Ukrainian American-owned automotive company seals $24 million EBRD loan

KYIV – The oldest automotive importer owned by a Ukrainian American secured a 20-million-euro ($24 million) loan from the European Bank for Reconstruction and Development (EBRD) to expand operations in the country.

The Winner Group investment will be used to complete the construction of new Renault and Volvo dealerships, help the company transition to a green economy by investing in electric vehicles and expand its logistics, distribution and service capabilities, according to the May 25 EBRD news release.

Zelenskyy dismisses two Constitutional Court judges in controversial move

KYIV – Ousted Constitutional Court Chief Justice Oleksandr Tupytsky on March 29 challenged his dismissal by President Volodymyr Zelenskyy with the Supreme Court, a court filing shows.

Post-Soviet Ukraine’s sixth president had two days earlier revoked Mr. Tupytsky’s appointment to the court by reversing a presidential decree that his predecessor, Viktor Yanukovych, had signed on September 17, 2013.