Business news from Ukraine

NOVA POSHTA GROUP SIGNS FIVE-YEAR CONTRACT WITH IKEA

NP Logistic, part of the Nova Poshta Group, has signed a contract on the provision of logistic services to the Swedish furniture and home accessories retailer IKEA, planning to open its first store in Ukraine in 2019.
The press service of Nova Poshta reported on Wednesday that the company will provide storage and order completion services for the first IKEA city store in Kyiv.
“We are glad that IKEA selected us. This would allow uniting prime standards of fulfillment and delivery with the furniture retail,” the co-owner of Nova Poshta, Viacheslav Klymov, said.
NP Logistic’s core business is fulfillment: storage of goods at warehouses, online order completion and delivering them to customers.
As reported, in September 2018, IKEA officially announced that the group plans to open a first city store in Ukraine in 2019 in the Ocean Mall in Kyiv.
The development of the network in Ukraine will be under the aegis of IKEA Southeast Europe, which is part of the IKEA Group (Ingka Holding B.V.). The company is engaged in retail business IKEA in Croatia, Serbia, Romania and Slovenia.
Swedish IKEA is the world’s largest retail chains for furniture and household goods with 367 stores on 30 markets.
Nova Poshta was founded in 2001. Its network has more than 2,350 depots and a fleet of more than 3,600 trucks. In 2017, more than 145 million items were delivered.

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SALES OF TOP THREE LARGEST CANDY MAKERS IN UKRAINE REMAIN AT 2017 LEVEL IN 2018 – TOP 100 CANDY COMPANIES

Roshen Confectionary Corporation has lost one position in the rating of Global Top 100 Candy Companies 2018 and was 25th, retaining sales at the level of 2017 with $800 million.
According to the rating posted on the website of the Candy Industry publication, Roshen Corporation has eight factories and over 10,000 employees.
Konti Group remained 43rd in 2018 with sales worth $473 million compared with $469 million in 2017. The company has five plants and 8,097 employees.
AVK Confectionery climbed three positions and was 64th with the same volume of sales as in 2017 – $275 million. The company owns three plants and hires 3,500 employees.
U.S. Mars Inc. is the first in the ranking with $18 billion sales. Italy’s Ferrero is second with $12 billion in sales and U.S. Mondelez International Inc. is third with $11.56 billion in sales.

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CINEMA CHAIN MULTIPLEX TO OPEN CINEMA IN KYIV’S TSUM STORE IN 2019

CEO of PrJSC Multiplex-Holding, developing the Multiplex cinema chain, Vitaliy Pysarenko, has signed a contract on opening the cinema with CEO of Kyiv’s TsUM shopping center Yevhen Mamai. “We have signed a contract with TsUM… Wait for the most central and coolest cinema of the country next summer,” Pysarenko wrote on his Facebook page last week.
As reported, early November, Pysarenko told Interfax-Ukraine that he was holding talks with managers of TsUM on the opening of a cinema in the new premium format.
“We are at the final stage of negotiations. It remains to agree on some details… In the next few weeks we will sign it [the lease agreement],” Commercial Director of Multiplex Holding Vitaliy Pysarenko told Interfax-Ukraine, confirming the company’s intentions.
According to him, after signing the contract, it will take up to six months to open the cinema.
“This will be a format that corresponds to the audience of the department store itself – premium. I think it will be very popular in the center of Kyiv,” Pysarenko said.
He added that the nearest cinema to the TsUM (the Oscar cinema network) operates in the Gulliver shopping center, but Multiplex intends to offer a unique format. Pysarenko did not provide more details, but added that in connection with the change of management at TsUM, the cinema operator “has high expectations regarding the new team.”
In general, according to him, by the end of 2019, Multiplex plans to open about 40 more cinema halls (about five facilities).
Multiplex-Holding was founded in 2003. As of November 2018, it has 26 cinemas in Kyiv, Kryvy Rih, Mykolaiv, Cherkasy, Rivne, Khmelnytsky, Zhytomyr, Kherson, Mariupol, Zaporizhia, Dnipro, Poltava, Lviv, Lutsk, Chernihiv and Kharkiv.

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128 SETTLEMENTS IN UKRAINE CUT OFF POWER DUE TO POOR WEATHER CONDITIONS

Some 128 settlements in eight regions of Ukraine are cut off power due to poor weather conditions, the State Emergencies Service has informed. “Some 128 settlements in eight regions were cut off power on the night of December 25 as a result of poor weather conditions (rain, sometimes sleet and wind gusts), and the operation of the automatic transmission line protection system, namely 46 in Dnipropetrovsk, 43 in Kirovohrad, 16 in Mykolaiv, eight in Chernivtsi, six in Kyiv, five in Cherkasy, two in Zaporizhia and two in Chernihiv region,” the report says.
It is noted that the teams of regional power supply companies are involved in the restoration of power supply. “The movement of transport on roads is provided. Some 2,181 people and 1,600 vehicles were attracted from Ukravtodor to ensure traffic on the roads,” the Emergencies Service said.

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