The Ukrainian drogerie chain EVA (Rush LLC) plans to expand its e-commerce logistics capacities after acquiring a warehouse in Brovary from Dragon Capital, the chain’s press service reports.
According to the report, the acquisition of the facility of the subsidiary SC Omega-1 Logistic in Brovary is due to the rapid expansion of e-commerce, which means an increase in the range and number of orders in the EVA.UA online store.
“Starting from the third quarter of this year, we plan to start re-equipping the facility acquired from Dragon Capital. In 2026, we plan to move our warehouse there, which will serve the EVA retail network in the central regions of Ukraine,” Olha Shevchenko, Executive Director of Rush LLC, said in a statement.
According to her, EVA’s own distribution center in Kyiv region with a total area of 43 thousand square meters is divided into a warehouse for the retail network (22 thousand square meters) and e-commerce (21 thousand square meters). After the re-equipment of the acquired warehouse with the area of 19.1 thousand square meters, the company plans to fully dedicate its distribution center to e-commerce.
The acquisition of the asset near the existing warehouse will also allow the company to keep its team in Brovary, Shevchenko said.
As reported, the Antimonopoly Committee of Ukraine granted permission to Rush LLC to acquire SC Omega-1 Logistic in January 2024. The sale was completed in February.
Rush LLC, which manages the EVA network, was founded in 2002. At the end of 2024, the chain had about 1080 operating stores.
According to Opendatabot, the owner of Rush LLC is Cyprus-based Incetera Holdings Limited (100%), with Ruslan Shostak and Valeriy Kiptyk as the ultimate beneficiaries.
According to the results of three quarters of 2024, Rush’s revenue amounted to UAH 19.2 billion and net profit amounted to UAH 1.2 billion. In 2023, the company’s revenue increased by 33.7% to UAH 21 billion compared to 2022, while net profit increased by 26% to UAH 2.2 billion.
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.
Dragon Capital has completed the sale of the Omega-2 class A logistics complex with an area of 32,700 square meters in Brovary (Kyiv region), according to its press service on Monday.
“This is our first closing of a commercial real estate sale deal after we made a bet on this segment in 2016, and it demonstrates that there are opportunities in this market not only for profitable investments, but also for exits,” Dragon Capital Managing Director Volodymyr Tymochko said.
According to him, the company also continues to consider the possibility of spot acquisitions in the warehouse real estate sector. In addition, the plans also include the development of the company’s industrial parks in Kyiv (E40 Industrial Park) and Lviv (Ryasne-2).
Dragon Capital is one of the largest groups of companies in Ukraine, which works in the field of investment and financial services and provides a full range of investment banking, brokerage, and asset management services to institutional, corporate and private clients.
