KYIV, Aug 6 – The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are providing a loan-and-guarantee package to Winner, one of Ukraine's leading vehicle importers and retailers, which includes a EUR 20 million loan from the EBRD and a EU guarantee, the EBRD said in a press release on Friday.
According to the press release, the EBRD is providing the loan to complement the company's EUR 23 million investment in a sustainable expansion program. This will include the construction of new car dealerships for the Renault and Volvo brands, as well as an expansion of the company’s logistics capacity and distribution and service infrastructure, including for electric vehicles.
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