The European Investment Bank will loan €75 million to buy new electric trams for Kharkiv,

reported Interfax-Ukraine. The first tram – a locally-assembled Czech Škoda – will be presented in September to Kharkiv, Ihor Terekhiv, the Acting Mayor, said last week at the UkraineInvest Talks in Dnipro. “We will completely renew the tram fleet in Kharkiv,” he said, referring to an estimated €100 million project.