Grocery store Euroopt

EurotorgEurotorg is a Belarusian private chain of grocery stores called Euroopt. As of the end of 2019, it is the largest retail chain in the country in terms of the number of food stores (about 1,000).

The company was founded in 1993; in 1997, the EurooptEuroopt shopping center was opened in Minsk (52A, Kazintsa street).

In 2015, Dobron CJSC subleased its stores to Eurotorg LLC.

The priority of the Euroopt chain of stores is to work with the buyer, provide a wide range that meets the needs of the inhabitants of Belarus, establish affordable prices and develop loyalty programs.

All stores of the Euroopt network work according to a single standard of service: regardless of the size or geographical location of the shopping facility.

The company positively assesses the growth potential of modern forms of trade, according to its calculations, in Belarus this segment now occupies less than half of the market and is at the level of Poland and Russia 10 years ago. The share of Euroopt in SFT exceeded 40% last year.

Eurotorg is the unattainable leader in Belarus in food delivery via online orders - it controls about 98% of the market of approximately 235 million rubles (3.6 million orders in 2018). The company has a powerful warehouse infrastructure and its own fleet of 0.5 thousand vehicles.

In 2015, Dobron CJSC subleased its stores to Eurotorg LLC.

A few years ago, Eurotorg changed its development strategy, changing its priorities from buying and building its own stores and focusing on renting small retail space. This was due, among other things, to the company's high leverage: at the end of 2015, the debt burden ratio (debt/EBITDA) reached 5.6x. This caused concern to lenders and suppliers. However, in recent years, Eurotorg has reduced its debt to 2.9x and now considers the level of debt and the payment schedule for them until 2022 to be “comfortable”.

Eurotorg is a Belarusian private chain of grocery stores called Euroopt. As of the end of 2019, it is the largest retail chain in the country in terms of the number of food stores (about 1,000).

The company was founded in 1993; in 1997, the Euroopt shopping center was opened in Minsk (52A, Kazintsa street).

In June 2012, the company acquired the International Reserve Bank with an authorized capital of 22.7 billion Belarusian rubles. ($2.7 million).

In 2015, Dobron CJSC subleased its stores to Eurotorg LLC.

The priority of the Euroopt chain of stores is to work with the buyer, provide a wide range that meets the needs of the inhabitants of Belarus, establish affordable prices and develop loyalty programs.

All stores of the Euroopt network work according to a single standard of service: regardless of the size or geographical location of the shopping facility.

The company positively assesses the growth potential of modern forms of trade, according to its calculations, in Belarus this segment now occupies less than half of the market and is at the level of Poland and Russia 10 years ago. The share of Euroopt in SFT exceeded 40% last year.

Eurotorg is the unattainable leader in Belarus in food delivery via online orders - it controls about 98% of the market of approximately 235 million rubles (3.6 million orders in 2018). The company has a powerful warehouse infrastructure and its own fleet of 0.5 thousand vehicles.

A few years ago, Eurotorg changed its development strategy, changing its priorities from buying and building its own stores and focusing on renting small retail space. This was due, among other things, to the company's high leverage: at the end of 2015, the debt burden ratio (debt/EBITDA) reached 5.6x. This caused concern to lenders and suppliers. However, in recent years, Eurotorg has reduced its debt to 2.9x and now considers the level of debt and the payment schedule for them until 2022 to be “comfortable”.