About Eurotorg

Eurotorg snapshot

Undisputed market leader which has an effective and proven business model

The largest private company in Belarus¹. The leading grocery retail chain.
The undisputed leader in the Belarusian grocery retail market by any possible measure of comparison: whether market share, number of stores, selling space, geographical coverage, brand awareness or customer loyalty.
The only nationwide scale retailer with presence in 357 cities and towns², and the only operator of modern retail formats in more than 180 of them.
Major contributor to national food security, accounting for up to 40% of total food sales nationwide in some major product categories (fruits, cereals, edible oils, etc.).

No. 1

retailer in Belarus

~3x

larger than #2 player

~13%

of population visit our stores on a daily basis

1,136

number of grocery stores²

Credible partner for international investors

Еurotorg is the first and the only Belarusian corporate Eurobond issuer, as well as the first ever Belarusian non-financial company to receive international credit ratings.
In 2018, the first Eurobond issue was named “Most Impressive Debut Issuer in Emerging Markets” by GlobalCapital, a leading news, opinion and data service covering international capital markets.
Spotless reputation: over half of investors who showed interest in the new Eurobond issue in October, 2020 were holders of the Company’s first Eurobond issue.
Eurotorg’s credit profile is stable: Fitch and S&P Global Ratings have been assigning global scale long-term ratings to the Company since 2017. In December 2022 S&P Global Ratings withdraws Eurotorg’s credit ratings at the Сompany's request .

USD 350 mn (redeemed in 2020)

size of the country’s first ever corporate Eurobond issue

USD 300 mn

new Eurobond issue aimed at early redemption of the first issue

B-(Fitch)

corporate ratings in 2024

Note
1) by number of employees in 2019
2) as of 31 March 2024