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.