EBRD & EU Promote Sustainable Car Market in Ukraine
Electric Vehicle EBRD

EBRD & EU Promote Sustainable Car Market in Ukraine

The European Bank for Reconstruction and Development and the European Union are promoting the expansion of the sustainable car

The European Bank for Reconstruction and Development and the European Union are promoting the expansion of the sustainable car market in Ukraine with a loan-and-guarantee package to Winner, one of the country’s leading vehicle importers and retailers. The EBRD is providing a EUR 20 million loan to complement the company’s EUR 23 million investments in a sustainable expansion programme. 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.

The new car dealerships will be designed and built according to BREEAM or EDGE green building standards, boosting the company’s energy performance. Green buildings are still rare in Ukraine and, to date, there is only one BREEAM-certified building in the entire retail sector. Winner will be the first auto dealership in Ukraine to achieve green-standard certification. The investment will also help Winner to construct a “green” collision repair centre, the first of its kind, in Kyiv.

Winner is promoting cleaner technologies and socially responsible corporate policy in the Ukrainian car retail sector. Since 1992, it has invested more than €100 million in the country and is committed to significant new investments. It was the first auto importer and seller of electric vehicles in Ukraine and is currently the national market leader in the sector. It has undertaken an energy audit, supported by the TaiwanBusiness – EBRD Technical Cooperation Fund, and due diligence, funded by the EU.

Related Stories

No stories found.
SteelGuru Business News
www.steelguru.com