Danish household goods retailer JYSK plans to open 12 stores annually in Ukraine

Danish household goods retailer JYSK plans to open 12 stores annually in Ukraine, Yevgeny Ivanitsa, JYSK executive director in Ukraine, tells Interfax-Ukraine. In the fiscal year ending Aug. 31, the company will have opened seven new stores in Ukraine. With 40 stores in 20 cities, JYSK “can grow up to three or four times, even taking into account the output of competitors, including IKEA,” Ivanitsa says. IKEA the Swedish household retailer, is hiring employees for its first Ukraine store, in Kyiv.