Business news from Ukraine

Business news from Ukraine

New elevator is being built in Khmelnytskyy region

Elevator with a capacity of 40 thousand tons of storage is being built in Khmelnitsky region, reported the company “AktivProject” LLC, which is engaged in installation.

“In Khmelnitsky region the construction of another elevator continues. The customer decided to implement the project in full at once, without dividing it into queues,” the company wrote on its Facebook page.

The total storage capacity will be 40 thousand tons. The capacity of transport equipment is 100 tons/hour.

“The peculiarity of this facility is the installation of load cells on the shipping hopper, which will ensure accurate batching and simplify the process of loading grain into road transport,” – emphasized in “ActiveProject”.

OOO “AktivProject” specializes in complex design and installation of grain storage and processing facilities (elevators, feed, flour milling, oil extraction, grits plants), commodity warehouses and logistics complexes.

 

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Nibulon recouped $1 mln in investments in digital twins of elevators in one year

One of Ukraine’s largest grain market operators, Nibulon LLC, recouped approximately $1 million in investments in a digital twin of elevators developed on the basis of the IT-Enterprise ERP system in less than a year by reducing the number of employees and grain losses.

“In conditions of staff shortages, the system allows us to reduce our dependence on manual labor… Previously, 80-100 people worked at one elevator, today there are about 20-30,” according to a joint press release issued by the companies on Monday.

It is noted that the implementation of the new system from IT-Enterprise has improved accounting accuracy and reduced grain losses by 1%.

“We have improved quantitative and qualitative accounting and automated every step of the process: the movement of grain from the moment it arrives at the elevator to shipment to the end consumer, including control of grain quality indicators and resources spent on its processing,” the release quotes Nibulon IT Director Mykola Ryasko as saying.

In addition, it was possible to ensure transparent access to grain quality parameters determined as a result of laboratory tests. In particular, the data is now available in a mobile application along with other operational information.

The agricultural holding specified that it integrated the digital twin of 23 elevators in 2024. “A digital twin is a digital copy of production that is updated in real time based on data from sensors and other sources. This allows you to effectively simulate elevator operating modes and manage all processes from anywhere in the world,” commented Oleg Shcherbatenko, CEO and founder of IT-Enterprise, on the project.

As previously reported by Andriy Vadatursky, owner and CEO of Nibulon, in 2024 the company invested $2 million in the digitization of production processes, which was directed towards the creation of a digital copy of the elevator and a mobile application. According to him, the software has been installed on all of the grain trader’s elevators and connected to a common network.

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.

This year, Nibulon plans to increase grain exports to 4 million tons from 2.5 million tons last year, while its land bank has shrunk to 1,000 hectares and its workforce has fallen from 6,000 to less than 2,000.

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Nibulon invested $2 mln in digital copy of elevator and mobile application

One of the largest operators in the Ukrainian grain market, Nibulon LLC, invested $2 million in the digitization of production processes in 2024, which was directed toward the creation of a digital copy of the elevator and a mobile application, according to the company’s owner and CEO Andriy Vadatursky.

“We have about 100 people (working in the field of digitalization – IF-U). We recruited many of them from the market and provided them with work. We have detailed plans for the implementation of projects for three years. We know the detailed plan for the month, for the year, and we know the prospects for three years. We also plan to provide services specifically for the projects we are doing for Nibulon. We believe that if it is necessary for Nibulon, then it will also be necessary for the market,” he said at the Forbes Agro conference in Kyiv last Friday.

Among the main projects in which funds were invested, Vadatursky named a digital copy of the elevator, in particular, the purchase and installation of modern equipment that determines the quality of grain. The software is installed at all of the grain trader’s elevators and is connected to a common network. Thanks to this, responsibility at the elevators has been strengthened, the quality of raw materials is clearly determined, the influence of the human factor has been minimized, and reporting has been streamlined.

In addition, Nibulon has developed a mobile application—a company account where you can receive news, prices, information about the location of transport, the quality of grain in it, funds received, discounts, bonuses, etc.

According to Vadatursky, this application will be refined and transformed into an information platform in the near future.

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 and delivered record volumes 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).

After the war began, the company was forced to move its headquarters from Mykolaiv to Kyiv.

 

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IMC elevators shipped record 1.1 mln tons of grain in 2024

In 2024, the elevators of the IMC agricultural holding shipped a record volume of grain – more than 1.1 million tons, in January-June 2025, they completed the shipment of the remaining crop of 2024 and carried out preparatory work for the reception of the new harvest, the press service of the agricultural holding reported on Facebook.

The agricultural holding noted that in recent years, several projects have been implemented at IMC elevators as part of the Smart Green Strategy, in particular in the use of green energy.

“Four of IMC’s elevators have already been equipped with solar panels, and installation is underway at two more facilities, which will cover the demand for electricity from green sources for office buildings and critical infrastructure of elevators. This also contributes to the energy independence of the elevators and the continuous production process despite possible interruptions in electricity supply due to Russian shelling of Ukraine’s energy system,” IMC said.

In addition, two of IMC’s elevators and three grain drying complexes have installed heat generators that run on sunflower pellets and grain waste, which allows replacing natural gas with biofuel for the grain drying process.

“This year’s scheduled repairs at IMC’s elevators are already at the completion stage. We are currently disinfecting the production facilities. IMC elevators are ready to accept the new winter wheat harvest,” emphasized Andriy Havrylenko, Deputy CEO of IMC for Grain Storage and Processing.

IMC Agro Holding is an integrated group of companies operating in Sumy, Poltava and Chernihiv regions (north and center of Ukraine) in the crop production, elevators and warehouses segments. The land bank is 116 thousand hectares, storage capacity is 554 thousand tons, with a harvest of 864 thousand tons in 2024.

IMC ended 2024 with a net profit of $54.54 million against a net loss of $21.03 million in 2023. Revenue increased by 52% to $211.29 million, gross profit quadrupled to $109.10 million, and normalized EBITDA increased 25 times to $86.11 million.

 

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Elevator construction in Ukraine is growing despite war

In Ukraine, despite the difficult situation and general pressure on the market, the construction of new elevators and the expansion of existing capacities continues, and demand for construction is not decreasing, according to the press service of KMZ Industries (Karlivsky Machine-Building Plant, KMZ, Poltava region).

“Speaking about us, when comparing the beginning of June 2024 and 2025, the increase in orders is about 15-17%. Quite a large number of our potential customers already have design solutions, sites for construction or expansion of existing facilities, and ready estimates, but are waiting for the security situation to improve (in the northern and eastern regions) or at least for some stability,” said Alexander Nebesky, commercial director of the company.

According to him, the company currently has 173 small, medium, and large projects in the pipeline. Most of the customers are located in western Ukraine, but there are also a number of customers from the Kyiv, Cherkasy, and Kirovohrad regions.

Nebesky noted that over the past two seasons, there has been a trend toward investment in the construction of elevators by processors or farmers who want to enter the processing business. Grain storage facilities are being built for joint operation with processing enterprises, feed mills, and bioethanol plants.

At the same time, farmers continue to build their own elevator facilities. Whereas large agricultural holdings previously dominated construction, this trend is now gaining popularity among medium and small agricultural enterprises.

“The number of farmers building their own grain storage facilities is growing. This allows them to store their harvest at a more favorable price and reduce their dependence on third-party elevators. Some farmers also provide storage services to other farmers located nearby,” Nebesky concluded.

KMZ Industries is the largest manufacturer of elevator equipment in Ukraine and produces a full range of products, including silos, grain dryers, transport equipment, and separators, as well as providing automation and installation services.

According to the company, it has built more than 5,000 facilities. KMZ Industries silos with a total volume of more than 12.5 million cubic meters are currently in operation.

Elevator and dry port planned to be built in Lviv region

An elevator that will be able to store up to 30,000 tons of grain at a time, as well as a dry port, will be built in the Lviv region, according to Maksym Kozytskyi, head of the Lviv Regional Military Administration.

“This is the beginning of a large-scale project that includes hundreds of grain storage facilities throughout Ukraine, a network of dry ports, modern logistics hubs, deep processing plants, bioclusters, new export opportunities, and technological upgrades for the agricultural sector,” he wrote on his Facebook page.

A memorandum of cooperation was signed by the Lviv Regional State Administration, the Lviv Regional Council, the Belz City Council, and AgHoldCo, which, with the support of the UAF Partners investment fund, will finance 80-85% of the project’s cost. The Danish State Export Agency EIFO is also expected to contribute to the financing, thanks to which AgHoldCo intends to secure a $12 million loan for the construction of each elevator.

The contribution of the Belz community is estimated at no less than $3 million for each of the subprojects. This assistance will also include the selection and allocation of land plots, connection of the facility to engineering networks, and tax incentives.

The head of the Lviv Regional State Administration expressed confidence that the construction of the elevator and dry port in the region will provide jobs, help reduce grain transportation costs, and strengthen food security in the Lviv region. In addition, it will be easier for small and medium-sized farms to store grain.

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