Nibulon CL

active

The Project is to support organic growth of agricultural commodity trading and farming activities of Nibulon Ltd ("Nibulon" or the “Company”), a leading local trader and the largest exporter of agricultural commodities in Ukraine, and also one of the top 25 local crop producers with around 83,000 ha of land under cultivation as of January 2017.    Nibulon’s principal activities include local sourcing and trading for export of grain and oil-bearing crops, providing grain storage and trans-shipment services for third parties in Ukraine, and agricultural production of grain and oil-bearing crops. Nibulon, headquartered in Mykolayiv, Ukraine, owns and operates a network of inland and riverside grain silos, a sea-port trans-shipment terminal on the Bug River near the Black Sea (with 10.5 meters’ draft), and an open-water transfer system to load Panamax ships to their full draft requirement from barges. Since the first appraisal in 2012 Nibulon has acquired a ship building facility adjacent to its main terminal and is able to manufacture its own grain barges, push/tug boats, and open-water transfer facilities.  IFC's financing will support one of the most dynamic locally owned agricultural companies in Ukraine by strengthening the Company's capital base and financing the Company's expansion.  IFC's financing will also support a viable economic activity and create jobs in some of the poorest frontier rural regions of Ukraine (Vinnitsa, Khmelnytskyy, Zhitomyr, Sumy, Chernihiv).