Ukrainian Marketplace Rozetka Secures €25M EBRD Loan for Expansion in Ukraine, Poland

The European Bank for Reconstruction and Development (EBRD) has approved a long-term loan to support Ukrainian marketplace Rozetka’s working capital and green investments in Ukraine and Poland.

The Board of Directors of the European Bank for Reconstruction and Development (EBRD) has approved a €25 million ($29.41 million) senior long-term loan for Rozetka Group.

The financing is designed to provide the marketplace with stable, long-term capital during the ongoing war and to support its strategic entry into neighboring markets.

The funding package is divided into two tranches: €20 million ($23.53 million) for the Ukrainian-based Rozetka.UA LLC, and €5 million ($5.88 million) for Rozetka EU LLC in Poland, according to the official project summary on the EBRD’s website.

The EBRD said the loan will be used for critical business functions, including €10 million ($11.76 million) for immediate working capital needs, with the remaining €15 million ($17.65 million) available for further liquidity and potential capital investments.

The project is supported by the EU’s Ukraine Investment Framework (UIF), which facilitates “green” initiatives such as the procurement of energy-efficient household appliances.

The financing also carries a social mandate to facilitate the reintegration of veterans and other vulnerable groups into the workforce.

Founded in 2005 by Vladyslav and Iryna Chechotkin, Rozetka changed from a niche electronics store into a multi-category marketplace with approximately 5,000 employees.

The company, which lists Horizon Capital as a co-owner, currently dominates the Ukrainian e-commerce sector. According to data from business analytics platform YouControl, for the first nine months of 2025, the group’s companies generated a combined revenue of Hr.30.2 billion (around $687,178), accounting for 76% of the total revenue of Ukraine’s top 10 online retailers.

The Polish branch of the Ukrainian marketplace was launched in the spring of 2023, according to local outlet AIN.