One of the largest grain market operators in Ukraine, Nibulon JV LLC (Mykolaiv), has started the 2024 spring crops sowing campaign, for which it will allocate 38 thou hectares, up 35.7% year-on-year, the grain trader’s press service reported on Facebook.
According to the report, the agricultural division of Nibulon has made adjustments to the structure of the sown areas. Thus, in the 2024 season, the corn and soybean planting areas will be increased, while the sunflower planting areas will be reduced.
“This is due to the price expectations of this year’s grain consignments and the forecast of a better economic result. In total, the company purchased 3,000 sowing units of sunflower, 22,000 of corn, plans to purchase 40 tons of soybeans, and has laid and prepared 500 tons of soybean seeds of its own production for sowing,” Nibulon said.
Due to weather conditions, the sowing campaign has already started in four Nibulon clusters and is underway in Mykolaiv, Cherkasy, Vinnytsia, Khmelnytsky and Zhytomyr regions. Given favorable conditions, the company’s farmers expect to finish sowing by mid-May at the rate of 2.0 thousand hectares per day.
Oleg Veselov, Nibulon’s Director of Agricultural Production, noted that there are currently no risks for the 2024 harvest. The company expects the gross harvest of spring crops to be 200 thou tons of corn, 15 thou tons of soybeans, and 25 thou tons of sunflower.
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 (Mykolaiv), has put up for auction a full-cycle property complex in Zhytomyr region, the grain trader’s website reports.
According to the report, the property includes a pig farm and a meat processing plant in the village of Bystryk.
Among the advantages of the business sold by the grain trader are a favorable location in the central part of Ukraine near the capital on an area of 11 hectares, working equipment in satisfactory condition, the availability of personnel consisting of local residents, stable demand for pork and its products in the domestic and foreign markets, its own trademark “Bystrytska”, project and design developments.
The auction will run until April 20.
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.
One of Ukraine’s largest grain market operators, Nibulon JV LLC (Mykolaiv), has been certified and granted the right to conduct humanitarian demining in the areas of Technical Survey, Manual Demining and War Zone Clearance, the grain trader’s press service reports.
“These certificates allow Nibulon sappers to carry out demining of Ukrainian land. At the same time, we continue to be certified in the process of “demining with the use of machines and mechanisms” to start clearing the land with the help of GCS-200 demining machines, obtained with the assistance of the German development bank DEG Impulse gGmbH, a subsidiary of DEG,” the agricultural holding said in a statement.
According to the report, Nibulon’s specialists have undergone a multi-level certification procedure at the Mine Action Center (MAC) under the Ministry of Defense of Ukraine. During the visit, representatives of the MAC checked the compliance of Nibulon sappers with the national legislation regarding the availability of the necessary documentation, equipment, including the equipment of an emergency medical vehicle, compliance with mine action processes and the competence of specialists.
“This is a very important moment for us, as certification required significant efforts from the entire team. Now, thanks to the hard work and help of our partners, Nibulon is ready to provide demining services to everyone at cost,” said Maksym Sovetkin, Head of Nibulon’s demining department.
At the same time, he noted that farmers are not ready to pay for demining services. Mr. Sovetkin pointed out the need for the government to enlist the support of donors and develop a transparent mechanism for compensating commercial players from the state to help farmers resume cultivating land and, accordingly, supply grain to world markets.
JV Nibulon 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 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, Nibulon JV LLC (Mykolaiv), will change its elevator management model to optimize resource use and create an effective management system, the agricultural holding’s press service reported on Facebook.
According to the report, in 2024, Nibulon’s 22 elevators will be organized into six groups:
– Mykolaiv: the largest group, which includes the Transshipment Terminal, Kolosivsky Elevator, Vradiyivsky Elevator, Novoodesskyi and Voznesenskyi branches;
– Kremenchuk: Kremenchuk, Globinsk and Hradyzk branches;
– Poltava region: Romodan, Reshetylivka, Skorokhodiv, and Maryanivka branches;
– Cherkasy: Zolotonosha, Pereyaslav, Vitove branches;
– Zakhidna: currently unites the Teteriv, Smotrych, and Denikhiv branches, and will be joined by Khmilnyk after the expansion of storage capacity and installation of a dryer scheduled for fall 2024;
– Zaporizhzhia-Dnipro: Ternivska, Khortytsia and Zelenodolska branches.
The only branch that will continue to operate independently is Bessarabian, as it is located at a great distance from all other elevator groups and is focused on grain transshipment rather than storage and processing.
Each group will now have a unified administration, which will include a director, chief accountant and technical staff: chief engineer and chief power engineer. It will also be serviced by a service team responsible for scheduled and overhaul repairs at branches.
Each group of elevators will be assigned a shift team consisting of grain handling operators and other specialists who will assist the branches during the busiest periods of operation.
The department plans to automate all elevators, equip them with sensors that will record the equipment’s service life and automatically transfer this data to a single service center. The center will be staffed by dispatchers who will be responsible for monitoring the operation of all elevators’ equipment.
“As a result, we expect to increase the efficiency of the elevator business through optimization and automation, reduce the cost of services through the rational use of resources and increase salaries for branch teams by 30-40%,” Nibulon summarized.
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.
State-owned Ukreximbank (Kyiv) and one of the largest grain market operators in Ukraine, JV Nibulon LLC (Mykolaiv), signed agreements on long-term debt restructuring of the company’s financial obligations in late January, the press service of the financial institution reported on Tuesday.
“Thanks to this, the parties ensured, on the one hand, a working asset and the return of funds to the state bank, and, on the other hand, an acceptable level of financial burden for one of the market leaders, which makes it possible for it to function successfully,” the state bank’s website reports.
Andriy Vadatursky, CEO of the agricultural holding, noted that Ukreximbank is the company’s largest creditor, and cooperation with the bank started 27 years ago.
In particular, he recalled that earlier, thanks to the support of Ukreximbank, Nibulon managed to build a sea transshipment terminal in Mykolaiv, and in 2013-2014 the company’s largest loan portfolio to the bank was recorded at $165 million, which, according to him, “characterizes the level of cooperation and mutual understanding that we have achieved in previous years and confirmed now during the restructuring.”
“I am convinced that now we should not wait for help from abroad, we should look for support and understanding on our territory. We have found this support in our Ukrainian banks, which are the embodiment of government policy,” Vadatursky stated.
JV Nibulon 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.
According to the National Bank of Ukraine, as of November 1, 2023, Ukreximbank ranked 3rd (UAH 255.01 billion) among 63 banks operating in the country in terms of total assets.
One of the largest grain market operators in Ukraine, Nibulon JV LLC (Mykolaiv), has purchased 76 Scania R450 Euro 5 tractors and 64 semi-trailers from the Belgian manufacturer STAS as part of its strategy to develop its logistics business, the grain trader’s press service reported on Facebook.
According to Nibulon, the first batch of purchases amounts to 30 sets, of which five have already entered Ukrainian roads.
The company explained that due to the reorientation of logistics chains in the war, Nibulon is forced to use combined routes, including the transportation of grain by truck. The company uses such routes in its southern branches, in particular, in Voznesenskiy and Novoodesskiy river terminals, as well as from the terminal in Mykolaiv, which currently serves as a dry port, to Bessarabskiy.
To minimize the load on the roads and environmental impact, agricultural products from all water elevators located along the Dnipro River and blocked due to the explosion of the Kakhovka hydroelectric power station are transported by road to the elevators for rail shipment.
To reduce the weight of the road train and increase the payload, 30 of the 64 semi-trailers are all aluminum, including the frame. All tractors are equipped with 13-liter economical engines with an output of 450 hp and a torque of 2350 Nm and a Scania Opticruise automatic transmission.
In addition, for safe driving, an AEB emergency braking system, headlights and LED fog lights are installed. 7 units of equipment are used in the ADR FL configuration, which will be used for fuel transportation.
“Thanks to a diversified transport system that includes road, rail and water transport, Nibulon has managed to build new supply chains, reduce the cost of our logistics and thus increase the purchase prices for farmers,” says Sergiy Kalkutin, Logistics Director.
According to him, in 2024, the logistics department plans to completely renew the truck fleet of the freight transport service. In particular, trucks from Scania Ukraine will be an effective enhancement of the business, Nibulon believes.
At the conclusion of the agreement, Håkan Jyde, CEO of Scania Ukraine, noted that the company is proud to partner with Nibulon.
“We are pleased to be involved in the realization of an important goal – to ensure food exports in the interests of the Ukrainian economy and global food security,” said Håkan Jyde. – “We facilitate the work of the exporter and provide financial instruments to reduce the burden on business. Thus, the entire contract was financed on lease by Scania Credit Ukraine and insured with hull insurance. All trucks are also connected to the Scania FMS fleet monitoring system. “We are currently offering Nibulon the wide range of services and driver training offered by Scania Ukraine, as it is in our common interest to improve the performance of our vehicles,” said the head of Scania Ukraine.
“Nibulon expressed gratitude to Scania Ukraine and Scania Credit Ukraine for their long-term cooperation and support in the implementation of the truck fleet renewal project.
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 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.
