Business news from Ukraine

Business news from Ukraine

“Nibulon” Increased Agricultural Exports by 32% in 2025/2026 Marketing Year

Nibulon Joint Venture LLC exported 3.15 million metric tons of agricultural products in the 2025/2026 marketing year (MY), a 32% increase from the previous season, when exports totaled 2.39 million metric tons, the company’s press service reported.

As noted in the statement, the company’s share of grain exports rose to 7% from 5.1% a year earlier.

The company attributes this growth to expanded cooperation with agricultural producers, updated trading approaches, an expanded export footprint, and a strengthened international trade presence.

According to the company, it currently works with approximately 4,000 agricultural producers and exports Ukrainian agricultural products to 26 countries worldwide.

Before the war, Nibulon Joint Venture LLC cultivated 82,000 hectares of land across 12 regions of Ukraine and exported agricultural products to more than 70 countries worldwide. In 2021, the grain trader exported 5.64 million metric tons of agricultural products—the highest volume in its history. After the war began, the company was forced to relocate its headquarters from Mykolaiv to Kyiv. In addition to 23 grain elevator complexes,

“Nibulon” has its own trucking and rail transport capabilities, as well as a fleet built at its own shipyard. During wartime, this fleet continues to provide river transportation services.

The company is also actively developing its own humanitarian demining unit to restore safety on leased lands and assist Ukraine’s agricultural sector. Nibulon is a certified mine action operator.

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Ukrainian barley exports in 2025/2026 marketing year totaled 1.52 mln metric tons

Ukraine exported 1.52 million metric tons of barley in the 2025/2026 marketing year, according to the Ukrainian Grain Association.

China was the leading importer of Ukrainian barley, with 487,000 metric tons. Turkey imported 297,000 metric tons, Libya—230,000 metric tons, Saudi Arabia—121,000 metric tons, and Lebanon—115,000 metric tons.

According to the UGA, total exports of grains and oilseeds for the season fell to 41.1 million metric tons from 46.7 million metric tons a year earlier.

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Ukraine Exported 21 Mln Metric Tons of Corn in 2025/2026 Marketing Year

Ukraine exported 21 million metric tons of corn during the 2025/2026 marketing year, according to the Ukrainian Grain Association.

Turkey was the largest buyer of Ukrainian corn, purchasing 6.5 million metric tons. It was followed by Italy (3.8 million metric tons), Spain (1.9 million metric tons), the Netherlands (1.7 million metric tons), and Israel (934,000 metric tons).

Total exports of grains and oilseeds from Ukraine in the 2025/2026 marketing year amounted to 41.1 million metric tons, which is 12% less than in the previous season.

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Ukraine Exported Nearly 14 Mln Metric Tons of Wheat in 2025/2026 Marketing Year

Ukraine exported nearly 14 million metric tons of wheat in the 2025/2026 marketing year, according to the Ukrainian Grain Association (UGA).

The main export markets for Ukrainian wheat were Egypt (3.9 million metric tons), Algeria (2.8 million metric tons), Indonesia (2.1 million metric tons), Yemen (1 million metric tons), and Spain (678,000 metric tons).

According to the association, the decline in total exports of grains and oilseeds during the season was due to a lower harvest, the introduction of quotas on Ukrainian wheat imports into the European Union, and logistical difficulties caused by Russian shelling of energy and transportation infrastructure, particularly ports and maritime grain terminals.

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“Kernel” Received Over 1 Mln Metric Tons of Grain from Third-Party Farmers for First Time

The Kernel agricultural holding’s elevator network, in fiscal year 2026 (FY, July 2025–June 2026) accepted more than 1 million metric tons of grain from third-party agricultural producers for the first time following the implementation of a new business model, under which the company opened its elevators for commercial storage and logistics services, the holding’s press service reported.

“Thanks to a shift in our approach to partnerships and our willingness to share our infrastructure, we were able to attract record volumes of grain,” the press service quoted Serhiy Shcherban, head of Kernel’s storage department, as saying.

According to him, competing in this market requires not just available storage space, but a guarantee of prompt acceptance, legally sound terms, and predictable logistics.

According to Kernel’s report for the first nine months of 2026 FR, the volume of grain and oilseeds accepted into the elevator network increased by 50% compared to the same period in the 2025 fiscal year—reaching 4.02 million metric tons. This includes 2.29 million metric tons accepted in January–March of this year, compared to just 0.09 million metric tons in January–March of last year.

According to the 2025F report, Kernel owns Ukraine’s largest private network of grain storage facilities, with a one-time storage capacity of 2.2 million metric tons.

The company explained that previously, the elevator network primarily served the holding’s own needs, but now it also works with independent agricultural producers. To this end, the agricultural holding revised its pricing policy, expanded its range of services, and introduced digital monitoring of grain movement—from electronic queuing to receipt and shipment.

In addition, Shcherban assured that during the current season, the company will pass on to third-party clients only the increase in electricity costs, while Kernel will cover all other additional operating expenses itself.

The Kernel agricultural holding is the world’s largest producer and exporter of sunflower oil, Ukraine’s largest grain exporter, the operator of an extensive network of logistics assets, and a leading producer of grains and oilseeds in Ukraine. It is one of the largest producers and sellers of bottled oil in Ukraine. It is engaged in the cultivation and sale of agricultural products.

According to results for the first nine months of fiscal year 2026 (July 2025–March 2026), Kernel’s net profit decreased by 5% to $208 million, while its revenue increased by 0.4% to $3.092 billion, and EBITDA rose by 1% to $403 million.

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“Lubnimash” to Invest $2 Mln in New Production Complex

“Lubnymash” (Poltava Oblast), a manufacturer of grain elevators and related equipment, has begun construction of a 6,000-square-meter production complex, which will allow it to nearly double its total storage capacity to over 1 million metric tons of grain per year, said Dmytro Kysilevsky, deputy chairman of the Verkhovna Rada Committee on Economic Development.

“The new site will produce large-capacity silos—up to 50,000 cubic meters. Investment in the new project totals $2 million,” he wrote on Facebook on Thursday, adding that the plant in Lubny currently produces silos with a total storage capacity of up to 600,000 metric tons of grain annually.

Kisilevsky noted that the company secured additional investment resources through its participation in a program that reimburses 25% of the cost of Ukrainian agricultural machinery products.

According to the MP, in 2025, the “Lubnymash” plant produced grain storage facilities, silos, and grain bunkers worth over 1 billion hryvnias. The products are exported to European Union markets, and the African market holds great promise for the Ukrainian manufacturer.

The company employs 420 people.

Kysilevsky noted that the program to compensate farmers for 25% of the cost of Ukrainian agricultural machinery—part of the “Made in Ukraine” policy to support Ukrainian manufacturers—was in effect from 2017 to 2022 and was subsequently reinstated starting in 2024.

The 2026 state budget allocates 1.8 billion hryvnias for this program.

According to information on its website, “Lubnymash” is one of the leading companies in the design and manufacture of equipment for grain and grain products. It produces metal silos, grain dryers, conveyors, bucket elevators, and metal structures.

According to data from YouControl, in January–March of this year, the plant increased its net profit 3.3-fold compared to the same period in 2025—to 13.2 million UAH—as net revenue grew 3.4-fold to 288.4 million UAH.

Volodymyr Kudryk owns 100% of the authorized capital of Lubnymash.

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