Nibulon

Nibulon (Ukrainian: Нібулон) is a Ukrainian agricultural company specializing in production and export of grains such as wheat, barley and corn. It is headquartered in Mykolaiv.[3] It is the only agricultural company in Ukraine with its own fleet and shipyard.[4]

Nibulon
TypePrivate
Industryagriculture
Founded1991
HeadquartersMykolaiv, Ukraine
Key people
Oleksiy Vadaturskyi (founder)[1]
Number of employees
~4,000 (2018)[2]
Websitewww.nibulon.com
The Nibulon Grain Elevators in the Port of Mykolaiv

In 1991 the joint venture of the Mykolaiv businessman Oleksiy Vadaturskyi, the Hungarian and British firms (KOMBISEED KFT and Meridian Commodities Ltd) is created. The name of the company was formed after the first letters of the cities where the co-founders came from: Mykolaiv - Budapest - London.[5]

In 1998, the agricultural holding for the first time received a direct loan of $ 5 million from the International Bank for Reconstruction and Development (IBRD), becoming the first Ukrainian farmer to receive such financing. The funds were used to expand exports.[5]

Attracting a foreign loan gave impetus to the development of the company. A 15 December 2004, World Bank report (IBRD, one of its divisions) stated that each dollar invested in a NIBULON credit line generated $ 4–5.[6]

Nibulon plans to increase the volume of river freight to 1 million tons.[7]

In 2017 the company announced that it expands its logistical capabilities after acquiring 60 new tractors.[8]

In 2018 it was announced that the company is involved in a construction project of new deep water seaport in Kherson Oblast, Dnieper-Buh Estuary.[9]

In 2022 AP News reported that Oleksiy Vadaturskyi and his wife were killed as a result of a Russian rocket hitting their home.[10]

See also

References
  1. "Power structure Nibulon". Ukrainian agribusiness company. 6 July 2023. Retrieved 21 August 2023.
  2. "Кому мы отдаем свое время. Рейтинг лучших работодателей Украины". focus.ua. 5 December 2018. Retrieved 31 July 2022.
  3. Company Overview of NIBULON Ltd. Bloomberg News
  4. Maria Bakushinskaya (15 February 2017). "Off-shore secrets of "Nibulon" (Офшорные тайны «Нибулона»)". golos.ua (in Russian).
  5. "НИБУЛОН — 25 лет в проектном измерении". latifundist.com. 5 December 2016. Retrieved 13 January 2022.
  6. "Implementation completion report (TF-21274 SCL-41070 SCL-41071) on a loan / credit / grant in the amount of US$60 million and DM15 million to the Ukraine for an export development project". documents.worldbank.orgaccessdate=31 July 2022.
  7. "Нибулон переходит на речные перевозки". minprom.ua (in Russian). 13 June 2016. Retrieved 13 June 2016.
  8. "Nibulon creates the most modern motor pool in Ukraine and radically decreases load on the roads ("Нібулон" формує найсучасніший в Україні автопарк і кардинально знижує навантаження на дороги)". lb.ua. 19 July 2017.
  9. "The new port in Kherson region: about first steps before construction were told at the Regional State Administration (Новий порт на Херсонщині: про перші кроки перед будівництвом розповіли в ОДА)". /www.ukrinform.ua. 5 December 2018.
  10. Blann, Susie (31 July 2022). "Drone explosion hits Russia's Black Sea Fleet headquarters". AP News. It "was not an accident, but a well-thought-out and organized premeditated murder. Vadatursky was one of the largest farmers in the country, a key person in the region and a major employer. That the exact hit of a rocket was not just in a house, but in a specific wing, the bedroom, leaves no doubt about aiming and adjusting the strike," [presidential adviser Mykhailo Podolyak] said.


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