Pakko Holding attracts USD 6 mln from Ukrsotsbank
17 July 2008
Pakko Holding (5CBA GR: N/R) announced yesterday it has received a USD 6 mln credit line for three years from Ukrsotsbank (USCB: BUY). Proceeds will be spent to extend the Vopak chain by 15 stores in Western Ukraine and to establish a new logistics center with total area of 10 ths m2 in Lutsk. Pakko is also considering buying land in Western and Central Ukraine for new stores.
