Business news from Ukraine

Business news from Ukraine

NYVA BILA TO BUILD ELEVATOR IN UKRAINE

21 February , 2020  

Nyva Bila LLC (Ternopil region) plans to invest $4.7 million in the construction of an elevator in Chortkiv (Ternopil region), according to the website of Chortkiv City Council.
According to the report, the capacity of the elevator will be 40,000 tonnes of grain. It is planned to build it in 2021–2022.
The structure of the elevator will also include a granary with equipment for drying and storing grain.
“Investors need a land plot with an approximate area of 8 hectares within the Chortkiv territorial community. The territory of the Chortkiv-West industrial park is one of the likely places which investors can enter,” the report said.
According to the unified state register of legal entities and individual entrepreneurs, the ultimate beneficiaries of Nyva Bila LLC are Karel Ole Van Der Vorm and Martinus Van Der Vorm, the founders indicate Southberg Holdings LLC (Kyiv).