It may take up to two years to restore the “Transbalk Terminal” after the Russian attack
It may take up to two years to restore the port “Transbalk Terminal” of the Kernel agricultural holding, which suffered from the Russian attack.
It may take up to two years to restore the port “Transbalk Terminal” of the Kernel agricultural holding, which suffered from the Russian attack.
The Kernel export terminal increased the volume of transshipment of agricultural products in the second quarter of the 2024 fiscal year.
The Kernel company has become one of the largest taxpayers in the country.
The value of the shares of the agricultural holding “Kernel” increased by 3% over the past week. The capitalization of the agricultural company is almost $700 million.
Currently, two Kernel vessels export Ukrainian products, while the company is already working on increasing the fleet.
By the end of December 2023, Agroholding “Kernel” plans to complete the agreement on the acquisition of 100% of the shares of “Reni-Oil” LLC. Also in 2023, the company acquired assets in the port of Chornomorsk.
Agroholding “Kernel” will not pay dividends for the 2023 fiscal year.
The exclusion of the “Kernel” agricultural holding from the Warsaw Stock Exchange has been extended until 2024.
Most of the mineral fertilizers will be sent to Ukraine, the rest of the cargo is destined for Poland and the Baltic countries.
Kernel invested in the acquisition of logistics assets in the ports of Chornomorsk and Reni to increase the sustainability of the oilseed processing business.
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