On June 20, the international chain JYSK opened a new XL store in Ternopil in the Podolyany shopping center (28h Tektylna Street), the retailer’s press service reports.
“In June, we plan to open 17 new JYSK stores in 12 European countries. We are pleased that JYSK Ukraine is part of this expansion. Despite the air alerts, we have opened two new stores this month,” the press service of JYSK Country Director in Ukraine quotes Yevhen Ivanitsa as saying.
The new store is the second in Ternopil, with a selling area of 1238 square meters, a warehouse of 410 square meters, plus a separate office space of 51 square meters. The new store in Ternopil was built according to the 3.0 concept, which provides better spot lighting, more modern design and a more comfortable zonal arrangement of goods for the customer.
The press service added that the expanded area makes it possible to offer customers a wider range of products. In particular, some of the products that are usually available only on the Internet are presented here.
Currently, there are 97 stores and the jysk.ua online store in Ukraine. The plan is to reach 100 stores by the end of 2024. The candidate cities for the 100th store have been preliminarily identified – it will be either Kalush or Kryvyi Rih in August.
JYSK has more than 800 employees in the country.
JYSK is part of the family-owned Lars Larsen Group with more than 3.4 thousand stores in 48 countries.
JYSK’s revenue in the financial year 2022/23 amounted to EUR 5.2 billion.
The Treasury of the National Museum of History of Ukraine, with the support of the Ministry of Culture and Information Policy of Ukraine and the BGV Charitable Foundation, will launch the exhibition project “Treasures of Crimea. The Return”.
According to the press service of the Ministry of Culture, the exhibition will actually become permanent in the museum and will last until the final de-occupation of Crimea, after which the collection is planned to be moved to the peninsula.
As reported, in November 2023, the Allard Pearson Museum transferred to Ukraine artifacts from four Crimean museums previously exhibited in Amsterdam.
Oil prices are falling slightly on Friday after rising in the previous session due to data on the decline in US stocks.
Commercial oil inventories in the United States last week decreased by 2.55 million barrels, the country’s Energy Ministry said on Thursday. Commercial gasoline stocks fell by 2.28 million barrels, distillate stocks by 1.73 million barrels.
The cost of August futures for Brent on the London ICE Futures exchange as of 8:20 a.m. is $85.63 per barrel, which is $0.08 (0.09%) lower than at the close of the previous trading. On Thursday, these contracts rose in price by $0.64 (0.8%) to $85.71 per barrel, the highest since April 30.
Futures for WTI for August in electronic trading on the New York Mercantile Exchange (NYMEX) fell by $0.06 (0.07%) to $81.23 per barrel by this time. As a result of the previous session, the value of these contracts increased by $0.58 (0.7%) to $81.29 per barrel.
Since the beginning of this week, both Brent and WTI have risen in price by about 4%.
The oil market is supported by signals of growing demand for petroleum products in the country, in addition to data on declining stocks in the United States. According to the American Automobile Association, a record number of Americans will travel this year during the US Independence Day holidays.
“In general, the inventory data shows that the oil market is shrinking,” said Vivek Dhar, an analyst at Commonwealth Bank of Australia, as quoted by Bloomberg. – “The key risk that could lead to a decline in oil prices in the short term is the possibility of a weaker-than-expected increase in oil demand in China.
Active Group and Experts Club have conducted a joint study on the attitudes of Ukrainians towards the countries of East Asia and the Middle East. The study was presented at the Interfax-Ukraine news agency in June 2024. The research was presented by Maksym Urakin and Oleksandr Poznyi. The results of the study are as follows:
The results of the survey are as follows:
Completely positive – 7.9%.
Mostly positive – 38.8
Mostly negative – 13.4
Completely negative – 1.2
Difficult to answer – 38.8%.
Positive – Negative – 32.1
On January 25, 1992, diplomatic relations between Ukraine and the Arab Republic of Egypt were established.
The joint research by Active Group and Experts Club on the attitudes of Ukrainians towards the countries of East Asia and the Middle East was conducted in April-May 2024. It covers such countries as Turkey, Iran, Israel, Egypt, Jordan, Saudi Arabia, UAE, Afghanistan, Pakistan, Azerbaijan, Uzbekistan, Turkmenistan, Kyrgyzstan, Tajikistan, Kazakhstan, Georgia, Armenia, India, China, Republic of Korea, DPRK, Japan, Vietnam, Indonesia, Syria, and Iraq. Full information on the research is available on the website of the Club of Experts at
International chain JYSK on June 20 opened a new store in Ternopil in XL format in the shopping mall “Podolyany” (28h Tekstilna street), the press service of the retailer reported.
“In June it is planned to open 17 new JYSK stores in 12 European countries. It is nice that JYSK Ukraine is part of this expansion. Despite air alerts, we opened two new stores this month,” the press service quotes Country Director of JYSK in Ukraine Eugene Ivanytsu.
The new store is the second in Ternopil, its sales area is 1238 square meters, warehouse – 410 square meters, plus a separate office space of 51 square meters. m. The new store in Ternopil is built according to the 3.0 concept, which implies better spot lighting, more modern design and more comfortable for the customer zonal arrangement of goods.
The press-service added that the expanded area allows to offer customers a wider range of goods. In particular, some of the goods, which are usually available only online, are presented here.
Currently, 97 stores and the online store jysk.ua operate in Ukraine. By the end of 2024 it is planned to reach the mark of 100 stores. The candidate cities where the 100th store will be opened have been preliminarily determined, it will be either Kalush or Krivoy Rog already in August.
JYSK has over 800 employees in the country.
JYSK is a part of family Lars Larsen Group with more than 3.4 thousand stores in 48 countries.
JYSK’s revenue in fiscal year 2022/23 amounted to EUR5.2 billion.
International rating agencies S&P Global and Fitch have downgraded their outlooks for China’s residential real estate market.
real estate, despite Beijing’s announced package of measures to support it.
S&P forecasts a 15% decline in housing sales in China this year, while earlier it expected a 5% decline. According to the agency’s forecast, published on Thursday, the volume of sales of residential real estate in the country will total less than 10 trillion yuan ($1.4 trillion) this year, about half the peak level recorded in 2021.
Fitch this week also worsened its forecast for home sales in the PRC: the agency now expects sales to fall by 15-20% this year, rather than the 5-10% previously estimated.
The lowered forecasts show that rating agencies are not confident in the success of a large-scale package of market support measures, the launch of which the Chinese authorities announced in May. In particular, it includes the abolition of the lower limit on mortgage rates, as well as lowering down payment requirements for real estate buyers using mortgages. In addition, Beijing urged authorities in cities with a surplus stock of ready-made houses to buy back properties at reasonable prices for later use as affordable housing.
Prices of new buildings in China’s major cities fell for the 11th straight month in May. According to a report by China’s State Statistics Office (SSO), the cost of new housing in the country’s 70 largest cities fell 3.9% year-on-year last month, the most since June 2015.
Real estate accounts for about 78% of Chinese residents’ wealth, Bloomberg notes.
