The Antimonopoly Committee of Ukraine has permitted State Food-Grain Corporation to acquire Ukrainian National Stevedoring Company LLC (Odesa).

The committee said that the corporation was permitted to acquire over 50% of shares in the Odesa company.

Ukrainian National Stevedoring Company LLC was founded in 2001 on the basis of Odesa port.

At present, the company handles vessels with the up to 10 meters draft and up to 250 meters long. The area of warehouses is 20,000 square meters.

According to the state register of companies and individuals, the founder of the company is Cypriot Grandbis Holdings Limited.

In August 2010, the government decided to create the State Food and Grain Corporation of Ukraine. The corporation has a chain of branches – grain storage facilities, flourmills, fodder factories and a cereals factory. The 44 subdivisions of the corporation can store a total of 3.46 million tonnes of grain, which includes the grain handling capacities of Odesa and Mykolaiv ports of around 2.5 million tonnes of grain cargo per year.