According to the European Bank for Reconstruction and Development (EBRD), the bank is providing a €9.6 million loan to the Ukrainian agricultural company Agrosem to expand the railway terminal near the border with Poland and build a grain handling and container complex.
It is noted that the EBRD loan is accompanied by an investment grant of €1.5 million from the United States, as well as the company's own financing of €2.6 million.
One of the problems hindering the export of products from Ukraine to Europe by rail is the difference in the width of the tracks. To address this issue, the first stage of the project, which was completed in November last year, includes an automated complex for the direct transshipment of grain from broad-gauge to narrow-gauge wagons.
At the second stage, it is planned to build an elevator complex with a capacity of 22 thousand tons and expand the railway track infrastructure.
According to the project, the grain complex will have a throughput capacity of more than 400 thousand tons per year and should be completed by the end of 2024. The container complex is planned to be built at the existing railway terminal in the same time frame.
Agrosem, founded in 2007, is one of the top five distributors of fertilizers and agricultural machinery in Ukraine. The company is also engaged in the cultivation and trading of agricultural crops and has its own railway terminal in the Lviv region.