November 15, 2011 the solemn opening of “Teteriv” branch, which is a new modern elevator complex of “NIBULON” for the shipment of grain and oilseeds, was held in Velyki Korovyntsi village of Chudniv district of Zhytomyr region. The opening of the elevator was a milestone event for “NIBULON” because it marked the recovery of the company’s investment project. The Head of Zhytomyr Regional State Administration Sergiy Ryzhuk personally congratulated the team of “NIBULON” and residents of Chudniv district with the brilliant labor victory: “It`s very symbolic that the construction of the facility was started immediately after the Independence Day of Ukraine – August 26. During these 80 days “NIBULON” spent UAH 192 million of private investment capital for the construction. Today we see that our country is being built, Zhytomyr is being built, Chudniv is being built! All of us are directly involved in the implementation of very first task of the President of the State: to become one of the best countries first of all by means of investment potential development. That is happening now.” “It`s not just an elevator, that is the door, which opens opportunities for system development of the whole agricultural production. After all, if there is not any place where to store, production will stop, considering that crops will perish. Because in primitive conditions cracks, fungus will appear on corn, but with such quality of grain we can not go to the world market. Thanks to the elevator you get high quality grain, and if there is a quality then there is a market, and we can sell it not at half-price, but for full value. If there is a good price, then the budget is filled and there is money for social sphere. That is how important is the role of the new modern elevator.” Sergiy Ryzhuk noted that today agricultural producers of Zhytomyr region have the place where to store crops, because the newly built elevator will start receiving grain in a week. Today, the regional authorities negotiate with the management of “NIBULON” about the development of other agricultural branch – the creation of powerful cattle farms. “Elevator complex in Velyki Korovyntsi village is important not only for agricultural development and agricultural sector of economy, but also for the local social infrastructure: people receive water supply system, gas, lighting, electricity, repair of school, recreation center, roads, additional local and district budgets revenues, ” Sergiy Ryzhuk said. “We did not expect that in 80 days “NIBULON” would build a great elevator complex in Chudniv district! It is important that enterprises not only from the district will be served here, but also from the entire region, on the part of the regional authorities the Head of Zhytomyr Regional Council Yosyp Zapalovs’kyy expressed his gratitude. “For its part the regional government will do everything for “NIBULON” to work in Zhytomyr region comfortably and your business to become prosperous.” General Director of the Ukrainian Agrarian Confederation Sergiy Stoyanov expressed his admiration from the rates of “NIBULON’s” construction: “It’s not the first time when I’m present at the opening of the elevator complex of “NIBULON” and each time I’m amazed by the fairy-tale that Oleksiy Vadaturskyy creates. What will Chudniv district and Zhytomyr region get from “NIBULON’s” elevator? This is, above all, the best world-class service and favorable price for farmers. “NIBULON” is a unique company for Ukraine, which has established a consolidated network that can efficiently manage the flow of grain for the benefit of agrarian complex of the country. We can conclude without a doubt that “NIBULON” is a leader of grain market in Ukraine. In addition, it is a cross of our country to be the breadbasket of the world. This is a very honorable mission. Today “NIBULON” is on the march, “NIBULON” is building, and it is a guarantee that we will become the world leaders in the grain market!” “The construction of such a facility in the short term is a unique case not only for Ukraine but also for the whole world practice”, the President of the Ukrainian Grain Association Volodymyr Klymenko said. “This indicates that all departments of “NIBULON” work absolutely as a team as a Swiss watch. I am convinced that if “NIBULON” had been tasked to build a facility for “EURO 2012″, the construction would have been completed 2 years ago.” During his speech, Volodymyr Klymenko emphasized the urgency of building elevator industry in our country, “In the next 7-10 years the world expects Ukraine to harvest 80 million tons. Experts say that for their storage it is necessary to build 16 million tons of storage capacities. That is why “NIBULON’s” activity is extremely important for our state and development of agricultural sector in general!” The head of Chudniv District State Administration Maksym Samchyk, the head of Chudniv District Council Valeriy Kopchyk and the head of village Larysa Pashchenko joined to the words of gratitude to “NIBULON” for significant contribution to the development of infrastructure of the village and Chudniv district. In particular, Maksym Samchyk noted that cooperation with “NIBULON” has already brought the first good results to the district: Chudniv district has one of the best in the region index of local budget income growth rate. In turn, Oleksiy Vadaturskyy thanked Sergiy Ryzhuk for the creating all necessary conditions for investment, and noted that for its part “NIBULON” as a partner did not let regional authorities down, “We implemented our investment project in tight schedule, despite the fact that the equipment installed was delivered from the United States, Denmark, Belgium and other countries.” In particular Oleksiy Vadaturskyy thanked all construction companies that worked at the facility and fulfilled all the work qualitatively in time limit. “Today we gave an opportunity for everyone to believe that it is possible to invest in our country. Our cooperation is an example of the fact of how necessary it is to build not in words but in deeds, attract investments and all together create the investment climate!” added Oleksiy Vadaturskyy. “Teteriv” branch is the first elevator of “NIBULON” in Zhytomyr region and the 19th facility of the company in Ukraine. The construction of the enterprise was started just during the holidays of the 20th anniversary of Ukraine`s independence and was finished on the eve of the 20th anniversary of “NIBULON”. Altogether “NIBULON” will put into operation 20 elevator complexes to its 20th anniversary! Such a gift in its birthday “NIBULON” will make for the agricultural sector of Ukraine. “We have serious plans as to further development of our company, so we will continue to do everything possible to make Ukraine develop and become a true leader in the global agricultural market supply of food grain,” Oleksiy Vadaturskyy said.