JyskUkraine

Friday, April 11

A new shopping mall is set to be built in the Lviv region, while JYSK enhances its stores’ efficiency.

A new shopping mall is set to be built in the Lviv region, while JYSK enhances its stores’ efficiency. In the Lviv region, near the entrance to the city of Vynnyky, plans are underway to construct a large shopping mall that will feature a supermarket, various shops, food outlets, a children’s pla...

Thursday, March 27

A Ukrainian furniture supplier for international retailer JYSK is investing in production automation ahead of an €80M deal.

A Ukrainian furniture supplier for international retailer JYSK is investing in production automation ahead of an €80M deal. Furniture manufacturer Accord-Import has invested over €1M in production automation over the past two years. The company is currently constructing a new €13M robotic factory in Khmelnytskyi. This new ...

Thursday, March 13

Furniture retail is actively expanding in Ukraine, with both international and domestic manufacturers investing in new store openings.

Furniture retail is actively expanding in Ukraine, with both international and domestic manufacturers investing in new store openings. In 2024, international company JYSK launched 13 new stores in Ukraine and renovated eight existing ones, bringing the total number of its retail locations to 124. Last year, JYSK invested ₴278.5M ($6....

Thursday, October 3

Despite the war, Jysk continues to invest and opens its 100th store in Ukraine.

Despite the war, Jysk continues to invest and opens its 100th store in Ukraine. Jysk, an international home furnishing retailer, is opening a new store in Chernivtsi on Thursday, October 3, said Yevhen Ivanitsa, the Country Director in Ukraine. Since the start of the full-scale i...

Tuesday, May 14

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

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-met...

Thursday, May 4

A Scandinavian company has increased the export of Ukrainian furniture by 50%.

A Scandinavian company has increased the export of Ukrainian furniture by 50%. The JYSK chain of home stores exported €2.11M worth of furniture from Ukraine in April, which is 46.7% more than in April 2022, reported JYSK Country Manager in Ukraine Yevhen Ivanitsa. He noted that ...

Friday, December 10

JYSK intends to develop its B2B segment in Ukraine.

JYSK intends to develop its B2B segment in Ukraine. The retail chain which sells furniture and household goods plans to develop its B2B market. “The success of the b2b direction of the company in European countries also gives hope for the Ukrainian mar...

Wednesday, March 3

Epicenter K, Ukraine’s largest retailer, plans to invest $2 billion over the next two years in all areas of the group

Epicenter K, Ukraine’s largest retailer, plans to invest $2 billion over the next two years in all areas of the group Epicenter K, Ukraine’s largest retailer, plans to invest $2 billion over the next two years in all areas of the group, Petr Mikhailishynm the group’s general director, tells Interfax-Ukraine. Investme...

Fozzy Group’s Silpo supermarket chain, is purchasing another Ukrainian store chain, Furshet

Fozzy Group’s Silpo supermarket chain, is purchasing another Ukrainian store chain, Furshet Fozzy Group’s Silpo supermarket chain, is purchasing another Ukrainian store chain, Furshet, according to the Anti-Monopoly Committee. Silpo will buy 21 Furshet stores, raising the chain’s nationwide ...

Denmark’s JYSK Ukraine will open six new furniture and household goods stores by June

Denmark’s JYSK Ukraine will open six new furniture and household goods stores by June Denmark’s JYSK Ukraine will open six new furniture and household goods stores by June, raising the total number to 78. In addition, the chain is reformatting all existing stores and promoting online s...

Retail sales growth slowed to 3.5% yoy in January, down from 13.4% yoy growth in December,

Retail sales growth slowed to 3.5% yoy in January, down from 13.4% yoy growth in December, Retail sales growth slowed to 3.5% yoy in January, down from 13.4% yoy growth in December, reports the State Statistics Service. January’s 2.5 week lockdown dented sales in a traditionally slow month....

Dragon Capital writes: “

Dragon Capital writes: “ Dragon Capital writes: “We expect retail turnover to remain on an upward trend throughout the rest of this year, as slow vaccination will limit the recovery in international travel, supporting domesti...

With foreign investors increasingly believing in Ukraine’s foreign exchange rate stability, the Finance Ministry sharply cut yields in short term debt

With foreign investors increasingly believing in Ukraine’s foreign exchange rate stability, the Finance Ministry sharply cut yields in short term debt With foreign investors increasingly believing in Ukraine’s foreign exchange rate stability, the Finance Ministry sharply cut yields in short term debt up for auction yesterday, the Ministry reports. Y...

Foreign investors were the fastest growing class of buyers in February, increasing their holdings by $233 million,

Foreign investors were the fastest growing class of buyers in February, increasing their holdings by $233 million, Foreign investors were the fastest growing class of buyers in February, increasing their holdings by $233 million, Bohdan Danylyshyn, chairman of the National Bank Council, writes on Facebook. Last ye...

“Ukraine local bonds are back,”

“Ukraine local bonds are back,” “Ukraine local bonds are back,” headlines a story in BNEIntellinews. “Despite the political brouhaha that never ends in Ukraine, the macroeconomic situation has improved enormously in the last two yea...

Analysts are divided on whether Ukraine’s central bank will raise its prime rate tomorrow or hold it steady

Analysts are divided on whether Ukraine’s central bank will raise its prime rate tomorrow or hold it steady Analysts are divided on whether Ukraine’s central bank will raise its prime rate tomorrow or hold it steady, a Reuters poll showed Tuesday. Half of 16 Ukrainian analysts predict the National Bank of U...

The EU will provide money to build more and better crossing points between the Ukraine- and Russia-controlled halves of the Donbas

The EU will provide money to build more and better crossing points between the Ukraine- and Russia-controlled halves of the Donbas The EU will provide money to build more and better crossing points between the Ukraine- and Russia-controlled halves of the Donbas, European Council President Charles Michel yesterday at a joint press...

Russia cut crossings of the line of control by 96% last year,

Russia cut crossings of the line of control by 96% last year, Russia cut crossings of the line of control by 96% last year, according to figures supplied by Oleksiy Reznikov, deputy Prime Minister and Minister for Reintegration of Temporarily Occupied Territorie...

Ukraine is working to create a ‘virtual mobile number’ which will give residents of Russia-controlled territories the opportunity to call Ukraine-controlled Ukraine

Ukraine is working to create a ‘virtual mobile number’ which will give residents of Russia-controlled territories the opportunity to call Ukraine-controlled Ukraine Ukraine is working to create a ‘virtual mobile number’ which will give residents of Russia-controlled territories the opportunity to call Ukraine-controlled Ukraine, Deputy Prime Minister Reznikov tol...

The Pentagon is sending $125 million in military aid to Ukraine

The Pentagon is sending $125 million in military aid to Ukraine The Pentagon is sending $125 million in military aid to Ukraine — training, equipment and advisory efforts “to help Ukraine’s forces preserve the country’s territorial integrity, secure its bord...

Zelenskiy’s fast-paced attacks on pro-Russian interests “are likely to score points with the new US administration,”

Zelenskiy’s fast-paced attacks on pro-Russian interests “are likely to score points with the new US administration,” Zelenskiy’s fast-paced attacks on pro-Russian interests “are likely to score points with the new US administration,” Roman Olearchyk, the Financial Times’ veteran correspondent in Kyiv writes in a sto...

International brand hotels in Ukraine are to increase by 50%, to 25, by 2023 International brand hotels in Ukraine are to increase by 50%, to 25, by 2023, Ivan Lun, international relations director at the Ukrainian Hotel and Resort Association, tells Interfax-Ukraine. Planned ...

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