Captal Times Investment Company acted as an exclusive financial advisor to the OREXIM Group of Companies in signing the partnership agreement with the South Korean POSCO DAEWOO Corporation on the joint development and management of the grain terminal at the premises of Mykolaiv Milling Works.
According to the agreement, POSCO DAEWOO Corporation became the new partner of the Group in the development of a grain terminal at Mykolayiv Sea Port. New grain terminal with the storage capacity of over 140 thousand tones will be completed and commissioned by the start of the next marketing year in July 2019.
As a result of the deal, POSCO DAEWOO Corporation will become the owner of 75% share in the grain terminal, with the rest of the ownership to be retained by the Group.
The agreement between the parties once again highlights the leading role of Ukraine in the global agriculture market and its high investment potential.