Ukraine. Risoil to complete the construction of a grain terminal in Chornomorsk port

25.11.2016

Switzerland’s Risoil S.A. has declared its readiness to continue investing in the construction of a grain terminal on the premises of the Chornomorsk commercial seaport (formerly known as the Illichivsk port, near Odessa), the company’s press service said.

Reportedly, the construction of the Risoil Terminal for grain handling was started in 2014. The terminal was put into operation in March 2016 when its first two stages were launched. The investments totaled $70 Ml., informs UkrAgroConsult.

“Next is building the third and fourth stages that would embrace a second universal warehouse, a truck unloading station and a double-sided pier. The amount of investments will also be some $70 Ml,” the company said.

For information: Risoil Terminal is a stevedoring company operating on the premises of the Illichivsk(Chornomorsk) port since 2001. It handles vegoils, grains and meals and belongs to Risoil Group.

Risoil Terminal’s founder is the joint-stock company Risoil S. A. working in Ukraine since 2001 as a major and stable investor. Over the period of investment activity of Risoil Group, successful projects have been implemented in Ukraine for developing port infrastructure, production and in other fields to an amount of more than$200 Ml.

More information on grain handling capacities in ports is available in UkrAgroConsult report "Grain-handling Capacities in Ukrainian ports: Attractive for Investing".

 

UkrAgroConsult

 

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