Nibulon tops the list of VAT refund recipients in Ukraine

09 February 2021

Nibulon, a Ukraine-based agroholding, headed the January 2021 list of VAT refund recipients among the agri-food companies in Ukraine. In particular, Nibulon received $40,7 million in VAT refunds. Kernel-Trade, a subsidiary of another Ukrainian agroholding Kernel, was ranked second with $36.8 million. Ukraine’s largest poultry producer MHP received $6.8 million and was ranked sixth.