International chain JYSK on Thursday opened a renovated store in the Terminal shopping center in Brovary (Kyiv region), the company’s press service told Interfax-Ukraine.
“We are dynamically implementing a plan to reconstruct our stores into a more modern and attractive format, and this is no less important for us than opening new stores. It is a transformation process that allows us to create better conditions for our employees and make the product range more accessible and the shopping experience more attractive for customers,” said Country Director of JYSK Ukraine Yevhen Ivanitsa.
He clarified that this is the second rebuilt store since the beginning of the financial year, which started in JYSK on September 1, and the second of 10 planned for this fiscal year.
The store has been renovated according to the modern chain concept 3.0. It includes a more attractive and convenient interior, more comfortable product layout and display. The retail space and warehouse area remained unchanged, amounting to 1,020 sqm and 157 sqm respectively. At the same time, the volume of the warehouse has been increased due to the height of the equipment. New track lighting was installed in the store, a mattress studio was set up, and the furniture display was expanded.
The updated format also provides better conditions for employees. In this case, the office space, dining room and locker room were modernized.
As reported, since the beginning of 2023, JYSK has opened five new stores and renovated three existing ones.
Currently, there are 88 JYSK stores and the online store jysk.ua in Ukraine. The company notes that 12 new stores are planned to open in the current financial year. JYSK has more than 800 employees in the country.
JYSK is part of the family-owned Lars Larsen Group with more than 3.2 thousand stores in 48 countries.
JYSK’s revenue in the financial year 2022/23 amounted to EUR 5.2 billion.
The European Parliament (EP) announced on Thursday that the Budget and Foreign Affairs Committees had “corrected and approved” a proposal to allocate EUR 50 billion for the restoration, reconstruction and modernization of Ukraine from 2024 to 2027.
The EP’s position was approved with 86 votes in favor, 6 against, and 2 abstentions.
The European Parliament’s communiqué points to the need for “urgent adoption (of the package) in accordance with the long-term review of the EU budget.”
“The proposed fund for Ukraine is part of the ongoing review of the EU’s long-term budget, which needs to be adjusted as it has been seriously depleted after the numerous crises that have occurred since 2021,” the EP said.
The package should also be integrated into next year’s annual budget, which will be negotiated in November, the document says.
One of the main demands of the MEPs is to use “assets of the Russian Federation or other legal or natural persons” of the Russian Federation for the restoration of Ukraine.
MEPs “strengthened the provisions on combating fraud, corruption, conflicts of interest and irregularities in the use of EU funds in Ukraine.”
It is stated that the full European Parliament will vote on this draft law at the plenary session of the European Parliament on October 16-19.
“Negotiations with member states can begin as soon as the Council (EU – IF-U) develops a common position,” the European Parliament said.
The Uzhhorod Municipal Transport utility will purchase 13 low-floor 12-meter buses manufactured by Lviv-based ElectronMash for UAH 126.5 million by August 31, 2024, against an expected purchase price of UAH 137.32 million.
According to Prozorro, the contract was signed with the successful bidder, ElectronMash Plant LLC, on September 29.
In addition to the Lviv plant, bids were also submitted by Zernotrade, which offered Chinese buses for UAH 127.8 million (according to the certificate provided, with localization of more than 23%), and Bas Motor LLC with Bogdan buses for UAH 130 million.
At the same time, Etalon Auto Trading House filed a complaint with the Antimonopoly Committee of Ukraine against the discriminatory terms of the tender, but the AMCU dismissed the complaint.
As reported, the tender for the purchase of buses for Uzhhorod Municipal Transport was announced on August 17, with a 50% prepayment required within 10 banking days.
According to the technical specifications, the bus with a diesel engine of at least Euro 5 eco-standard with three double doors must be fully low-floor, produced no earlier than 2023, designed for at least 90 passengers, including 27 seated, have a ramp for wheelchair users and a place for wheelchair attachment in the cabin.
Uzhhorod Municipal Transport was established in 2016 (before that, the city was served only by private carriers). In 2018, the first 10 large low-floor buses from Electron were purchased for UAH 54 million. Another seven buses from the same manufacturer were leased and delivered in 2021.
Ukrnafta and SOCAR have agreed on the mutual circulation of fuel cards in their networks by signing an agreement on an inter-member program.
According to Ukrnafta’s press release, legal entities holding its NAFTACard and SOCAR’s sCard with a cash deposit can get the required amount of fuel at both networks with discounts from the price of the filling station on the date of their visit.
Payment is made using funds on the accounts linked to the fuel cards.
“This allows the customers of both companies to expand the geography of their filling stations: Ukrnafta’s network now has 456 filling stations, and SOCAR’s network has 57. So, no matter where you are, you can always fill your car with quality fuel at a favorable price,” the press release says.
As reported, at the end of September this year Ukrnafta started working with BVS (75 filling stations), VST (88 filling stations) and Ovis (43 filling stations) networks in the field of fuel cards.
“Ukrnafta is the largest oil company in Ukraine and operates a national network of 537 filling stations, of which 456 are in operation.
Ukrnafta’s largest shareholder is Naftogaz of Ukraine with a 50%+1 share. On November 5, 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer to the state a share of corporate rights of the company owned by private owners, which is now managed by the Ministry of Defense.
As of the beginning of October, the OKKO network has installed solar panels at more than 100 filling stations, and construction work is underway at several more.
OKKO’s press service reminded that the panels are placed on the roofs of the operator’s filling stations and allow them to compensate for part of the electricity costs for their own needs.
In 2023, in particular, 14 new solar power plants were installed at stations in Lviv region, and another six in Vinnytsia, Zakarpattia and Ivano-Frankivsk regions.
In total, solar power plants with a capacity of 15 to 50 kW generate electricity at OKKO filling stations in 15 regions of Ukraine.
The total amount of investments that the company has allocated for the construction of rooftop solar power plants in 2023 will be about UAH 40 million.
In 2022, 65 rooftop SPPs in the OKKO network generated a total of 1.7 million kWh of electricity, saving the company more than UAH 7 million on energy purchases from external sources.
OKKO filling stations network is a part of OKKO Group. It is one of the largest filling stations networks in Ukraine, with about 400 filling stations.
The majority shareholder of the company is Vitaliy Antonov. Minority shareholders include the European Bank for Reconstruction and Development (EBRD).
Mining company Ferrexpo plc with assets in Ukraine produced 3.218 million tons of pellets in January-September this year, down 42.9% year-on-year (5.637 million tons).
According to the company’s announcement on Thursday, pellet production in the third quarter of 2023 increased by 17% to 1.251 million tons compared to the previous quarter.
In 2023, only pellets with an iron content of 65% were produced.
At the same time, the total production of marketable products (pellets and iron ore concentrate) for 9 months of this year amounted to 3.475 million tons. Including the production of commercial concentrate in January-September 2023 amounted to 257 thousand tons.
As reported, in 2022, Ferrexpo produced 6.053 million tons of pellets, which is 46% less than in 2021. At the same time, pellet production in the fourth quarter of 2022 decreased by 86% compared to the fourth quarter of 2021, and by 50% to 417 thousand tons by September-December 2022.
In 2022, production of premium pellets with 65% iron content amounted to 5.7 million tonnes (down 47%), including 417 thousand tonnes in the fourth quarter (down 28% quarter-on-quarter and 86% year-on-year). Last year’s production of direct reduced iron pellets (DRI, 67% iron) amounted to 353 thousand tons (down 18% by 2021), which were not produced in the fourth quarter of 2022.
No pellets with 62% iron content were produced in 2022.
At the same time, the total production of commercial products (pellets and iron ore concentrate) in 2022 decreased by 46% to 6.177 million tons, in the fourth quarter compared to the third quarter – by 49%, and by Q4 2021 – by 85%, to 457 thousand tons. In particular, the production of salable concentrate last year decreased by 47% to 124 thousand tons, including 40 thousand tons in the fourth quarter of 2022 (down 38% quarter-on-quarter and up 3% year-on-year).
Total annual sales in 2022 amounted to 6.2 million tons, down 46% compared to 2021.
Ferrexpo is an iron ore company with assets in Ukraine.
Ferrexpo owns 100% of Yeristovo Mining, 99.9% of Bilanivsky GOK and 100% of Poltava Mining.
