Nibulon concluded an agreement with Oschadbank, which will allow attracting new loans to replenish working capital

The Nibulon company, a well-known grain trading and shipbuilding company, concluded an agreement with Oschadbank, which will allow it to attract new loans to replenish working capital. The total amount of investment refinancing will be $20.3 million, the company's press service reported.

On September 17, the first part of the loan program in the amount of 13 million dollars was signed. These funds will be used by "Nibulon" to restore working capital, especially after making significant investments in the construction of a new transshipment terminal on the Danube.

The "Bessarabska" branch, which began its activities in 2022, became a key route for the export of agricultural products. This became especially important in the context of the blockade of seaports of Ukraine, which complicated the logistics processes for agricultural producers.

Replenishment of working capital will give "Nibulon" the opportunity to fully implement the procurement campaign of the 2024/25 season. This, in turn, will provide the necessary support to Ukrainian farmers who are working in conditions of war and economic challenges.

Attracting loans to restore working capital will also allow "Nibulon" to strengthen its position on the market, as the company continues to develop infrastructure and investment projects in the agricultural sector.

Thus, the agreement between "Nibulon" and Oschadbank is an important step not only for the development of the company, but also for the support of Ukrainian agribusiness in the conditions of modern challenges.