Solaris Commodities is expanding its operations in Brazil and entering new agricultural markets.

Solaris Commodities, a leader in the Russian wheat trading market, has announced plans for significant business expansion. The company is prioritizing entry into the markets of Brazil, Africa, and the Middle East, as well as developing its business in the logistics and processing of agricultural products. Strategic changes following the relocation of the headquarters. Solaris has relocated its headquarters from Geneva to Dubai. This decision was driven by the increased caution of Swiss banks in financing Russian companies, despite the fact that agricultural products were not subject to Western sanctions. Strengthening positions in Brazil and business diversification. Brazil has become one of the main regions of development for the company, alongside the countries of the Middle East and Africa. Oleg Pankratov, the CEO and head of the investment department of Solaris in the region, stated that the company aims to become a significant player in the market for trading not only wheat but also other agricultural products.