Business news from Ukraine

Business news from Ukraine

Fozzy Group Begins Layoffs on November 1

Fozzy Group, one of Ukraine’s largest commercial and industrial groups, will lay off some employees from the holding company’s office divisions, the “Silpo” supermarket chain, and its logistics division starting November 1, 2026, due to mounting business losses resulting from Russian attacks.
As the group announced on LinkedIn, employees were informed of the organizational changes during internal meetings. Similar changes had previously taken place at the MAUDAU marketplace, as well as within the IT teams at TEMABIT Software Development and E-commerce & Ecosystem.
“Unfortunately, this means we will have to part ways with some of our colleagues from the holding company’s office teams, the Silpo chain, and the logistics division. Similar changes had already taken place at MAUDAU and within the IT teams at TEMABIT Software Development and E-commerce & Ecosystem. This is a necessary decision stemming from the fact that the war is increasingly affecting our work,” the Fozzy Group statement reads.
Between August 1 and September 25 alone, Russian attacks destroyed or damaged more than 20 of the group’s facilities, including distribution centers, supermarkets, and production facilities.
The company notes that the attacks resulted in the loss of part of its infrastructure and inventory, while ensuring the uninterrupted operation of the business is becoming more difficult and expensive. Fozzy Group is reassessing its priorities, suspending some projects and tasks, abandoning others, and seeking new solutions for the rest.
At the same time, the group continues to open stores, restore damaged facilities, and reorganize its logistics. To support these efforts, Fozzy Group is continuing to hire employees for supermarkets, warehouses, and production facilities throughout Ukraine.
“Our goal right now is to keep the business strong enough to serve our customers and have the resources to rebuild what the war continues to destroy,” the company emphasized.
Fozzy Group is one of Ukraine’s largest commercial and industrial groups and operates more than 825 retail outlets. It includes the Silpo, Fora, Fozzy, Thrash!, “Belaya Romashka,” and E-ZOO chains, as well as logistics, manufacturing, IT, and other assets.
The group’s key retail asset is Silpo-Food LLC. According to data from the YouControl system, the company’s revenue in 2025 amounted to approximately 106.8 billion UAH, up from roughly 93 billion UAH in 2024. At the same time, net financial results remained under pressure from high operating costs, logistics expenses, energy costs, and the consequences of the war.
Another major asset of the group is the “Fora” store chain, operated through Fora LLC. Its annual revenue already exceeds 30 billion UAH, making the company one of the largest operators in the Ukrainian grocery retail sector.
The combined scale of Fozzy Group’s business is significantly larger than the figures for individual legal entities, as the holding company unites dozens of companies in retail, manufacturing, logistics, the restaurant business, e-commerce, and IT. According to publicly available corporate data, the group has traditionally estimated its workforce at approximately 50,000 employees, making it one of Ukraine’s largest private employers.
Fozzy Group is owned by Ukrainian businessmen Vladimir Kostelman, Oleg Sotnikov, and Roman Chigir. The group was founded in 1997 and is now one of the largest players in the Ukrainian grocery retail sector.

 

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Fozzy Group Has Opened More Than 1,600 Job Openings in Logistics, Retail, and Manufacturing

Fozzy Group is restructuring its logistics operations and opening new stores; there are currently 1,614 job openings, according to Lyubov Ukraintseva, HR Director at Silpo

“We currently have more than 1,600 job openings throughout Ukraine. We are actively looking for people to join the Silpo and Fozzy Group Logistics teams. The past few weeks have brought us many new challenges. In the wake of the Russian attacks, we are rapidly restructuring our logistics to ensure goods reach supermarket shelves on time. At the same time, we continue to open new Silpo stores. In the last week alone, we opened three supermarkets and hired 170 “Outstanding Performers” for them. So there’s a lot of work to be done. And we need a lot of people,” she wrote on LinkedIn.

The HR director specified that there are currently 1,614 open positions: 940 in logistics, 535 in supermarkets, and 139 in production. The company is primarily looking for loaders, receiving clerks, sales associates, cooks, bakers, order pickers, and mid-level managers.

“I’d like to clarify one thing in particular. Recently, there have been reports in the media that Fozzy Group has suspended hiring office staff. It’s important to note that we are continuing to hire people for our supermarkets, logistics, and production facilities,” she noted

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“Silpo” has opened biker-loft-style supermarket in Kyiv region

On June 6, the Silpo chain opened a new supermarket in the Kyiv region (village of Myrotske, 4 Shlyakhova St.) in a biker loft style; MOTO FEST by Silpo is scheduled to take place in the store’s parking lot on June 13, the chain’s press service told Interfax-Ukraine.

The new supermarket covers an area of 1,639 square meters and is open from 8:00 a.m. to 11:00 p.m. The “Silpo” sign mimics the outline of a motorcycle: a seat, a wheel with a stand, handlebars, and a headlight that glows at night, with graffiti featuring flames behind it. Interior details include a horse made of metal wire, a motorcycle with wheels made of pineapple rings and a headlight made of a pumpkin, and more. A special place here is occupied by a panel made of leather jackets painted with bikers’ creeds. The sketches and paintings for them were created by artist Oleksii Bondarenko, co-author of the mural “VOLIA.” At the entrance stands a column of rock posters, and the checkout lightboxes are designed in the shape of spiked wheels.

The “Silpo” team announced a motorcycle festival with an extreme riding show for June 13.

Silpo-Food LLC, which operates the Silpo chain, was established in early August 2016. According to information on the website, the chain operates 311 supermarkets in 60 cities across Ukraine and four Le Silpo delicatessens: in Kyiv, Dnipro, Kharkiv, and Odesa.

The founder of the LLC is PJSC “Retail Capital” (100%, Kyiv), a closed-end, non-diversified venture corporate investment fund. The ultimate beneficiary is Volodymyr Kostelman.

Silpo-Food’s revenue for 2025 increased by 13.97% compared to 2024, reaching UAH 106.013 billion, while net profit amounted to UAH 1.205 billion, compared to UAH 154.1 million for the same period the previous year.

It is part of the Fozzy Group, a commercial and industrial group with more than 825 retail outlets throughout the country. The company operates retail chains of various formats: Silpo supermarkets, Fozzy wholesale hypermarkets, Fora neighborhood stores, Thrash! discounters, Bila Romashka pharmacy supermarkets, and others.

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Fozzy Group has opened its 200th Thrash!Trash! store

Fozzy Group has opened its 200th Thrash!Trash! store, which has begun operations in Krasyliv, Khmelnytskyi Oblast, according to the group’s press service.

The convenience store format combines a wide range of products, affordable prices, a convenient shopping experience, and the brand’s energetic atmosphere.

Since the start of the full-scale invasion, the chain has opened 122 new Thrash!Trash! stores. It is now represented in 107 towns and cities across 18 regions of Ukraine.

Thrash! is part of the Fozzy Group, a commercial and industrial group with more than 825 retail outlets across the country (Silpo, Fozzy, Fora, Thrash!, “Bila Romashka” pharmacy supermarkets, and E-ZOO pet stores).

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“Fozzy Group” to Hold Shareholders’ Meeting on June 2

According to Fixygen, Fozzy Group PJSC has scheduled a general meeting of shareholders for June 2, 2026, as indicated in a filing with the SMIDA disclosure system. The meeting will be held remotely.

Fozzy Group PJSC was registered on November 3, 2005, with EDRPOU code 33870713. According to OpenDataBot, the company’s authorized capital is UAH 32 million; Vladimir Kostelman is listed as the director; and its primary activity is the operation of head offices.

Fozzy Group is one of Ukraine’s largest commercial and industrial groups and ranks among the country’s leading retailers. According to OpenDataBot, the group’s network comprises over 700 retail outlets across various regions, and in addition to retail, the group operates in food production, banking services, and the restaurant business.

According to an industry review by RAU, Fozzy Group was founded by Vladimir Kostelman, Oleg Sotnikov, Yuriy Gnatenko, and Roman Chigir. The group includes the “Silpo,” “Fora,” Le Silpo, Thrash!, Favore, and Fozzy C&C chains, as well as other divisions—pharmacies, the restaurant business, agricultural assets, food production, Vostok Bank, and the logistics operator UVK.

For the Ukrainian consumer market, Fozzy Group remains one of the key players. In the context of the war, large-scale food retail fulfills not only a commercial but also an infrastructural function—it supports the supply of goods to the population, logistics, employment, and tax revenues.

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Fozzy Group to Acquire Eurotek Group’s Supermarkets

Silpo-Food LLC, which operates the Silpo chain and is part of the Fozzy Group, intends to acquire a number of assets, including real estate and equipment, belonging to the Eurotek Group, which recently announced the closure of its supermarket chains.

The Antimonopoly Committee of Ukraine will review Silpo-Food’s relevant statements regarding the acquisition of control over these assets at a meeting on Thursday, according to the agency’s agenda posted on its website.

As previously reported, the Eurotek Group, which operates the Fresh, Arsen, Soyuz, and Kvartal grocery chains in Ukraine, is closing its supermarket chains in Lviv and Chernihiv. The group later confirmed the chains’ exit from the market.

According to information on the Eurotek website, the group of companies also includes a real estate development and management company, as well as Alliance Market, which operates supermarket chains.

According to data from the YouControl analytical system, the owner of Alliance Market LLC is Mykhailo Veselskyi (100%).

Based on 2025 results, Alliance Market LLC increased its net loss by 27.5% compared to the previous year, to 72.9 million UAH. Net revenue grew by 21.2%, to 3 billion UAH.

Silpo-Food LLC, which operates the Silpo chain, was established in early August 2016. According to information on the website, the chain operates 310 supermarkets in 60 cities across Ukraine and four Le Silpo delicatessens: in Kyiv, Dnipro, Kharkiv, and Odesa.

According to YouControl, the LLC’s founder is PJSC “Retail Capital” (100%, Kyiv), a closed-end, non-diversified venture corporate investment fund. The ultimate beneficiary is Volodymyr Kostelman.

Silpo-Food’s revenue for 2025 increased by 13.9% compared to 2024—to 106 billion UAH, with net profit amounting to 1.1 billion UAH versus 154 million UAH in the previous year.

The company is part of the Fozzy Group, a retail and industrial group with over 825 retail outlets across the country. The company operates retail chains of various formats: Silpo supermarkets, Fozzy wholesale hypermarkets, Fora neighborhood stores, Thrash! discounters, Bila Romashka pharmacy supermarkets, and E-ZOO pet stores.

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