Cargill has announced that its Agrograin business migrated to the 'Cargill' name and brand, from 1 June 2009. To mark this occasion, the company recently hosted an event for its employees in Hungary.
Cargill has been active in Hungary since 1995 when it acquired a minority shareholding in Agrograin, one of the leading grain and oilseeds trading and storage companies in Hungary. In October 2007 Cargill gained full ownership of the business.
The name change will help to leverage capabilities within Cargill's other businesses in Hungary and will further strengthen its existing customer relations. For existing customers and suppliers, it will be business as usual. Meanwhile, Cargill is further expanding its activities in Hungary to include supplying more farmers with seeds, chemicals and fertilisers.