The European Bank for Reconstruction and Development (EBRD) is becoming a shareholder in the Czech online retailer Velka Pecka.
Velka Pecka was established in 2014 and became the leading online grocery retailer in the Czech Republic, operating under the brand name Rohlik.
During public health restrictions and lockdowns, online food retail has become a lifeline for many customers.
Velka Pecka is now seeking to expand its operations in Hungary, and to enter the Romanian market and other countries where the EBRD invests.
The company will introduce training for more than 600 young women and men in Hungary and Romania.
Velka Pecka will also promote female talent in science, technology, engineering, mathematics and management, by targeting gender parity in these roles as well as in training.
