Business news from Ukraine

Business news from Ukraine

“Silpo-Food” Reported Loss of 551.9 Mln UAH Over Nine Months

4 November , 2026  

Silpo-Food LLC, a member of the Fozzy Group (Kyiv) commercial and industrial group that operates the “Silpo” grocery supermarket chain in Ukraine, reported a loss of 551.9 million UAH for the January–September 2026 period, whereas during the same period last year the company posted a profit of 956.5 million UAH, and in the first half of 2026—a profit of 849.9 million UAH.

As the company reported in the financial reporting system of the National Securities and Stock Market Commission, its revenue for the first nine months of 2026 grew by 14.6% compared to the same period in 2025, reaching 86.9 billion UAH.
According to the company, in the first half of 2026, Silpo-Food generated 59.5 billion UAH in revenue and 849.9 million UAH in profit. Based on these figures, in the third quarter of 2026, Silpo-Food’s revenue grew by 7.1% compared to the third quarter of last year—to 27.4 billion UAH—while the loss amounted to 1.4 billion UAH.

It is noted that the company’s gross profit for January–September 2026 increased by 22.1% compared to the same period a year ago, reaching 29.3 billion UAH, while operating profit decreased by 3.5% to 2 billion UAH.

Silpo-Food’s current liabilities increased by 2.6% from the beginning of 2026 through September, reaching 33.2 billion UAH, of which trade and other accounts payable amounted to 24.3 billion UAH. Long-term liabilities decreased by 5.1% to 12.9 billion UAH. The accumulated loss since the beginning of the year decreased by 2.3% to 25 billion UAH.

As of September, the company’s assets totaled 39.3 billion UAH.
Silpo-Food LLC was established in early August 2016. As the company reported in its financial statement, as of September 2026, the LLC controls PJSC “Retail Capital” (100%, Kyiv), a closed-end, non-diversified venture corporate investment fund owned by Fozzy Group LLC. The ultimate beneficiary is Volodymyr Kostelman.

As of September 2026, the chain comprises more than 309 supermarkets in 78 cities across Ukraine and four Le Silpo delicatessens: in Kyiv, Dnipro, Kharkiv, and Odesa. The chain employs more than 30,000 people.

It is part of the Fozzy Group, a commercial and industrial group with more than 826 retail locations throughout the country. The company operates retail chains of various formats: “Silpo” supermarkets, Fozzy wholesale hypermarkets, “Fora” neighborhood stores, Thrash! discount stores, “Bila Romashka” pharmacy supermarkets, and E-ZOO pet stores.

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