UKRAINE: Fresh supermarkets secures funding

By Keith Nuthall | 10 October 2008

The Ukraine's Fresh food retail chain has secured additional investment of US$30m.

 

The chain, which is owned and operated by the Evrotek Group, will receive an equity investment of $15m from the International Finance Corporation of the World Bank.

This figure has been matched by the privately-owned Emerging Europe Growth Fund, which has also purchased a $15m stake in the company.

Sectors: Emerging markets, Retail

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UKRAINE: Fresh supermarkets secures funding

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