Nibulon plans to reach pre-war share in grain exports

Agroholding Nibulon plans to restore its pre-war share in total grain exports from Ukraine to 10-12%.

This was stated by the company’s CEO Andriy Vadatursky on Forbes Agro, Latifundist reports.

According to him, the company is working on financial models that will allow it to repay its debts in the near future. The agroholding has set aside $60-80 million in EBITDA to repay these loans over time.

“We are doing everything in order to, first, increase the amount of grain that passes through our system, and we have the ambition to return our pre-war share of exports, which was about 10-12%. And, second, to provide more competitive services than before the war, and at the same time earn money through the introduction of technologies and efficiency,” Vadatursky added.

Earlier, USM reported that CASPIT and Nibulon signed an indefinite contract.