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EBRD to lend $25-mln loan to Novus to support supermarket chain growth
Journal Staff Report

KYIV, Oct 26 - The European Bank for Reconstruction and Development (EBRD) will issue a loan of up to $25 million to Novus Ukraine for seven years to support the expansion of the Novus supermarket chain, the EBRD press service has reported.

"The loan will be used to finance the expansion of the Novus network, which intends to open a new logistics center and ten new stores in Kyiv and Kyiv region by the end of 2018," the bank said.




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