NIBULON Izmail terminal to ship around 300 thou. t of grain to Europe monthly

NIBULON CEO Andriy Vadaturskiy is taking the floor at a business forum in Berlin, Germany. 24 October 2022
Photo by: Facebook

The NIBULON terminal in Izmail will supply up to 300 thou. t of grain per month to the European market, NIBULON CEO Andriy Vadaturskiy announced at the 5th German-Ukrainian Business Forum: Rebuild Ukraine 2022 held in Belin on 24 October.

To demonstrate how NIBULON contributes to the development of new transport routes, Andriy Vadaturskiy referred to the Danube grain terminal in Izmail, Odesa region. The company started the construction of this terminal in June of this year. The first phase was completed in September.

In the future, it will play a particularly important role in providing liquidity to Ukrainian farmers beyond the interim 'grain deal' brokered by the UN on grain exports from the ports of Big Odesa.

In the short term, Ukrainian private companies desperately need support to help them survive the war, he said. This support should include increased access to finance, technology and equipment, as well as improved export logistics.

Previously reported that an international advisory board was appointed at NIBULON to shape the company's strategy for the next phase of its development.

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