Business news from Ukraine

Business news from Ukraine

Silpo Food earned UAH 612.7 mln in profit

2 October , 2025  

Silpo Food LLC, part of the Fozzy Group (Kyiv) trade and industrial group, which operates the Silpo grocery supermarket chain in Ukraine, earned UAH 612.7 million in profit in January-June 2025, while last year, during the same period, the company incurred a loss of UAH 863.5 million.

According to the company’s interim report, published in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), Silpo Food’s revenue from sales in the first half of 2025 increased by 15.5% compared to the first half of 2024 and reached UAH 50.3 billion.

It is noted that the company’s gross profit in January-June 2025 increased by 27.3% compared to the same period a year ago, to UAH 15.8 billion, and operating profit increased 2.1 times, to UAH 1.4 billion.
Silpo Food’s current liabilities since the beginning of the year as of June decreased by 6% to UAH 27.8 billion, while long-term liabilities increased by 4% to UAH 13.5 billion.

The company’s uncovered loss at the end of June 2025 decreased by 2.2% since the beginning of the year and amounted to UAH 24.9 billion, while assets increased by 1.3% to UAH 34.5 billion.
As reported, Silpo Food’s revenue for 2024 increased by 9.8% compared to the previous year, to UAH 93 billion.

Silpo Food LLC was established in early August 2016. According to Opendatabot, the founder of the LLC is PJSC Closed Undiversified Venture Corporate Investment Fund Retail Capital (100%, Kyiv), and the ultimate beneficiary is Volodymyr Kostelman.

As of September 2025, the chain has 310 supermarkets in 62 cities of Ukraine and four Le Silpo delicatessen markets: in Kyiv, Dnipro, Kharkiv, and Odesa.

It is part of the Fozzy Group, a trade and industrial group with more than 826 retail outlets throughout the country. The company develops retail chains of various formats: Silpo supermarkets, Fozzy wholesale hypermarkets, Fora neighborhood stores, Thrash! discount stores, Bila Romashka pharmaceutical supermarkets, and E-ZOO pet stores.

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