Business news from Ukraine

Business news from Ukraine

Nibulon raised €7.8 mln from DEG Impulse for humanitarian demining in Ukraine

24 February , 2026  

One of Ukraine’s largest grain market operators, Nibulon, has launched a new phase of its humanitarian demining initiative and signed an agreement with German organization DEG Impulse gGmbH for €7.8 million in funding, the company announced on Facebook.

According to the report, the funds under the develoPPP program will be used for maritime and inland water demining in southern Ukraine. The project involves the construction of a 90-meter marine platform equipped with modern unmanned underwater systems (ROV, AUV, and UUS) for clearing waterways at Nibulon’s own shipyard.

According to the company’s estimates, the implementation of the project will make it possible to clear more than 10 square kilometers of water areas in the Mykolaiv and Kherson regions and additionally clean up more than 13,600 hectares of agricultural land. This will allow more than 200 farms to resume safe operations and ensure an annual production of more than 70,000 tons of grain.

In addition, the initiative includes the creation of a technical service center, the deployment of a mobile rapid response infrastructure, and the training of more than 60 specialists (sappers, operators, and divers). The project’s coastal base will be certified according to IMAS international standards.

“This new stage not only strengthens our technical capabilities, but also demonstrates how Ukrainian business can take the lead in overcoming the consequences of war,” emphasized Oleksandra Dolzhenkova, Nibulon’s director of government relations.

As reported, Nibulon is actively developing its own humanitarian demining unit to restore security on leased land and assist Ukraine’s agricultural sector. The company is a certified mine action operator. In February 2026, Vsevolod Petrovsky, an expert on international missions in Somalia and Libya, headed Nibulon’s demining division.

Before the war, Nibulon cultivated 82,000 hectares of land in 12 regions of Ukraine and exported agricultural products to more than 70 countries around the world. In 2021, the grain trader exported a record 5.64 million tons of agricultural products. After the war began, the company was forced to move its central office from Mykolaiv to Kyiv. In addition to 23 elevator complexes, Nibulon has its own road and rail transport facilities, as well as a fleet built at its own shipyard. Even during wartime, this fleet continues to operate river transport on the Dnipro, Danube, and Southern Bug rivers.

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