NIBULON is Showing the Good Example of the Upcoming Modern Ukraine
On January 26, 2018, the International Finance Corporation (IFC), a member of the World Bank Group, paid a working visit to NIBULON’s facilities.
In 2017, the International Finance Corporation allocated a long-term loan of up to USD 110 million to NIBULON, in particular to help strengthen agri-related infrastructure, to reduce crop losses, and to boost global food security. As part of the cooperation, in November 2017, NIBULON started to construct its complex for shipment of grain and oilseeds with the capacity of 43 thousand tons as part of the transshipment terminal in Mykolaiv. The money is also used to construct NIBULON’s fleet and to reconstruct the capacities of NIBULON shipbuilding and repair yard.
Niels K. Vestergaard, Principal Environmental Specialist of the IFC, NIBULON’s General Director Oleksiy Vadaturskyy, Deputy General Directors and the company’s leading specialists visited these facilities to make sure that NIBULON’s investment program is being implemented according to schedule and to the full.
“NIBULON is showing, what I have seen over the last years, the good example of the upcoming modern Ukraine. It’s impressive and it looks good. When I first time saw NIBULON shipbuilding and repair yard, it was honestly not in a very good condition. And what I see today is a modern and very active manufacturing process. I am glad to see the differences. And it’s impressive to see the amount of work you can do there in a very short time. NIBULON is definitely an example of a successful business in Ukraine”, said Niels K. Vestergaard.
The IFC and NIBULON have been cooperating for many years. According to Head of IFC Representative Office in Ukraine Olena Voloshyna, thanks to such companies as NIBULON, the leaders of Ukrainian agribusiness, Ukraine already takes its rightful place in addressing the problem of global food security. NIBULON has built a superefficient, very beautiful and socially responsible business. It creates new jobs and provides jobs for the thousands of farmers with which it cooperates. The company has created a business that can attract the right type of serious foreign investments that our country needs so much.