The EBRD is lending the hryvnia equivalent of $65 million to Datagroup, a fast growing telecommunications company, to buy Volia

, Ukraine’s leading pay-TV and cable broadband service, the bank announced yesterday in a press release. With a majority of shares owned by the fund, Horizon Capital, Datagroup calls itself a leading provider of fiber-optic infrastructure and digital services in Ukraine. Matteo Patrone, EBRD’s Regional Managing Director, sad: “The merged entity will invest in better infrastructure, innovation and excellent customer service.”