KIEV, Nov. 8 - The European Bank for Reconstruction and Development (EBRD) is providing a EUR38.9 million financing package to Barlinek Invest, a wholly owned subsidiary of Barlinek SA, the largest wooden floorboard manufacturer in Poland, the EBRD reported in a press release.

"The loan will be used to launch a greenfield production facility with an annual capacity of two million square meters of floorboards in Vinnytsia, central Ukraine," reads the press release. "Part of the loan will be syndicated to commercial banks."