One of the largest grain market operators in Ukraine, Nibulon JV LLC (Mykolaiv), transshipped 434 thousand tons of corn and wheat in April and returned to pre-war levels, the grain trader’s press service reported on Facebook.
“Despite the devastating damage and blockade of the Mykolaiv port, Nibulon demonstrates a recovery in exports in 2022-2024 and regains market share. This becomes possible due to the development of alternative channels through the Danube port and the effective use of the capabilities of the Black Sea ports,” the agricultural holding said.
According to the report, Nibulon exported 2.4 million tons of agricultural products in the first nine months of the 2023-2024 marketing year (MY), despite the blockade of Ukrainian Black Sea ports. Its current share through the Danube ports in the first quarter of 2024 was in the range of 20-30%. The agricultural holding forecasts annual export volumes in 2023/24 MY at 3.2-3.4 mln tons.
“So far, the work of Nibulon’s logistics infrastructure is divided between two channels. After the work of the Black Sea ports resumed thanks to the Armed Forces of Ukraine, a significant part of the grain volumes we exported through the ‘river’ was reoriented to the ‘big water’. At the same time, the Danube continues to play a key role for our exports: the share of this channel in the sales structure is 70%,” said Volodymyr Slavinsky, Nibulon’s trading director, as quoted by the press service.
The grain trader considers the achieved results to be its undisputed victory, as it works to connect Ukrainian farmers with international markets and to maintain global food security.
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 Ukraine’s largest grain market operators, Nibulon JV LLC (Mykolaiv), has received EUR12.8 million from the Export Investment Fund of Denmark (EIFO) to purchase 74 units of modern agricultural machinery, the grain trader’s press service reported on Facebook.
“We are grateful to our Danish partners who support Ukrainian business, which is now working in spite of the war, not because of it. We really need more and more such positive signals as convincing role models. This is the only way we will be able to rebuild Ukraine as soon as possible,” said Nibulon’s CFO Iryna Levkovska, CFO of Nibulon.
Peder Lundqvist, CEO of EIFO, expressed confidence that the financing will help the company increase grain yields by modernizing agricultural machinery and strengthen the company’s long-term financial position.
“At EIFO, we are proud to be able to make a small contribution to the enormous recovery work that awaits Ukraine and is now one of the most important things for its citizens. We look forward to future cooperation with Nibulon and other Ukrainian and Danish companies operating in Ukraine,” he said during the signing of the loan agreement in the Ministry of Finance’s bomb shelter during an air raid alert.
According to Nibulon, the financing was allocated as part of a social program of the Danish investment fund created to help Ukraine. Its launch was announced in May 2023 during the Ukrainian Investment Forum in Copenhagen. The program will finance projects involving the best Danish technologies and innovative solutions and will be available to both the public and private sectors.
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 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), 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.
