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

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