(MENAFN) In a bet to shift the agonizing former Soviet republic into an exporting giant, Cargill, Inc., an American major firm that trades, purchases and distributes grain and other agricultural produces, inked a crucial USD100 million investment deal in a Ukrainian grain terminal.
Additionally, it was not immediately clear when Cargill's export through the southwestern Ukrainian port would commence, but according to officials' statements; the ambitious port will have a preliminary yearly loading capacity of five million tons of grain.
The vital agreement with Ukraine's M.V. Cargo loading and unloading company comes against the escalating of foreign investor worries about conducting business in a nation struggling to eliminate corruption and fighting pro-Russian protestors in the separatist east.
Established in 1865, the Minnesota-based behemoth is now the largest privately held corporation in the United States in terms of revenue, and if it were a public company, it would rank, as of 2015, number 12 on the Fortune 500, behind McKesson and ahead of AT&T.
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