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Swiss Risoil S.A. will give $ 70m to finish building of grain terminal in Ukraine's Chornomorsk sea trade port

Swiss Risoil S.A. will give $ 70m to finish building of grain terminal in Ukraine's Chornomorsk sea trade portSwiss company Risoil S.A. will invest about $70 million in the completion of construction of a grain terminal in the territory of the Chornomorsk sea trade port in Odesa region.

The information is posted on the company’s Facebook page.

"The investments in the amount of about $70 million will be used to complete the construction of the third and the fourth stage of the grain terminal, which will include the all-purpose warehouse, automated offloading station, and two-sided pier," the statement reads.

The construction of the terminal was launched in 2014. The first two stages were commissioned in March of this year. A total of $70 million in investments has been attracted to the project.
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