The European Bank for Reconstruction and Development (EBRD) is providing a risk-sharing guarantee without financing in the amount of UAH150 million (EUR3.1 million) to cover half of the loan issued by Ukrsibbank to retailer EVA for the development of its logistics hubs, the company’s press service reported.
“This agreement is an important milestone for EVA and our first experience of cooperation with the European Bank for Reconstruction and Development. We underwent a thorough analysis by the EBRD, which confirmed EVA’s financial stability, the compliance of our activities with the criteria of Ukrsibbank and the EBRD for borrowers, and the recognition of our company as a reliable partner capable of developing its business even in wartime,” said Lilia Volenko, CFO of Rush LLC (EVA and eva.ua network), in a press release.
It is noted that this agreement was the first time the bank used the EBRD’s risk-sharing program (individual investment loan guarantee) to provide an investment loan to a corporate client. Previously, risk sharing rules allowed the bank to share risks only for working capital financing transactions.
According to Volenko, this agreement is a signal to the market about the possibility of attracting long-term financing with the support of international institutions in wartime.
Rush LLC, which manages the EVA chain, was founded in 2002. The chain has over 1,100 stores.
According to YouControl, the owner of Rush LLC is listed as Cyprus-based Incetera Holdings Limited (100%), with Ruslan Shostak and Valery Kiptik as the ultimate beneficiaries.
At the end of the third quarter of 2025, Rush’s net income increased by 18.6% compared to the same period last year, reaching UAH 22.9 billion. Net profit decreased by 14.7% to UAH 1.7 billion.
