The European Bank for Reconstruction and Development (EBRD) has invested USD 25mn in pharmaceutical distributor Alba Ukraine. The funds will be channelled to improve companys inventory management and logistics, and introduce a more reliable and stable funding structure. It will also help the expansion of wholesale operations of the company, which will enable it to achieve a market share of 20% by the end of 2016. According to the bank, the financing package consists a loan of up to USD 13mn and an equity investment of up to USD 12mn. |
In 2012, Metro Cash&Carry Ukraine, which is a retail division of the Metro Group (Germany), raised sales by 10.9% y/y to EUR 877mn, the company said. The company opened two new wholesale ... more
The Naftogaz Ukrainy has repaid UAH 2.4bn worth of loans so far in 2013. The company was able to repay this amount of loans because of economy of natural gas in all areas of its operation, ... more
The European Commission recommends Ukraine to focus on meeting its commitments under the association agenda, reads the ENP Country Progress Report 2012 - Ukraine released on Wednesday. In ... more