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