International Finance Corporation (IFC) examines the possibility to give USD 10mn credit to Nova Liniya (New Line) building materials retailer. IFC will make the final decision on the issue on Feb 14. Nova Liniya intends to attract the credit to expand its network outside Kyiv area. Under the expansion plan the retailer will spend USD 37.4mn to built four new supermarkets in Odessa , Lviv, Dnipropetrovsk and Kharkiv. In mid 2004 IFC gave USD 5mn credit to Nova Liniya within 14mn credit line for financing the construction of two outlets. The company was founded in 2000. It owns 3 building materials supermarkets in Kyiv.
IFC to give USD 10mn credit to Ukrainian building materials retailer