Silpostores

Monday, November 4

Ukrainian businesses continue to expand despite the war: What new shops and restaurants opened in Ukraine last week?

Ukrainian businesses continue to expand despite the war: What new shops and restaurants opened in Ukraine last week? Retailer Varus returned to the development of its network in the Kyiv region, and on November 2 the company opened its first supermarket in the Varus Home format in Bilogorodka. The new store became t...

Thursday, July 18

Retail trade leaders increased their incomes by almost 23%.

Retail trade leaders increased their incomes by almost 23%. The combined income from the largest companies in the Retail Trade Index last year amounted to ₴457.32B (+23% by 2022). ATB-Market remains the leader in retail trade. ATB received almost 40% of the co...

Wednesday, July 10

How did Ukraine’s retail food industry develop in June?

How did Ukraine’s retail food industry develop in June? The Fora supermarket chain, operated by Fozzy Group, followed the successful opening of its first location in the Lviv Oblast by immediately opening a supermarket in Mykolaiv and another in Vinnytsia ...

Thursday, June 13

Retail is gaining momentum: Turnover in 2023 exceeded pre-war figures by ₴100B.

Retail is gaining momentum: Turnover in 2023 exceeded pre-war figures by ₴100B. Unlike in 2022, when companies’ income significantly decreased due to Russia’s occupation of large areas of Ukraine, looting, shelling, constant air strikes, and blackouts, last year Ukrainian r...

Wednesday, August 9

Retail chains lost 20% of their turnover during the first year of the war.

Retail chains lost 20% of their turnover during the first year of the war. According to results from 2022, this indicator amounted to UAH 1.16T, which is UAH 300B, or 19%, less than in 2021 (UAH 1.44T), according to a Association of Retailers of Ukraine study. The study stat...

Wednesday, March 3

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 ...

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...

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