Wildberries & Russ and the EDB have signed an agreement on the development of e-commerce and logistics infrastructure in the Eurasian region
St. Petersburg, June 20, 2025. The Eurasian Development Bank (EDB) international financial organization and RVB (Wildberries & Russ joint company) have signed a cooperation agreement aimed at implementing joint projects in the field of e-commerce and development of digital and logistics infrastructure in Eurasian countries.
The parties agreed to join forces to upscale innovative solutions in logistics, digital transformation, and data centre development in the EDB member countries (Armenia, Belarus, Kazakhstan, Russia, Kyrgyzstan, Tajikistan, and Uzbekistan).
"We see great potential in the synergy between our technological developments and the EDB's institutional expertise. We are confident that the joint effort will accelerate the development of e-commerce and increase the accessibility of digital infrastructure throughout Eurasia," said Robert Mirzoyan, Chief Executive Officer of RVB.
The EDB implements large-scale integration projects in key industries, from transport and energy to digital platforms, while RVB provides expertise and technological solutions in the field of e-commerce, including the organization of warehouse logistics and the introduction of innovative models in supply management.
"One of the key areas of the EDB's activities is the expansion of transport and logistics routes in the Eurasian space. This year, we relaunched the Eurasian Commodity Distribution Network mega-project that aims to create a network of modern warehouse complexes by providing flexible financing models for developers in the Bank's member countries. Our partnership with RVB opens up opportunities for upscaling effective solutions in e-commerce and logistics. This will strengthen regional connectivity, while the created infrastructure will contribute to the development of small and medium-sized businesses in Eurasia," commented Yaroslav Mandron, Deputy Chairman of the EDB Management Board.
One of the priority areas of the Agreement will be the development of data processing centres, with RVB providing technological solutions and management models, and the EDB ensuring investment and strategic support. In addition, the partners intend to actively participate in industry-related initiatives and exchange best practices in the field of e-commerce. The Agreement marks an important step towards making Eurasian economy more sustainable, integrated and digital.
Additional Information:
Wildberries & Russ (RVB LLC) was formed as a result of the merger of two market leaders – the Wildberries IT company and Russ Group, an outdoor advertising operator – with the aim to jointly create a high-tech digital trading platform and provide seamless tools for the development of small and medium-sized businesses. Currently, the merged company operates in Russia, Armenia, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan, as well as in China and the United Arab Emirates (RVB imports goods from these countries).
The Eurasian Development Bank (EDB) is a multilateral development bank investing in Eurasia. For more than 19 years, the Bank has worked to strengthen and expand economic ties and foster comprehensive development in its member countries. By 2025, the EDB’s cumulative portfolio comprised 305 projects with a total investment of US $16.5 billion. The Bank's portfolio consists principally of projects with an integration effect in transport infrastructure, digital systems, green energy, agriculture, manufacturing, and mechanical engineering. The Bank’s operations are guided by the UN Sustainable Development Goals and ESG principles.
As part of its 2022–2026 Strategy, the EDB is implementing 3 mega-projects: The Water and Energy Complex of Central Asia, The Eurasian Transport Network, and The Eurasian Commodity Distribution Network.
The EDB Media Centre:
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