Economy

An international furniture retailer is expanding its network in Ukraine and has increased purchases from Ukrainian manufacturers by 100%.

Tuesday, May 14, 2024
An international furniture retailer is expanding its network in Ukraine and has increased purchases from Ukrainian manufacturers by 100%.

The JYSK international furniture chain opened a new store in Kyiv’s Nyvky shopping center. The new store is on the basement floor and occupies 1,019 square meters of retail space plus a 210-square-meter warehouse.

Currently, 94 stores and the jysk.ua online store operate in Ukraine, and the company plans to reach 100 stores by the end of 2024.

Moreover, JYSK continues to expand its cooperation with domestic manufacturers. In the first four months of 2024, the number of products purchased by JYSK in Ukraine increased by 100%, exceeding 500,000 units. European JYSK stores will soon be replenished with new products – 20 articles of Ukrainian-made furniture.

JYSK is part of the family-owned Lars Larsen Group with more than 3,400 stores in 48 countries.

 

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
Tuesday, May 14
AgricultureEconomy
Last year, Ukraine’s export of agricultural products to the EU decreased by 27.5%.

Last year, Ukraine’s export of agricultural products to the EU decreased by 27.5%.

Next post
Tuesday, May 14
EconomyInvestments
How privatization drives investment into the economy: the government's response.

How privatization drives investment into the economy: the government's response.

Morning Economic Digest

Straight, factual, timely and investable business news and economic trends from Ukraine, Europe’s next Frontier Economy.

Previous Main Topics

Subscribe