Business news from Ukraine

Business news from Ukraine

Demand for charging stations at Foxtrot increased 3.5 times, prices returned to market levels

Demand for charging stations, generators, and power banks increased by an average of 3.5 times, while prices for these categories of goods rose by 10-20%, returning to market levels, according to omnichannel retailer Foxtrot.

“In just four days (October 10-13), sales of charging stations, power banks, and generators were comparable to the figures for the previous three months combined. Portable charging stations showed the highest growth: +400% compared to the previous day last Friday alone,” said Vyacheslav Sklonny, commercial director of Foxtrot, in response to a request from Interfax-Ukraine.

Demand began to grow in the last week of August and peaked after a massive enemy attack on critical infrastructure on October 10. According to the chain, sales of charging stations and related product categories in September exceeded August figures by 70%.

Sales of charging stations grew 3.6 times in monetary terms and four times in volume; power banks grew six times (in monetary terms and in units); and router cables grew 3.5 times and four times, respectively.

In addition, after a period of significant discounts amid weak demand in the summer, when the energy supply situation was more stable, prices returned to market levels, with an increase of 10-20%.

“This is not an artificial jump in prices, but a return to the real market level, because previously stations were sold below cost due to a lack of demand for this product. In addition, demand has grown significantly, and stocks in Ukraine and Europe are rapidly declining,” explained Sklonny.

Foxtrot is one of Ukraine’s largest omnichannel retail chains in terms of the number of stores and sales of electronics and household appliances. As of early October 2025, the company operates 127 stores in 68 cities, the online platform Foxtrot.ua, and the mobile app of the same name.

According to Opendatabot, the revenue of FTD-Retail LLC (Kyiv), which develops the chain, amounted to UAH 14 billion 882.632 million in 2024, which is 17.6% more than in 2023, and its net profit was UAH 6 million 721 thousand against UAH 314 million 436 thousand, respectively.

In the first half of 2025, the company received UAH 7.3 billion in revenue and UAH 66.5 million in net losses.

The founders of the omnichannel retailer Foxtrot are Ukrainian businessmen Gennady Vykhodtsev and Valery Makovetsky.

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