PROJECT

Projects

Summary of Proposed Investment

Project Number

29758

Company Name

NOVA LINIA PJC

Date SPI Disclosed

May 19, 2010

Country

Ukraine

Industry

Tourism, Retail and Property

Projected Board Date

Jun 21, 2010

Status

Completed

Sector

Retail (Including Supermarkets, Grocery Stores, etc.)

Department

Regional Industry MAS LAC & EUR

Environmental Category

B - Limited

Previous Events

Approved : Sep 21, 2010
Signed : Sep 27, 2010
Invested : Oct 14, 2010

Project Description

The proposed project (the “Project”) is a $50 million expansion of the do-it-yourself (“DIY”) retail chain Nova Liniya (the “Company”), an existing IFC client. The Project involves the construction of five new DIY stores, one in Kyiv and four throughout regional cities in Ukraine, and will bring the total number of stores operated by the Company to nineteen. The Project will be implemented over two and a half years.

Sponsor / Cost / Location

Development Impact