Nibulon JV LLC (Mykolaiv), one of the largest grain market operators in Ukraine, has signed an agreement with German machinery manufacturer CLAAS to purchase 29 units of agricultural machinery at the AGRITECHNICA-2023 exhibition in Hannover.
“The new equipment will allow Nibulon’s agricultural production department to start the spring field work of the 2024 season with new innovative machinery. The company expects that this will allow it to carry out basic technological operations in a short time and save fuel and other resources,” the company wrote on Facebook.
According to the report, CLAAS will supply Nibulon with 10 combines, 15 tractors, and 4 telescopic handlers.
The equipment is being updated as part of the project to reform the business and improve production technology initiated by Nibulon’s agricultural department in 2023. The agronomy division intends to reduce production costs and reach a competitive level with other agricultural producers. This course involves reducing the number of equipment while increasing the efficiency and accuracy of operations.
Nibulon JV LLC was established in 1991. Prior to the Russian military invasion, the grain trader had 27 transshipment terminals and crop reception complexes, a capacity for simultaneous storage of 2.25 million tons of agricultural products, a fleet of 83 vessels (including 23 tugs), and owned the Mykolaiv Shipyard.
“Before the war, Nibulon cultivated 82 thousand hectares of land in 12 regions of Ukraine and exported agricultural products to more than 70 countries.
In 2021, the grain trader exported the highest ever 5.64 million tons of agricultural products, reaching record volumes of supplies to foreign markets in August – 0.7 million tons, in the fourth quarter – 1.88 million tons, and in the second half of the year – 3.71 million tons.
Nibulon’s losses from Russia’s full-scale military invasion have reached $400 million. The grain trader is currently operating at 30% of capacity and has set up a special unit to clear agricultural land of mines.
