KIEV, Dec. 20 – The European Investment Bank is providing a EUR 71 million loan to JV Nibulon LLC to develop and modernize logistic infrastructure in Ukraine, the company has said on its website.

Nibulon said that the funds would help the company to form a package of investment of $200 million. The money will be sent to finance the project on development and reconstruction of elevators, building transshipping and logistics terminals (building of tugboats) in Ukraine that would be implemented in coming two or three years.