Ukraine. EBRD can finance expansion of Nibulon’s terminal in Nikolayev

21.11.2017

On December 13, 2017, the European Bank for Reconstruction and Development (EBRD) will consider the issue of the credit for USD 40 million to the company “Nibulon”. According to the EBRD, the loan is aimed at expanding and modernizing the grain logistic infrastructure of “Nibulon” during 2018-2019, including construction of river terminals, a crane for transshipment, a river fleet and the expansion of Nikolayev terminal, reports UkrAgroConsult.

According to the report, the project will support the “Nibulon's” strategy aimed mainly at expanding and optimizing logistics facilities to increase the volume of grain trade, reduce the share of road and rail transport, which will lead to the rise in profitability, efficiency and reduction of environmental impact. According to the press service, the EBRD can increase the amount of financing to USD 50 million. The total cost of the company's project is about USD 140 million.

 

UkrAgroConsult

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