Silpo supermarket chain, part of businessman Volodymyr Kostelman’s Fozzy Group, has filed an application with the Antimonopoly Committee of Ukraine (AMCU) seeking clearance to acquire assets of Lviv-based Eurotek Group, which operates the Arsen, Fresh, Soyuz, and Kvartal retail chains. The application is scheduled for review on May 14, according to the AMCU press service.
The proposed transaction involves Silpo-Food acquiring control over Eurotek Group’s real estate assets and equipment. Ahead of the deal, Eurotek had earlier announced the closure of all its retail chains. The last operating day for Arsen, Fresh, Soyuz, and Kvartal stores has been set for May 31.
Eurotek Group CEO and shareholder Mykhailo Veselskyi said the company had taken care in advance to transfer its locations to “the best operators in the Ukrainian market.” At the same time, the parties have not yet officially confirmed the asset sale: at the time of publication, neither Silpo nor Eurotek had responded to media inquiries.
Eurotek Group has been operating in the Ukrainian market since 1995. Operational management of its retail chains is carried out by Alliance Market. The group’s best-known chain, Arsen, is concentrated mainly in Lviv, where it operates around six supermarkets, and also has stores in Ivano-Frankivsk and Rivne. The Soyuz chain includes 14 stores, while Kvartal operates 23 discount stores in Chernihiv, Pryluky, Slavutych, Zhytomyr, Berdychiv, and Kyiv. The Fresh chain operated nine supermarkets in Kryvyi Rih, Kherson, and Rivne.
Despite revenue growth, the group’s business remained loss-making. According to YouControl, Alliance Market LLC increased revenue by 21.2% in 2025 to UAH 3 billion, while net loss rose by 27.6% to UAH 73 million.
Against this backdrop, Silpo-Food continues to deliver steady growth. According to YouControl, Volodymyr Kostelman’s company generated UAH 106 billion in revenue in 2025, up 14% from the previous year. In the first quarter of 2026, the chain’s turnover rose a further 18% year-on-year, reaching UAH 29.4 billion compared with UAH 24.9 billion in the same period last year.
The potential deal would allow Silpo to strengthen its position in western and central Ukraine by acquiring ready-to-operate retail space and infrastructure from a regional retailer.
