Early Warning System

Regions

Europe and Central Asia

Geographic location where the impacts of the investment may be experienced.

Countries

Poland
Ukraine

Geographic location where the impacts of the investment may be experienced.

Financial Institutions

European Bank for Reconstruction and Development (EBRD)

International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.

Project Status

Approved

Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.

Bank Risk Rating

Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."

Voting Date

Apr 17, 2026

Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.

Borrower

Rozetka UA LLC; Rozetka EU LLC

A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.

Sectors

Industry and Trade

The service or industry focus of the investment. A project can have several sectors.

Investment Type(s)

Loan

The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.

Investment Amount (USD)

$ 29.43 million

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported 25
Converted using 2026-04-17 exchange rate.

Project Cost (USD)

$ 29.43 million

Primary Source

Original disclosure @ EBRD website

Updated in EWS Jul 2, 2026

Disclosed by Bank Apr 30, 2026

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, the project consists of an EUR 25m senior long-term loan to Rozetka Group, including EUR 20m to Rozetka.UA LLC (Ukraine) and EUR 5m to Rozetka EU LLC (Poland).

The Loan is split into committed financing of EUR 10m for working capital of Rozetka's Ukrainian and Polish operations and uncommitted financing of EUR 15m for working capital and potentially capex in Ukraine and in Poland.

The Project is expected to be supported by a first loss risk cover from the European Union under the Ukraine Investment Framework (UIF). The UIF supports green investment across key sectors while facilitating recovery and strengthening economic resilience amid the ongoing war.

Early Warning System Project Analysis

For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

Categorised B 2024 ESP. The project is to support the Rozetka Group, an offline and e-commerce platform in Ukraine, through working capital in Ukraine, and Poland. The project's low risk rating derives from the following E&S risks to consider: minor labour-related risks to align with ESR2 requirements; HR systems, policies and procedures (including grievance mechanism); policies and implementation capacity to ensure policies to minimise and mitigate sexual harassment, abuse and exploitation; and, finally, full compliance and capacity to align with GDPR, privacy and online safety requirements as outlined in the Bank's E&S Policy.

Investment Description

Here you can find a list of individual development financial institutions that finance the project.

European Bank for Reconstruction and Development (EBRD)

An EUR 25m senior long-term loan.

Private Actors Description

A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

Rozetka UA LLC is Ukraine's leading retailer with over 500 stores and an e-commerce platform, combining direct online retail with a marketplace model supported by proprietary logistics and financial services.

Private Actor 1	Private Actor 1 Role	Private Actor 1 Sector	Relation	Private Actor 2	Private Actor 2 Role	Private Actor 2 Sector
-	-	-	-	Rozetka	Client	-

Contact Information

This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Mariia Kotliar
kotliar@rozetka.ua
+380 67 464 98 40
https://rozetka.com.ua
Bulvar Mykoly Mikhnovskoho, 8-A Kyiv, 01103 Ukraine

ACCESS TO INFORMATION

You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.

You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en

You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html