Business news from Ukraine

Business news from Ukraine

EVA chain increased its revenue to UAH 14.8 bln in first half of year and opened 29 stores

Rush LLC, owner of the EVA chain in Ukraine, received UAH 14.8 billion in net income in January-June 2025, which is almost 19% more than in the same period of 2024, according to the company’s press service.

The release specifies that net profit for the period amounted to UAH 548 million, while tax payments reached almost UAH 2.5 billion.

In the first half of the year, the company invested UAH 800 million. Significant areas of investment include network development, modernization, and rebranding (almost UAH 150 million), the acquisition of a logistics complex in Brovary from Dragon Capital, as well as the expansion of the self-service checkout network and the introduction of a new store format.

During the first half of the year, the company opened 29 new stores, 16 of which feature the “Women’s Energy” design. The chain now has 1,127 stores in operation, 143 of which feature the “Women’s Energy” design and three in the EVA BEAUTY format.

Thanks to the expansion of its network, EVA has created 225 new jobs. As of June 30, the company had a total of 13,949 employees.

EVA’s private label department continues to develop its portfolio, which currently includes 66 brands. In particular, the division has entered a new category: car fragrances.

In the decorative cosmetics category, the trendy Jelly collection from GlamBee was presented, and the Fabien Marche perfume brand was expanded with two new lines: Hermetic Collection and Kaleidoscop Collection. A new line of skincare products for problem skin, MAY face, was also launched.

The share of private label products in the company’s sales in real terms amounted to 37.88% in the first half of the year. In the second half of the year, specialists plan to focus on developing exclusive private label projects for EVA.UA (beauty gadgets, fitness accessories, etc.), as well as introducing new hair coloring, toning, and styling products to customers.

The company’s logistics department has completed a number of large-scale projects. At the beginning of the year, an agreement was signed with Dragon Capital to acquire a logistics complex in Brovary.

The modernization of the online store’s distribution centers in Lviv and Brovary has increased the maximum order processing capacity from 12-15 thousand to 20 thousand per day at each warehouse. Significant software improvements have been implemented to optimize the selection and control of online orders. All this has made it possible to increase employee productivity in the control and packaging department by 75%, reduce the number of errors in order packaging to 0.013%, cut operating costs for control and packaging by 40%, and reduce the average order picking time by almost 2.5 hours.

Another important area of work for the logistics department is the development of its own courier service. In Dnipro, Lviv, and Kyiv, according to the results of the first half of the year, 68% of courier deliveries are already carried out using the company’s own resources. In the near future, it is planned to expand the service to Odesa and Kharkiv. The share of in-house deliveries to pick-up points in stores has also increased from 54% at the end of 2024 to 64% at the end of the first half of 2025.

The EVA.UA marketplace already offers over 350,000 products from EVA itself and over 130 partner sellers. The growth rate of the company’s online store traffic in the first half of 2025 compared to the same period in 2024 was 26%, the growth rate of orders was 35%, and the growth rate of turnover was 56%.

More than a third of orders on EVA.UA continue to be placed via the company’s mobile app. At the end of the first half of the year, it had over 5.6 million installations and over 800,000 active users per month. In the first half of the year, the company integrated the VISUAL by EVA functionality into the app. In addition, EVA launched a personalized consultation service with a cosmetologist expert in Viber and Telegram chatbots. Currently, EVA chatbots have over 2 million subscribers.

Rush LLC, which manages the EVA chain, was founded in 2002. As of early 2025, the chain had 1,109 stores in operation.

According to Opendatabot, the owner of Rush LLC is listed as Incetera Holdings Limited (100%), a Cypriot company, with Ruslana Shostak and Valeria Kiptika as the ultimate beneficiaries.

At the end of 2024, Rush’s revenue increased by 28.2% compared to the previous year, to UAH 27 billion. Net profit decreased by 36.7%, to UAH 1.4 billion.

 

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EVA chain tests compact store format

On July 12, Rush LLC, owner of the EVA chain in Ukraine, opened its first store of the new compact format “EVA поруч” in the village of Zazimya in the Brovarsky district of the Kyiv region, according to the company’s press service.

By the end of 2025, the chain plans to open 10 EVA Nearby stores. The next openings are already scheduled for July in the Kyiv region in the village of Sofiivska Borshchahivka (Bucha district) and in the village of Hatne (Fastiv district).

It is specified that the experimental format of the compact “EVA Nearby” store will have an average area of about 60 square meters, which is 3-4 times less than a standard EVA store.

“This format is designed to help us meet consumer needs where this was previously impossible due to a lack of space sufficient to open a regular EVA store. EVA Nearby will ensure our presence where it is important to shoppers,” said Viktor Sredniy, COO of the EVA chain.

The range will include around 2,000 SKUs (15-20,000 SKUs in full-format stores). However, the compact format will also feature unique offers with a focus on the affordable price segment. The focus of the assortment will be on household chemicals, household goods, basic childcare products, hygiene products, and body and hair care products. Decorative cosmetics and perfumes will not be available in the new format. However, the advantage of the “EVA поруч” format is that such a store will serve as a pickup point for online orders.

Investments in opening an “EVA поруч” store amount to UAH 500,000, while launching a standard EVA store costs UAH 3-5 million, depending on the design of the retail outlet, its area, and the initial condition of the premises. Each compact store creates an additional 3-4 jobs.

EVA Nearby currently has experimental status. The strategic development potential of the format will be determined by the results demonstrated, which the company plans to evaluate in 2026.

Rush LLC, which manages the EVA chain, was founded in 2002. As of early 2025, the chain had 1,109 stores in operation.

According to Opendatabot, the owner of Rus LLC is listed as Incetera Holdings Limited (Cyprus, 100%), with Ruslana Shostak and Valery Kiptika as the ultimate beneficiaries.

At the end of 2024, Rush’s revenue increased by 28.2% compared to the previous year, to UAH 27 billion. Net profit decreased by 36.7%, to UAH 1.4 billion.

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EVA chain owner to allocate over UAH 160 mln for dividends

Rush LLC, the owner of the EVA network in Ukraine, will allocate UAH 162.4 million from its retained net profit for 2024 to pay dividends.

According to the company’s announcement in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), the sole member of the LLC made the decision on June 26.

Thus, the distribution of 20.5% of the balance of net retained earnings for 2024 – UAH 162.4 million out of the total amount of UAH 792.5 million – was approved for the payment of dividends. Dividends will be accrued no later than six months from the date of the resolution.

Rusch LLC, which manages the EVA network, was founded in 2002. As of the beginning of 2025, the chain had 1109 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.

In 2024, Rush’s revenue increased by 28.2% year-on-year to UAH 27 billion. Net profit decreased by 36.7% to UAH 1.4 billion.

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EVA increased revenue by almost 29% in 2024

Ukrainian drogerie chain EVA (Rush LLC) increased its revenue by 28.6% to UAH 27 billion in 2024, its press service reports.

According to the report, the share of own brands in the company’s sales last year amounted to 36.1%, compared to 33.9% in 2023. In addition, EVA has launched eight new private labels, bringing the total number to 65. The company plans to further develop its product portfolio: in February 2025, it will launch Bingo (pet products), followed by brands in the hair care segment.

In addition, last year, 70.4% of online checks were electronic.

It is noted that the virtual makeup service VISUAL by EVA increased its coverage by 25% (to 251 stores), and the number of sessions increased by 250% compared to 2023.

Rusch LLC, which manages the EVA chain, was founded in 2002. At the end of 2024, the chain had 1109 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.

EVA expands e-commerce logistics capacities after acquiring warehouse in Brovary

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.

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EVA to pay UAH 179.1 mln in dividends for third quarter of 2024

Rush LLC, the owner of the EVA network in Ukraine, will allocate UAH 179.1 million of its net profit for the third quarter of 2024 to pay dividends.
According to the company’s announcement in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), the sole member of the LLC made the decision on November 28.
Thus, the distribution of 50% of the net profit received in the third quarter of 2024 – UAH 179.1 million out of the total profit of UAH 358.3 million – was approved for the payment of dividends. Dividends will be paid no later than six months after the decision is made.
Earlier, in September, the company allocated UAH 133.8 million of its net profit for the second quarter of this year to pay dividends, and in July – UAH 148.8 million of its profit for the first quarter.
Rusch LLC, which manages the EVA network, was founded in 2002. As of June 31, 2024, the chain had 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.
At the end of 2023, the company’s revenue increased by 33.7% to UAH 21 billion compared to 2022, net profit by 26% to UAH 2.2 billion, and asset value by 45.2% to UAH 15.03 billion. In 2023, EVA paid UAH 2.02 billion in taxes and fees to the budgets of all levels.

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