Nibulon owner talks Mykolaiv port, competition and IT solutions in agriculture
Well-established logistics has always been the magic that has made Nibulon profitable and given the company the strength to expand across Ukraine. That's why, by 2022, a river fleet was being built in addition to the elevator network, and a powerful port infrastructure appeared on the Dnipro and then the Southern Buh, all of which technologically resembled a powerful export-oriented grain pump.
The war destroyed this system, and its founder, Oleksiy Vadaturskyy, was killed. In 2022, the "pump" turned into a bunch of individual elements, some of which were damaged or even destroyed, while the rest worked at half capacity. Now, two years later, Nibulon is once again one of the leading exporters of Ukrainian grain. In an interview with LIGA.net, Andriy Vadaturskyy, owner and CEO of Nibulon, shared what was done to get the grain pump working again.
LIGA.net: As soon as the war broke out, Nibulon's expenses for grain exports increased tenfold. But now Nibulon has reduced its logistics costs by three times. What has been done to achieve this?