Nibulon Lost 68% of Assets During the War, but Cleared 7.6k ha and Exported 2.3m Tons of Grain

Ukrainian agricultural holding Nibulon, founded in December 1991, has lost 68% of its assets during the full-scale war. Despite massive losses, the company continues to invest in the Ukrainian economy and is venturing into areas previously uncharacteristic of the agricultural business. This is reported by RBC-Ukraine with reference to data from the Telegraf publication. As of the end of September 2026, Nibulon remains one of Ukraine's largest grain and oilseed exporters, although a significant portion of its land bank has found itself in occupied or mined zones.

Reduction of Land Bank and Territorial Losses

By the beginning of 2022, Nibulon's land bank covered about 85,000 hectares of agricultural land located in eight regions of Ukraine. As of 2026, this figure has decreased to 73,000 hectares. At the same time, according to the company, about 30,000 hectares of the holding's land are either under occupation or mined. Thus, the area actually available for economic activity is significantly less even than the formal land bank, which creates additional constraints for the agricultural holding's production plans.

Demining as a New Agricultural Business Specialty

One of the key tasks Nibulon had to solve in wartime conditions was the demining of agricultural land. As the company notes, if market participants used to wonder why an agricultural holding was building its own fleet, now Nibulon's agrarians have had to master another atypical craft — demining. By the end of September 2026, the company reported clearing more than 7,600 hectares of farm land in the Kherson and Mykolaiv regions. The next stated task is the demining of water areas through which export routes pass, which is critically important for maintaining the logistics chains for grain supplies to external markets.

Export Activities Under Restrictions

Despite the war and the loss of territories, Nibulon maintains its position as one of Ukraine's largest exporters. In the 2024/2025 marketing year, the company exported more than 2.3 million tons of grain and oilseeds to 18 countries worldwide. This figure demonstrates the resilience of the holding's logistics infrastructure and its ability to adapt export routes to changing conditions, including the need to bypass mined sections of the Black Sea and Sea of Azov water areas.

Investments: Over $2.3 Billion in 35 Years

The company calculated that from its foundation in December 1991 to the present day, more than $2.3 billion has been invested in the development of the agricultural sector and logistics infrastructure. Of this amount, over $70 million has been invested during the full-scale war alone. According to the holding's management, these funds go, among other things, to maintaining the operability of production facilities, updating machinery, and carrying out tasks related to the demining of land and water areas. Thus, Nibulon demonstrates a model of long-term presence in the Ukrainian market, combining operational activities with capital investments even under conditions of significant asset reduction.