to be increased. As a remedy, Dimitriy Patrushev stated an improvement in product quality and a decisive fight against plagiarism in the dairy industry.

Stefan Dürr thanked the Minister of Agriculture on behalf of the present members of the Association for his commitment and emphasized: "I am looking forward to the special task as chairman of the Soyuzmoloko. The goal is to strengthen and further professionalize the team of the Association in order to implement the manifold tasks quickly and efficiently".

About Soyuzmoloko (National Association of Milk Producers)

The Russian Association of Milk Producers is a non-profit organisation founded in March 2008 by Russian milk producers. The Association's mission is to ensure cost-effective conditions for milk production, to provide Union members with comprehensive information on the dairy situation, to promote the improvement of milk quality and the efficiency of milk production in Russia, and to represent and protect the interests of Union members towards state and local authorities, public and international organisations.

About Ekosem-Agrar

Ekosem-Agrar AG, Walldorf, Germany, is the German holding company of Ekoniva Group, one of the largest Russian agricultural companies. With around 142,000 head of cattle (thereof approx. 70,600 dairy cows) and an average milk production of around 1,700 tonnes per day, the company is the largest milk producer in the country. The group has approx. 500,000 hectares of farmland and rates among the leading seed producers in Russia. Stefan Duerr, founder and CEO of the company, has been active in Russian agriculture since the 80s and has played a decisive role in its modernisation over the past two decades. In 2009, he was awarded the German Federal Cross of Merit for his contribution within the German-Russian Agricultural and Political Dialogue Project. The corporate group has more than 9,000 employees in seven regions in Russia and achieved a total output of EUR 246 million and an adjusted EBITDA of EUR 69.5 million in fiscal year 2017. For further information visit: http://www.ekosem-agrar.de/en


Adrian Schairer // T: +49 (0) 6227 3585 936 // E: ir@ekosem-agrar.de

Irina Makey // Ekosem-Agrar AG // Johann-Jakob-Astor-Str. 49 // 69190 Walldorf // T: +49 (0) 6227 3585 919 // E: irina.makey@ekosem-agrar.de // www.ekosem-agrar.de

Media / Investor Relations

Fabian Kirchmann, Anna-Lena Mayer // IR.on AG // T: +49 (0) 221 9140 970 // E: presse@ekosem-agrar.de