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Kernel says $20-mln needed to restore grain storages after Russian attacks
Journal Staff Report

KYIV, Aug 21 – The current preliminary estimate of the necessary capital expenditure (CapEx) for the Kernel agricultural holding to repair and restore equipment that was damaged or destroyed during the recent attacks is at least $20 million, according to its announcement on the Warsaw Stock Exchange on Saturday night.

"In some cases, the repair process is predicted to take up to 12 months, highlighting the significant amount of recovery required. At the same time, the estimated market value of goods lost in these attacks is approximately $12 million," one of the world's largest manufacturers of sunflower oil notes.




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  30.09.2024 prev
USD 41.17 41.21
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