Novus Ukraine plans to open seven new supermarkets in Kyiv this year, expanding the chain by 18%

Novus Ukraine plans to open seven new supermarkets in Kyiv this year, expanding the chain by 18%, the company’s press service reports. Last fall, the European Bank for Reconstruction and Development approved a 7-year, $25 million credit line to Novus to expand. The retail chain is owned by BT Invest, which was formed a decade ago by former stockholders in Sandora juice producer, Raimondos Tumenas and Ihor Bezzub.