LetsBuyIt.com says it will be ready to resume its operations in Germany, France, Sweden and Britain "during the course of the coming days".
The firm says the District Court of Amsterdam has lifted its moratorium, which protected the company from its creditors.
The planned closure of offices in seven countries and the cutting of the workforce to 150 from 350 has now been implemented, it said.
LetsBuyIt.com is now in a position to resume normal trading after the completion of the last round of financing in which commitments of more than euro 52 million have been received from existing shareholders and new investors.
For all its other former operational countries, operations will resume in the second quarter.
PA
