What Nibulon does

NIBULON (legal name TOV SP "NIBULON") is a 100% Ukrainian-owned, vertically integrated agricultural holding founded in 1991 by Oleksii Vadaturskyi and headquartered in Mykolaiv, Ukraine. The company operates as a full field-to-export ecosystem combining agricultural production on ~51,908 hectares (plus 22,908 hectares in occupied/mined territory) across six regions, a network of 27 elevator and transshipment complexes with 1.6 million tons of simultaneous storage capacity, an in-house multimodal logistics fleet of 83 vessels, 142 trucks, 2 locomotives, and 212 wagons, the only operational shipbuilding enterprise in Ukraine (SSZ NIBULON), and a humanitarian demining subsidiary certified across all five Ukrainian categories. The company sources grain from 4,500+ agricultural producers and 25,000+ landholders through long-term supply contracts and exports wheat, corn, barley, sunflower, soybean, rapeseed, and sorghum to 76 countries, holding the #1 grain exporter position in Ukraine for more than 20 consecutive years and serving as the sole Ukrainian-accredited supplier to the UN World Food Programme since 2008.

The business model is built around transaction-based grain trading and procurement at DAP, EXW, FCA, and FOB terms, supplemented by professional services revenue from elevator storage (66,000 tons/day throughput with drying), laboratory testing (ISO/IEC 17025:2017 and GAFTA accredited, 200 samples/day), shipbuilding (10 vessels/year, 15,000 tons metal processing), logistics, and increasingly humanitarian demining. Pricing is individualized through the proprietary NIBULON App integrated with the company's ERP system, which automates 80% of farmer interaction processes and offers cumulative bonus accumulation. The go-to-market is sales-led through direct long-term relationships, complemented by a digital self-service layer. Capital intensity is high: cumulative investment exceeds USD 2.3 billion since 1991, financed through a syndicate of international development banks (EBRD, EIB, IFC, DEG, FMO, EIFO) and operational cash flows.

Following the loss of 68% of assets during Russia's 2022 invasion and the blockade of Mykolaiv port, NIBULON has executed a turnaround centered on the new Danube River export corridor via Izmail (EUR 27M EIFO-financed), the addition of the NIBULON.DEMINING vertical, marine demining capability (EUR 7.8M DEG Impulse grant), and aggressive digitalization (NIBULON App, ESG reporting under GRI standards, NASA Harvest partnership). Leadership transitioned to founder's son Andriy Vadaturskyi in August 2022, supported by an internationalized executive team including ex-Philip Morris/Bunge CFO Ruslan Romanenko and ex-Minister of Agrarian Policy Oleksandr Pavlenko as CEO Advisor.

Name

Nibulon

Legal name

TOV SP "NIBULON" (ТОВ СП «НІБУЛОН»)

Website

https://nibulon.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Vertically integrated Ukrainian agricultural holding producing, storing, transporting, and exporting grain to 76 countries via 27 elevators, an 83-vessel fleet, and the country's only operational shipyard, sourcing from 4,500+ farmers.

Ownership category

akta.pro rank

Product category

Agricultural Commodities Trading and Export

NAICS

Other Grain Farming (11119), Wheat Farming (11114), Agricultural Implement Manufacturing (33311), Agriculture, Construction, and Mining Machinery Manufacturing (3331)

SIC

Construction, Mining & Materials Handling Machinery & Equip (3530), Special Industry Machinery, Nec (3559)

akta.pro primary industry

Grain Merchandising & Origination Facilities (AFAOAAAD)

akta.pro secondary industries

Grain & Agri-Bulk Terminals (Elevators, Silos, Feed Grains) (TLAHABAD), Yard Layout & Production Facilities (Assembly Bays, Block Fabrication Shops, Warehouses) (IMAJALAG), Precision Agriculture & Farm Technology Equipment (IMAHACAH), Grain Bin & Silo Systems (On-Farm) (AFAOABAA)

Keywords

• Grain export trading
• Agricultural commodities
• Grain storage logistics
• Shipbuilding services
• Humanitarian demining

Headquarters

HQ city

Mykolayiv

HQ country

Ukraine

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Infrastructure, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Grain Export and Trading: NIBULON purchases grain from farmers through its elevator network, processes and stores it, then exports to international markets. The company achieved record exports of 5.643 million tons/year. Exports to 75+ countries include wheat, corn, barley, sunflower, soybean, rapeseed, and sorghum.
2. Agricultural Production: NIBULON.AGRO operates 75,908 thousand hectares of agricultural land (with 22,908 thousand ha in occupied/mined areas) across 4 clusters in 6 regions of Ukraine, producing over 300,000 tons of grain and oilseeds annually. Also includes dairy farming and 'Bystrytski sausages' meat products.
3. Elevator and Storage Services: Complete cycle of storage, processing, and transshipment of grain through 27 terminal and elevator complexes with total storage capacity of 1.6 million tons and daily throughput of 66,000 tons with drying capability.
4. Logistics Services: River, rail, road, and sea transport services. Own fleet of 83 vessels including barges, tugs, and floating cranes. Also includes 142 trucks, 2 locomotives, and 212 wagons.
5. Shipbuilding: SSZ NIBULON shipyard produces up to 10 vessels per year with metal processing capacity of 15,000 tons/year. Builds self-propelled and non-self-propelled vessels, tugboats, passenger transport, and special vessels.
6. Humanitarian Demining Services: Professional demining services for agricultural land. NIBULON is the first agrocompany certified as a humanitarian demining operator with all 5 key certificates. Has returned 5,000+ hectares of agricultural land to the economy.
7. Laboratory Services: Physical-chemical, genetic, radiological, and environmental testing for grain, oilseeds, water, soil, and air. Accredited by ISO/IEC 17025:2017 and GAFTA with 200 samples/day capacity.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels6 records

Core offering

NIBULON is a vertically integrated Ukrainian agricultural holding that produces, stores, transports, and exports grain and oilseeds through its own network of 27 elevator complexes (1.6M tons capacity), a multi-modal fleet of 83 vessels, 142 trucks, and rail cars, and transshipment terminals at Mykolaiv and Izmail ports. The company also operates the only operational shipyard in Ukraine, provides ISO-accredited grain testing laboratory services, and conducts certified humanitarian demining of agricultural land.

Product overview

NIBULON is a 100% Ukrainian agricultural holding operating as an integrated ecosystem with multiple interconnected business units. The portfolio includes: NIBULON App (mobile application for farmers), NIBULON.АГРО (agricultural production), NIBULON.ЕЛЕВАТОРИ (grain elevators and transshipment terminals), NIBULON.ТОРГІВЛЯ (international trading), NIBULON.ЛОГІСТИКА (river, rail, and road transport), NIBULON Shipbuilding (ship construction and repair), NIBULON.РОЗМІНУВАННЯ (humanitarian demining), and Laboratory Services. Supporting digital infrastructure includes Supplier Account portal, NIBULON Traffic queue system, and Telegram price bot. The ecosystem is connected through NIBULON App integrated with company ERP, enabling 80% automation of farmer interactions.

Differentiator

Problem solved

Functional benefit

Brands

• NIBULON.AGRO: Frugal agricultural producer focused on Ukrainian crops
• NIBULON.TRADE
• NIBULON.ELEVATORS
• NIBULON.LOGISTICS
• NIBULON.DEMINING
• Bystrytski sausages (Бистрицькі ковбаси)
• Laboratory Services (Лабораторні послуги)

Products and services

• NIBULON.AGRO (Agricultural Production)

Quantifiable outcome

• Reduced logistics costs through river transport: 1 million trucks avoided Ukrainian roads
• +4 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Safe Pro Group Inc.coreStrategic or Co-development Partner · 26 May 2026Safe Pro Group partnered with Nibulon as part of AI-powered landmine detection efforts using SPOTD technology. Nibulon's fleet of demining equipment and operational capabilities support demining efforts in agricultural areas.
• FSD (Swiss Foundation for Mine Action)minorStrategic or Co-development Partner · 23 March 2026Nibulon and FSD signed a Memorandum of Cooperation in humanitarian demining to advance mine action efforts in Ukraine.
• NASA Harvest ProjectminorStrategic or Co-development PartnerNibulon joined NASA's Harvest project to advance satellite monitoring of sustainable farming practices in Ukraine.

Scale indicators19 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Kernel Holding: Largest Ukrainian producer and exporter of sunflower oil and grain, with integrated farmland, elevators, and export terminals. Most directly comparable Ukrainian agribusiness in scale, vertical integration, and export focus.
• MHP (Myronivsky Hliboproduct): Ukrainian vertically integrated agro-industrial company combining grain production, storage, and processing/export. Comparable in scale, vertical integration model, and reliance on international DFI financing.
• Astarta-Kyiv: Ukrainian agro-industrial holding with crop production, grain storage, sugar production, and soybean processing. Overlapping customer segments (farmers, international grain buyers) and similar land-bank-driven business model.

Broad incumbents

• ADM (Archer Daniels Midland): Global grain originator, elevator operator, and exporter with comparable trading, logistics, and processing capabilities. Overlaps directly with Nibulon's grain merchandising, river/port logistics, and origination role.
• Cargill: One of the world's largest privately held agricultural commodity traders with global origination, storage, and shipping networks. Competes with Nibulon in grain origination and international wheat/corn export markets.
• Bunge: Global agribusiness and food company with grain origination, logistics, and processing. Directly comparable in grain merchandising, port/elevator operations, and Black Sea region sourcing.
• Louis Dreyfus Company: Global merchandiser of agricultural commodities with deep presence in Black Sea grain flows. Nibulon's legal director previously worked 16 years at Louis Dreyfus Ukraine, evidencing direct competitive overlap.
• Viterra (formerly Glencore Agriculture): Global grain and oilseed merchandiser with significant origination assets in Europe and the Black Sea region. Direct competitor in Ukrainian/regional grain export flows.
• COFCO International: Global agricultural trader with large grain origination and trading business. Competes with Nibulon for international wheat and corn offtake into Asian and African markets.

Regional players

• UkrLandFarming: Large Ukrainian agro-holding focused on grain production, storage, and livestock. Comparable in domestic landbank size and elevator footprint, although with less developed export logistics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/watch?v=_6JnRvqUxoQ
• LinkedInlinkedin.com/company/nibulon

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nibulon