Vadaturskyy discussed NIBULON’s efforts to mitigate the challenges and disruptions caused by Russia’s war. These include the construction of a new terminal in Izmail to reduce the company’s exposure to the bottlenecks that continue to affect the Black Sea grain corridor.
He explained that diversification of export routes will enable Ukraine’s agricultural sector to offset the disruption caused by Russia’s invasion and ensure it plays a key role in Ukraine’s future recovery and reconstruction.
At the same time, he emphasized the need for international partners to finance the urgent capital needs of agricultural companies as well as targeted strategic investments in the sector.
“There has been significant international support for the grain corridor, but Ukraine’s agricultural sector now needs a ‘financing corridor’ to ensure we can prepare for the next agricultural season and implement strategic solutions to address the disruptions caused by the war”, Vadaturskyy said.
The EBRD’s Vice President Alain Pilloux moderated the discussion that also included contributions from Cosmin Carstea, CEO of DP World, Oleksandr Kamyshin, CEO of Ukrainian Railways, Petru Stefanut, CEO of TTS, Oleg Tofilat, CEO of Moldovan Railways, and Mathias von Tucher, Director General of ISC Danube Logistics.