Business news from Ukraine

Business news from Ukraine

Silpo Food earned UAH 956 mln in profit in first nine months of 2025

7 November , 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 956.591 million in profit in January-September 2025, while in the same period last year, the company incurred a loss of UAH 767 million 071 thousand.

According to a study by YouControl, at the end of the third quarter of 2025, it ranked 6th among the top 10 companies in terms of revenue. Silpo Food’s net sales revenue for the first three quarters of 2025 increased by 13.8% compared to the same period in 2024 and reached UAH 75 billion 872 million 342 thousand.

At the same time, the company’s gross profit for January-September 2025 increased by 23% compared to the same period a year ago, to UAH 24.047 billion, and operating profit increased 1.5 times, to UAH 2 billion 152.7 million.

Silpo Food’s current liabilities as of September increased by 5% to UAH 29.7 billion, while long-term liabilities decreased by 5% to UAH 12.994 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 Non-Diversified 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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