AVELLUM acted as the

Ukrainian legal counsel to the European Bank for Reconstruction and Development

(“EBRD”) in connection with a senior secured loan of up to

EUR2.6 million to Negabarit-Service LLC (“Company”), a

Ukrainian leader in the oversized and complex auto cargo transportations.

The loan will help financing

the Company’s investment programme for the acquisition of up to 42 trucks equipped

with advanced GPS systems and 18 trailers. Industrial customers across Ukraine

and the EU will have access to a wider range of oversized cargo transport

services following the transaction.

The new trucks will decrease

the Company’s operating costs by at least 30% due to a reduction in fuel

consumption and maintenance expenditure. The new vehicles will be compliant

with EURO-6 or higher emissions standards, which will help decreasing nitrogen

oxide (NOx) emissions by 80% and carbon oxide (CO) by 22%.

The EBRD is the largest

international investor in Ukraine, which has provided almost EUR13.1 billion to

fund approximately 418 projects since 1993.

The AVELLUM team was led by senior partner Glib Bondar with

support from counsel Maria Tsabal and associates Oleksandra Kupriichuk and Anna

Kalabska.