Nibulon: Investments in elevator development worth $12 million

Agricultural giant Nibulon plans to invest up to $12 million in the modernization of its elevator business, including the construction of a new elevator and the reconstruction of two existing ones. This was announced by the company's CEO Andriy Vadatursky.

According to him, these investments include the construction of a new elevator at the Khmilnyk branch in Vinnytsia region, as well as the reconstruction of Vradiyivskyi and Kolosivskyi elevators in Mykolaiv region.

In addition, the company is considering upgrading its automated control system for elevator complexes. The new SCADA software solution will be based on the existing system to ensure an efficient, transparent and controlled technological process.

According to the CEO's expectations, the implementation of these innovations will allow receiving data in real time, which will lead to an increase in staff productivity and salaries.

"Nibulon is an agricultural company founded in 1991 and today is one of the largest agricultural enterprises and exporters of corn, wheat and barley in Ukraine. The company was founded by Oleksiy Vadatursky, who was tragically killed in the shelling of Mykolaiv by Russian troops on July 31, 2022.