Electronics retailer Yabluka plans to acquire the Citrus chain and develop its business model, according to Yabluka founder Artur Gatonok.
“I would say the opposite: it is Citrus that is absorbing Yabluka — we will develop its business model,” he told Forbes Ukraine.
Gatunok did not disclose the amount of the deal.
As of June 2025, the Citrus chain has about 40 stores in Ukraine, as well as an online store. In addition to its online store, the Yabluka chain has about 30 retail outlets.
Citrus is the first Ukrainian chain of stores specializing in gadgets and accessories. The company was founded in 2000. According to Opendatabot, the owner of Importmax LLC, which develops the chain, is Victoria Manzaruk (80.5%) and ZNVKIF Stewart (19.5%). According to the results of 2024, the company increased its net income by 9.8% to UAH 4.8 billion, and its net profit by 3.2 times to UAH 26.4 million.
According to data from open sources, the Yabluka brand is registered to Innovative Technologies of the XXI Century LLC. According to Forbes Ukraine, the company’s revenue last year decreased by 41% to UAH 232.7 million.
As reported, in September 2024, Igor Khizhnyak, CEO of Comfy, one of Ukraine’s largest electronics retailers, accused certain retailers, including Yabluka, of illegally importing iPhones.
The domestic market for peas is seeing a decline in prices—before the start of the new season, quotations are falling by several percent, but more and more traders are showing interest in this crop for the first time, which could lead to an increase in demand and prices, according to the analytical cooperative Pusk, created within the framework of the All-Ukrainian Agrarian Council (VAR).
“We are currently seeing a slight decline in the price of peas before the start of the season. Theoretically, prices could fall further to 13,500–14,000 UAH/ton. But at the same time, many traders who previously did not work with peas at all are starting to actively engage in purchases. Niche crops usually offer good margins, especially for export. This motivates the market,” analysts say.
They emphasize that in 2025, the area under peas increased: last year, farmers sowed 212,000 hectares, while this year — over 250,000 hectares. However, even these volumes remain relatively small compared to other crops.
At the same time, the opening of the Chinese market is an important factor: demand from China could quickly absorb all the additional production.
“We have seen some growth in acreage, but not millions of hectares. China has opened its market, and a significant portion of the peas will likely go there. That means that an additional 40,000 hectares of pea acreage is not such a large resource. In this situation, a deficit is quite possible — demand will exceed supply,” analysts predict.
After a short-term decline, pea prices may stabilize and rise in mid-July-August. A similar situation already occurred last year, when prices began to rise instead of falling as expected.
“The pea market may again see levels of 15,000–16,000 UAH/ton. Everything will depend on logistics, weather conditions, and the pace of Chinese imports,” concluded Pusk.
The industrial and construction group Kovalska has upgraded the equipment at its Kovalska Lab Innovation and Technology Center, investing UAH 6.6 million of its own funds and international grants in the first stage of modernization, according to its press service.
“The first to be modernized was the raw materials intake control laboratory: we carried out a comprehensive renovation, purchased modern equipment, and rearranged the space, dismantling the old foundations. We also purchased the latest laboratory equipment from leading European manufacturers: German Testing, Italian Controls, and Matest,” said Viktoria Spivak, director of Kovalska Lab.
It is noted that the new equipment will allow expanding the range of testing capabilities of the laboratory in accordance with European requirements, as well as increasing the productivity of work and the accuracy of the results obtained, since all devices operate in automatic mode. Specialized software minimizes the human factor in the measurement process.
Among the new additions is high-precision equipment for measuring the main quality indicators of cement, active mineral additives, and inert fillers.
According to Spivak, the company introduces dozens of new products into production every year.
Kovalska Lab has been operating as Kovalska’s in-house R&D division for over 13 years. It brings together more than 40 specialists and covers 10 areas of work, from the development of innovative concretes to product certification. The laboratory has recently opened its services to external customers. Its range of capabilities includes laboratory and field testing, new product development, customized technical solutions, and full technological support for projects.
According to Spivak, the company systematically invests in the development of its own R&D department, updates its material and technical equipment, and improves its research approaches in order to be able to develop product recipes tailored to customer needs.
The Kovalskaya Industrial and Construction Group is Ukraine’s largest manufacturer of building materials and one of the leading developers. The company’s products are represented by a number of brands, including Beton vid Kovalskoi, Avenue paving slabs, and Siltek building mixtures. The enterprises carry out a full cycle of work from raw material extraction and product manufacturing to the construction of buildings for various purposes. As of April 2025, the Group’s production facilities are operating in the Kyiv, Zhytomyr, Lviv, and Chernihiv regions. Kovalskaya’s aerated concrete plant is located in the temporarily occupied territory in Nova Kakhovka.
A pig breeding company in Lviv region has decided to build its own feed mill, according to KMZ Industries, which will supply elevator equipment for the plant.
According to the report, to ensure the storage capacity for the necessary raw materials and their further processing into compound feed, two cone silos with a total capacity of 1,020 tons for barley and wheat will be installed, one silo with a capacity of 143 tons for corn, and two silos with a capacity of 41 tons each for soybean and sunflower meal.
“Products from all silos will be fed in specific proportions to the feed line according to the recipe for further production of feed for pigs, chickens, etc. The capacity of the first line of the plant will be 2 tons/hour. In the future, it is planned to increase it to 10 tons/hour in order to produce feed not only for its own pig farm, but also for sale on the domestic market,” said Anton Goncharuk, regional representative of KMZ Industries.
For the transportation of agricultural products, a bucket elevator and three chain conveyors with a capacity of 50 tons/hour were selected, as well as five screw conveyors for feeding raw materials directly to the feed mill.
KMZ Industries is the largest manufacturer of elevator equipment in Ukraine and produces a full range of products, including silos, grain dryers, transport equipment, and separators, as well as providing automation and installation services.
According to the company, it has built more than 5,000 facilities. KMZ Industries silos with a total volume of more than 12.5 million cubic meters are currently in operation.
Greek Prime Minister Kyriakos Mitsotakis has proposed creating a transport corridor linking the Greek port of Alexandroupolis with Odessa in Ukraine via Varna in Bulgaria and Constanta in Romania.
“I would like Odessa to be at one end of an ambitious, comprehensive project to develop connections that would start in the port of Alexandroupolis, pass through Varna, Constanta, and finally reach Odessa. This is a project that could be proposed for EU funding,” he said at the 4th Ukraine-South-East Europe Summit in Odessa on Wednesday.
According to the prime minister, the corridor would include transport railways, power lines, and gas pipelines, and it would be a project that “would provide an additional transport corridor for Ukraine, much faster than transporting goods by sea.” He also said that the project would provide “a clear and tangible vision of how Ukraine’s integration into the EU can really change the lives of Ukrainians.”
Mitsotakis also assured that Greece would always be ready to contribute any expert or technical support to bring EU candidates closer to accession.
Serbian President Aleksandar Vučić arrived in Odessa to participate in the Ukraine-Southeast Europe Summit. This is his first visit to Ukraine in 12 years in office.
The event, organized by Ukrainian President Volodymyr Zelensky, was attended by leaders from 12 countries in the region. After the official talks, Vucic and Zelensky held a private meeting.
During the discussion, they discussed assistance in rebuilding Ukraine after the destruction caused by Russian missile and drone strikes. Vucic also expressed Serbia’s readiness to contribute to the restoration of infrastructure, stressing the importance of restoring regional balance and stability.
Source: https://t.me/relocationrs/1065
