Oschadbank provided "Kernel" a loan of $77 million for the upgrade of the technopark and the repair of the grain terminal in Chornomorsk.

Oschadbank has entered into a series of credit agreements with the enterprises that are part of the Kernel group of companies, one of the largest agricultural holdings, for a total amount of $77 million, the bank's press service reported, writes Interfax Ukraine. According to the announcement, almost half of the credit volume can be directed by Kernel for investment needs: these are non-renewable credit lines totaling $36.7 million, opened for a period of 7 years. Their purpose is to update the fleet of agricultural machinery and equipment to ensure uninterrupted processing of agricultural land, as well as to finance/refinance capital expenditures related to the reconstruction of the Transbalkterminal grain terminal in Chornomorsk, which belongs to the agricultural holding. "This is the second-largest grain terminal in the country. It was damaged as a result of a Russian missile attack in 2023. The company is carrying out work to restore and increase the productivity of the ...