Nibulon JV LLC, one of the largest grain market operators in Ukraine, has completed the sowing campaign of winter crops on 16.1 thou hectares, the grain trader’s press service reported on its Facebook page.
According to the report, Nibulon planted 8.6 thou hectares of winter wheat and 7.5 thou hectares of winter rapeseed. These crops are mainly concentrated in Mykolaiv region. According to the development strategy for the agricultural sector in 2024, the area under rapeseed has almost tripled, while winter wheat has decreased by 20% compared to the previous year.
The expansion of rapeseed acreage is due to the high profitability of this crop, which makes it economically attractive even in a changing climate, the agricultural holding explained.
Nibulon noted that in the 2024 season, the agricultural division of the agricultural holding had to take into account unfavorable weather conditions and adjust its work: for the second year in a row, sowing was carried out in dry soil, and the seeds were “preserved” in anticipation of favorable weather.
“In such circumstances, there are risks of provocative precipitation that causes seed germination but is insufficient for plant development and can lead to its death. Thus, we lost and had to reseed part of the rapeseed. But despite these circumstances, the vast majority of seedlings survived, developed and are going into winter in a satisfactory and good condition,” said Oleg Veselov, Director of Agricultural Production at the agricultural holding.
According to him, the situation was resolved by the company’s water-saving tillage technologies, which improved the quality and economy of crops even in conditions of drought and limited access to moisture.
Nibulon JV LLC was established in 1991. Prior to the Russian military invasion, the grain trader had 27 transshipment terminals and crop reception complexes, 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 volume of 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 due to Russia’s full-scale military invasion in 2022 exceeded $416 million.
Currently, the grain trader is operating at 32% of capacity, has created a special unit to clear agricultural land of mines, and was forced to move its headquarters from Mykolaiv to Kyiv.
In 2024, one of the largest grain market operators in Ukraine, Nibulon JV LLC, harvested 260 thsd tonnes of grain, up 100 thsd tonnes (62.5%) from a year earlier, the agricultural holding’s press service reported on Facebook.
“This season, Nibulon has positive dynamics of gross grain harvest compared to previous years. This is due to the implemented organizational changes, changes in the structure of sown areas, production technologies and a complete rethinking of the company’s agricultural sector,” explained Oleg Veselov, Director of Agricultural Production at the agricultural holding.
According to him, 14 production branches have been reorganized into four clusters, and the company has switched from traditional (plow) to lean technologies (Strip-Till, Mini-till). The structure of sown areas was completely reorganized: winter crops were moved to the southern cluster, where they have no alternative, and high-yielding corn and soybeans were moved to the central and western clusters.
“This made it possible to increase yields, use available resources more efficiently, and reduce the number of technological operations, which in turn led to a decrease in fuel consumption and a reduction in harmful emissions,” Veselov emphasized.
Nibulon noted that the agricultural machinery purchased in the 2024 season operated with 30% higher productivity and was controlled by monitoring systems. The agricultural holding was also able to integrate yield data into the Cropwise monitoring system online and respond quickly to changes, which helped to increase crop productivity.
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 one-time storage capacity 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 due to Russia’s full-scale military invasion in 2022 exceeded $416 million.
Currently, the grain trader is operating at 32% of capacity, has created a special unit to clear agricultural land of mines, and was forced to move its headquarters from Mykolaiv to Kyiv.
One of the largest grain market operators in Ukraine, JV Nibulon LLC, has built a gallery at the transshipment terminal for receiving cargo from water transport at the Mykolaiv Grain Hub, the grain trader’s press service reports on Facebook.
“From now on, Nibulon’s largest grain hub in Mykolaiv can work not only for unloading grains and oilseeds from rail to water transport, but also vice versa. The new gallery has the capacity to load one railroad car per day and, if necessary, can transship grain not only from Nibulon barges but also from Panamax vessels,” the statement said.
The agricultural holding intends to use these facilities to receive cargo from Voznesensk and Novoodessk branches after the resumption of water transportation on the route.
“This will reduce the burden on agricultural producers in terms of logistics costs, as it offers the cheapest way of transportation on the site with subsequent transshipment to wagons and transportation to the ports of Izmail and Greater Odesa,” the agricultural holding explained and invited colleagues to cooperate.
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 one-time storage capacity 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 volume of 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 due to Russia’s full-scale military invasion in 2022 exceeded $416 million.
Currently, the grain trader is operating at 32% of capacity, has created a special unit to clear agricultural land of mines, and was forced to move its headquarters from Mykolaiv to Kyiv.
Source: https://www.fixygen.ua/news/20241105/nibulon-vidkrivae-novu-galereyu-v-mikolaevi.html
One of the largest grain market operators in Ukraine, JV Nibulon LLC, has modernized two elevator complexes in Mykolaiv region, the grain trader’s press service reported on its Facebook page.
According to the report, a second transshipment line was built at the Vradiyevsky agricultural complex, which doubled the capacity and changed the scheme of acceptance and shipment. Nibulon expects that instead of 50-80 tons per hour, the complex will be able to unload 150-180 tons per hour.
In addition, the second auto-loading point at this branch was re-equipped: the size of the loading pit was significantly increased, a modern shed with roller shutters was built, transport equipment was replaced, and an automatic process control system was installed on the new equipment.
The agro-industrial complex also expanded the area of concrete roads, which gave farmers a complete route from the laboratory through the weighing room to the loaders. The improvements have significantly reduced the time for unloading grain and enabled us to work with several crops simultaneously.
At the Kolosivsky Elevator branch, the company increased the productivity of the process of unloading grain onto trucks by installing two bins with a capacity of 40 tons each. They allow for quick accumulation and shipment of grain. Four pieces of transportation equipment under the first and second truck unloaders were also replaced.
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 volume of 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 due to Russia’s full-scale military invasion in 2022 exceeded $416 million.
Currently, the grain trader is operating at 32% of capacity, has created a special unit to clear agricultural land of mines, and was forced to move its headquarters from Mykolaiv to Kyiv.
State-owned Oschadbank (Kyiv) and one of the largest grain market operators in Ukraine, JV Nibulon LLC, have agreed on a series of new loan agreements to replenish working capital, which refinance the company’s investments totaling $20.3 million, the first part of this loan program for $13 million has already been signed, the bank’s press service reports.
According to the report, Nibulon will use the funds to restore working capital after investing in the construction of a new transshipment terminal on the Danube. The Bessarabian branch began operations in 2022 and became the main route for exporting agricultural products, which was crucial in the context of the aggressor’s blockade of Ukrainian seaports in previous periods.
“The replenishment of working capital guarantees Nibulon’s ability to fully support the procurement campaign for the 2024/25 season and support the Ukrainian farmer in times of war,” the bank said, adding that after heavy losses and a difficult return to stability, the company was able to gain momentum and develop an ecosystem that will ensure sustainable food security.
“Nibulon has been a long-standing and reliable partner for us for over 6 years. It is one of the pillars of the country’s food potential, including exports. To date, the company’s total loan portfolio in Oschad is already almost UAH 2 billion. Given that Oschadbank has a high level of liquidity, we are ready to continue financial support for Nibulon in all its initiatives to restore its leadership positions in global markets lost due to the full-scale war,” said Yuriy Katsiyon, Deputy Chairman of the Board of Oschadbank in charge of corporate business, during the signing of the agreement.
The agroholding noted that the support of the real economy by state-owned banks is evidence of the government’s consistent adaptation of its policy to the conditions of a full-scale war and its real focus on helping businesses.
“We see changes. We see a targeted state policy of supporting domestic business in action. This is a direct recognition of the critical role of strategic enterprises for the further development of Ukraine and a guarantee of our successful future,” said Andriy Vadatursky, CEO of Nibulon. Andriy Vadatursky, CEO of Nibulon.
“We are grateful to Oschadbank for its systematic and consistent support of us, representatives of companies in the sector that ensures the country’s food security. At the very beginning of the full-scale war, Oschadbank provided Nibulon with additional funding for the 2022/2023 sowing campaign to prevent a food crisis that the aggressor was trying to create. In 2023, Oschadbank was one of the first to restructure Nibulon’s pre-war loan to support the company, which suffered losses due to the destruction of infrastructure during the hostilities, the blocking of sea routes from the port of Mykolaiv, and the forced reorientation to other logistics routes. And now we have new funding that we will use for the procurement campaign to support small and medium-sized agricultural producers,” said Vitalina Marchenko, Head of Nibulon’s Banking Department.
As reported earlier, Nibulon Group has more than 25 Ukrainian and foreign creditors, with the vast majority of whom have already signed restructuring agreements.
Nibulon JV LLC was established in 1991. Prior to the Russian military invasion, the grain trader had 27 transshipment terminals and crop reception complexes, capacity to store 2.25 million tons of agricultural products at a time, 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 due to Russia’s full-scale military invasion in 2022 exceeded $416 million.
Currently, the grain trader is operating at 32% of capacity, has created a special unit to clear agricultural land of mines, and has been forced to move its headquarters from Mykolaiv to Kyiv.
According to the National Bank of Ukraine (NBU), as of July 1, 2024, Oschadbank ranked 2nd (UAH 435.06 billion) in terms of total assets among 62 banks in the country. Last year, the financial institution’s net profit amounted to UAH 5.98 billion.
One of the largest operators of the Ukrainian grain market, JV Nibulon LLC, shipped the second batch of 63 thsd tonnes of wheat to Egypt under the tender of the General Authority for Supply of Goods of the Egyptian government GASC via the Danube Grain Corridor, the grain trader’s press service reported on its Facebook page.
According to the report, the grain was loaded on the EDFU vessel, owned by the Egyptian state-owned company National Navigation Company (NNC), at the anchorage PGM-2 of TTS Operator SRL (Constanza).
“Thanks to the well-coordinated and professional work of the Nibulon fleet team and our strategic partners, TTS (Transport Trade Services), the daily grain loading rate reached a record 18.2 thousand tons. This high productivity is very important, because along with a stable cargo flow, it allows us to reduce delivery costs,” said Nibulon’s Chief Logistics Officer Sergey Kalkutin, Director of Logistics at Nibulon.
He emphasized that such voyages allow the Danube Grain Corridor to compete with the ports of Greater Odesa.
In times of war and permanent danger, having a full-fledged alternative logistics channel for grain exports is not an additional option, but a vital necessity on which the world’s food security depends, Nibulon believes.
As reported, in August, Nibulon delivered the first shipment of Ukrainian grain to Egypt under the GASC.
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 one-time storage capacity 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 volume of 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 due to Russia’s full-scale military invasion in 2022 exceeded $416 million.
Currently, the grain trader is operating at 32% of capacity, has created a special unit to clear agricultural land of mines, and was forced to move its headquarters from Mykolaiv to Kyiv.
