Business news from Ukraine

Business news from Ukraine

EVA has opened 28 stores and plans to open 30 more by end of year

1 August , 2024  

In January-June 2024, Ukrainian grocer EVA opened 28 new stores, expanding its network to 1080 outlets in Ukraine.
According to the retailer’s press service, by the end of this year, it is planned to launch 30 more new EVA stores, mainly in the Women’s Energy chain format.
According to the chain, as of the end of June, e-commerce accounted for 14% of the chain’s sales. In addition, the assortment from third-party sellers on the Eva.ua marketplace already includes 10 thousand SKUs, with sales of over UAH 500 thousand.
In January-March, the total web traffic on the retailer’s platforms averaged 13 million sessions per month, which made it possible to generate 13-14 thousand online orders, the report says. Meanwhile, about a third of online orders are made through the EVA mobile app, and the number of app installations reached 4.2 million by the end of June.
According to the press release, the number of online ordering points currently stands at 1064 in 340 cities. By the end of the first half of 2024, the share of online orders delivered to the points of delivery by the retailer’s own transport reached 51%. Courier delivery is currently available in Kyiv, Lviv and Dnipro.
In the first half of the year, the company also expanded the warehouse area of the online store in Lviv by 2.6 thousand square meters (up to 24.8 thousand square meters). In addition, the company is building a new building, automating processes at its distribution center in Odesa and increasing the level of automation at its warehouses in Lviv and Brovary, the retailer said.
In January-March 2024, the amount of funds allocated to charitable and social initiatives by EVA and its customers amounted to UAH 18 million.
RUSH LLC, which manages the EVA chain, was founded in 2002. As of June 30, 2024, the chain had 1080 stores in operation.
According to Opendatabot, the owner of RUSH LLC is Insetra Holdings Limited (Cyprus, 100%), and the company’s ultimate beneficiaries are Ukrainian businessmen Ruslan Shostak and Valeriy Kiptyk.
According to RUSH’s financial results, the company’s revenue last year increased by 33.7% to UAH 21 billion, net profit by 26% to UAH 2.2 billion, and asset value by 45.2% to UAH 15.03 billion. In 2023, EVA paid UAH 2.02 billion in taxes and fees to the budgets of all levels.

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