EBRD grants € 20 million loan to vehicle importer Winner for new Renault, Volvo | Kiev post

European Bank for Reconstruction and Development (EBRD) and European Union (EU) provide loan and guarantee to Winner, one of the leading importers and retailers of vehicles in Ukraine, which includes a loan of 20 million d euros from the EBRD and an EU guarantee, the EBRD said in a press release on August 6.

According to the press release, the EBRD is providing the loan to complement the company’s € 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.