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.