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One of Ukraine’s largest retailers explained why it acquired a warehouse complex near Kyiv

27.02.2025

Olha Shevchenko, CEO EVA

On February 20, RUSH LLC, the owner of the EVA chain, completed the acquisition of the logistics complex DP SK Omega-1 Logistics in Brovary from Dragon Capital.

Starting in the third quarter of this year, we plan to begin refurbishing the facility acquired from Dragon Capital. In 2026, we plan to relocate our warehouse there to serve the EVA retail network in central Ukraine. The purchase of this facility was driven by the rapid expansion of our e-commerce segment, including an increasing product range and order volume in the EVA.UA online store.

EVA already operates a distribution center in Brovary with an area of approximately 43,000 square meters. It is currently divided into a warehouse serving the retail network (about 22,000 square meters) and an e-commerce warehouse (about 21,000 square meters).

After refurbishing the newly acquired facility, which covers 19,119 square meters, EVA plans to dedicate its existing distribution center entirely to e-commerce operations.

Finding a facility near our existing warehouse was crucial for us to retain our workforce in Brovary. The location of DP SK Omega-1 Logistics was ideal in this regard, as we are simply moving our employees from one street to another.

As previously reported, in January 2025, the Antimonopoly Committee of Ukraine permitted RUSH LLC to acquire DP SK Omega-1 Logistics, which was controlled by Dragon Capital. The owner of RUSH LLC is Cyprus-based Incetera Holdings Limited (100%), with Ruslan Shostak and Valerii Kiptyk as the ultimate beneficiaries.

In 2023, RUSH’s revenue increased by 33.7% to UAH 21 billion compared to 2022, net profit grew by 26% to UAH 2.2 billion, and total assets rose by 45.2% to UAH 15.03 billion.

TERWIN Corporation, co-owned by EVA’s Ruslan Shostak, is implementing a large-scale project to build innovative logistics hubs in four regions of Ukraine (Odesa, Lviv, Dnipropetrovsk, and Kyiv) with a total investment of $700 million.