Business news from Ukraine

Business news from Ukraine

Fozzy Group to Acquire Eurotek Group’s Supermarkets

14 May , 2026  

Silpo-Food LLC, which operates the Silpo chain and is part of the Fozzy Group, intends to acquire a number of assets, including real estate and equipment, belonging to the Eurotek Group, which recently announced the closure of its supermarket chains.

The Antimonopoly Committee of Ukraine will review Silpo-Food’s relevant statements regarding the acquisition of control over these assets at a meeting on Thursday, according to the agency’s agenda posted on its website.

As previously reported, the Eurotek Group, which operates the Fresh, Arsen, Soyuz, and Kvartal grocery chains in Ukraine, is closing its supermarket chains in Lviv and Chernihiv. The group later confirmed the chains’ exit from the market.

According to information on the Eurotek website, the group of companies also includes a real estate development and management company, as well as Alliance Market, which operates supermarket chains.

According to data from the YouControl analytical system, the owner of Alliance Market LLC is Mykhailo Veselskyi (100%).

Based on 2025 results, Alliance Market LLC increased its net loss by 27.5% compared to the previous year, to 72.9 million UAH. Net revenue grew by 21.2%, to 3 billion UAH.

Silpo-Food LLC, which operates the Silpo chain, was established in early August 2016. According to information on the website, the chain operates 310 supermarkets in 60 cities across Ukraine and four Le Silpo delicatessens: in Kyiv, Dnipro, Kharkiv, and Odesa.

According to YouControl, the LLC’s founder is PJSC “Retail Capital” (100%, Kyiv), a closed-end, non-diversified venture corporate investment fund. The ultimate beneficiary is Volodymyr Kostelman.

Silpo-Food’s revenue for 2025 increased by 13.9% compared to 2024—to 106 billion UAH, with net profit amounting to 1.1 billion UAH versus 154 million UAH in the previous year.

The company is part of the Fozzy Group, a retail and industrial group with over 825 retail outlets across the country. The company operates retail chains of various formats: Silpo supermarkets, Fozzy wholesale hypermarkets, Fora neighborhood stores, Thrash! discounters, Bila Romashka pharmacy supermarkets, and E-ZOO pet stores.

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