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, will be held in Velyki Korovyntsi village of Chudniv district of Zhytomyr region. As recently as on August 26, 2011 a solemn start of the construction of the elevator complex of “NIBULON” in Zhytomyr region was held, and today Ukraine is celebrating a new victory – putting a new modern elevator of “Teteriv” branchinto operation (Velyki Korovyntsi village of Chudniv district, Zhytomyr region). The construction was started in August and was already completed in accordance with “NIBULON’s” standards – quickly and efficiently, in November this year. This is another victory for the team of “NIBULON”! “NIBULON” fulfills its promise! Thus the new elevator of “Teteriv” branch in this season will help farmers of Zhytomyr region in storing of yield. The volume of work carried out by “NIBULON” is enormous. The elevator was built by more than 50 construction companies from all over Ukraine! The overall estimate of theelevator construction reached UAH 120 million. The construction of “NIBULON’s” elevator complex of “Teteriv” branch lasted round-the-clock, every day! In this short time (just over two months) contractors placed 9000 cubic meters of concrete and 19 400 square meters of concrete cover. 670 tons of reinforcement were used and 4752 piles were driven. 1260 tons of steel were manufactured and assembled, 9250 square meters of surfaces are sealed with metal shapes. The site landscaping is also very important for “NIBULON’s” construction! 1300 square meters of paving slabs is laid, 88 trees and 500 bushes are planted at “Teteriv” branch. “NIBULON’s” elevator very soon will be a real cultural center for the local population: both locals and foreign guests will come here with excursions! The elevator construction of “Teteriv” branch has become a landmark for “NIBULON” because it marked the recovery of the company’s investment project. This became possible due to the constructive position of regional and local authorities. According to Director General of “NIBULON”, Hero of Ukraine Oleksiy Vadaturskyy, “due to the fact that the local governors are patriotic, they patriotically solve issues to intensify the investment activity, we believe them, owing to that, we deal with investment at the local level.” Elevator complex in Velyki Korovyntsi village is a new stage of development of not only the company but also the entire economic complex of Ukraine. New elevator “Teteriv” branchis the most advanced technological facility in the region! Putting it into operation, its proximity to farmers will help them to reduce the cost of logistical component and increase the profitability of domestic production. The real benefit that farmers will receive from the new facility of “NIBULON” is an increase of profit by UAH 50 per one ton of grain. “A true patriot of Ukraine, real executive manager, Hero of Ukraine Oleksiy Vadaturskyy has come to the region. His company thinks not only about business, but (this is important), how to make good things to people”, the Head of Zhytomyr Regional State Administration Sergiy Ryzhuk saidduring the celebration of the start of construction of grain elevator. “Thanks to “NIBULON” in the region new work places will be created in the agricultural sector, which is now a real rarity.” Residents of Zhytomyr region know how “NIBULON” works firsthand: three production units – “Romanivs’ka” (Romaniv village), “Bystrits’ka” (Bystryk village) and “Chudnivs’ka” (Chudniv village) have been successfully operating in Zhytomyr region for a long time. They harvest the biggest crops in the region.There everybody has been convinced long time ago that “NIBULON” is always ready to lend its shoulder to the community! Today, the company demonstrates how serious business is to help the ordinary Ukrainians. After “NIBULON’s” arrival, Velyki Korovyntsi village came to life! Now there are workplaces, additional revenues to the budget, a railway track received a new life. Due to the funds that the local budget received from the sale of the land plot, a water supply was laid in 4 streets and 100 households now have water in their houses. Currently, at the expense of the funds a water supply is laid along other 4 streets, roof in a kindergarten is replaced. Necessary documentation is worked out and soon lighting of all the streets in the village will be conducted, roads will be repaired, replacement of the roof in the district museum will be done. Funds that were transferred to the district budget will be used to purchase ambulances. The local school received computer equipment from “NIBULON”, old windows were also replaced in the hall. The company`s investment plans in Zhytomyr region do not end at that: the company has renovated and refurbished workshop on production of sausages without any additives, enzymes and meat products of dubious origin, but only from animal products, grown by the company. “NIBULON” also intends to build own livestock complex and meat-processing shop in the region. “NIBULON” is one of a few systematically working companies. This is our 19th enterprise! By July 1, 2012, we plan to bring the volume of elevator capacities up to 2 million tons. After the completion of our investment project, Ukraine will have 2.5 million tons of advanced elevator capacities. Our goal is to stabilize the grain market in Ukraine, to achieve recognition of Ukrainian wheat on the world market!