NIBULON aims to regain pre-war share in Ukraine’s grain exports
NIBULON plans to restore its pre-war share in Ukraine’s grain exports at the level of 10–12%, CEO Andriy Vadaturskyi announced at the Forbes Agro conference in Kyiv.
According to him, the company is working on financial models that will allow it to repay loans in the near future.
“Of course, we have financial models that we are planning, because, as I said earlier, our goal and intention is to repay our loans. We are currently finalizing the approval of these models. We have earmarked about $60–80 million in EBITDA to gradually settle these debts,” he noted.
At the same time, the company has set itself an ambitious task of regaining its market position and restoring its pre-war share in Ukrainian grain exports, which stood at 10–12%.
“We are doing everything to, first, increase the volume of grain passing through our system, with the ambition to reclaim our pre-war export share of around 10–12%. And second, to provide more competitive services than before the war, while also generating additional income through technology and efficiency,” Vadaturskyi added.
In December 2024, PUMB granted NIBULON a general credit line of $5 million for working capital with a five-year term. This was the company’s first credit agreement with PUMB. NIBULON also signed a debt restructuring deal with the International Finance Corporation (IFC) covering an outstanding loan of $18.2 million.