Israeli Ofer Group To Invest USD 1bln In The Odessa Portside Plant By 2010.
8 July 2008
Ukraine’s Transport and Communication Ministry intends to increase the plant’s processing capacity from 0.3 mln to 5 mln TEU (standard shipping containers) by 2010. The plant’s processing capacity is 14 mln mt of dry and 24 mln mt of bulked cargo. Last year, the state-owned plant’s net revenues decreased by 8% to USD 66.3mln. Net income also fell by 33% to USD 24 mln.
