Business news from Ukraine

Exports from Ukraine to JYSK distribution centers increased by 60%

Exports from Ukraine to JYSK’s distribution centers increased by 60% in 2023, Iryna Romanchuk, Purchasing Manager of the chain, told Interfax-Ukraine.

“Over the past 12 months, exports from Ukraine to JYSK distribution centers have increased by 60% compared to the same period. However, this figure could have been higher if the borders had not been blocked at the end of 2023, which extended the delivery time from a week to a month, sometimes up to two, which had a very negative impact on all Ukrainian exporters,” Romanchuk said.

The expert clarified that due to the high cost of transportation to European countries, upholstered furniture made in Ukraine is losing its competitiveness, so now mostly cabinet furniture is exported. In addition, JYSK also buys blankets, pillows and household goods in Ukraine.

“At the beginning of 2022, some manufacturers located in the east of the country were unable to resume operations quickly due to a disruption in the supply chain of both components and finished goods. Therefore, we were forced to stop working with these companies. Today, our main suppliers are located in the central and western parts of the country,” said Romanchuk.

As an example of increasing the network’s work with Ukrainian manufacturers, she cited the furniture manufacturer Akord-Import (Khmelnytsky), with whom JYSK expanded cooperation in 2023 both by transferring the production of some furniture series from Europe to Ukraine and by expanding the range with new items. In total, this manufacturer shipped more than 1200 truckloads of finished furniture to JYSK’s European distribution centers in 2023.

JYSK is a part of the family-owned Lars Larsen Group with more than 3.2 thousand stores in 48 countries. Currently, there is an online store jysk.ua and 91 classic format stores in Ukraine, and in 2024 their number will reach 100. JYSK has more than 800 employees in the country.

JYSK’s revenue in the financial year 2022/23 amounted to EUR 5.2 billion.

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JYSK opens renovated store in Brovary

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.

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JYSK opens renovated store in Bila Tserkva

International retail chain JYSK opened a store in the Vega shopping center in Bila Tserkva on Thursday after renovating and expanding its retail space, the retailer’s press service reported.

According to the report, the store’s retail space has increased from 890 sqm to 1077 sqm, and the warehouse area has increased from 140 sqm to 213 sqm.

The store has been updated in accordance with the modern concept of the 3.0 chain with a new layout and design. The store also features three exhibition areas. A new canteen and dressing room have been equipped for employees.

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. According to the company, this number should increase to 100 by 2024. 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.

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JYSK has opened new store in Kamenskoye city

International chain JYSK on Thursday opened a new store in Kamenskoye, Dnipropetrovsk region, the retailer’s press service told Interfax-Ukraine news agency.

“In JYSK we believe in Ukraine and do not stop the development and investment in the future: in the future of Ukraine, in better working conditions for employees, in wider stocks, in closer to the consumer stores, in the victory of good over evil,” the press service quoted Country director of JYSK in Ukraine Eugene Ivanitsa as saying.

The new store in Kamenskoye (27A Stroiteley Boulevard) has an area of 1370 square meters together with the warehouse. Like all new JYSK stores, the store is built in accordance with the modern concept of the chain 3.0, with new lighting, spacious design and zonal placement of product categories.

Previously, since the beginning of 2023, the JYSK chain has opened four new stores and revamped the operations of two existing stores. By the end of the summer it is expected to enlarge and renovate a store in Kiev, Arcadia shopping center on Shulyavka.

JYSK is part of the family-owned Lars Larsen Group, with more than 3.2 thousand stores in 48 countries. JYSK’s revenue in fiscal year 2021/22 amounted to EUR 4.87 bln.

Currently, there are 88 JYSK stores and online store jysk.ua in Ukraine. The company notes that this figure should increase to 100 already in 2024. JYSK has over 800 employees in Ukraine.

Today in Ukraine there are 88 JYSK stores and online store jysk.ua. The company notes that this figure should increase to 100 already in 2024. JYSK has more than 800 employees in Ukraine.

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JYSK opened new store in Sofiyivska Borschagivka

International chain JYSK on Thursday opened a new store in Sofia Mall (Kiev region, Sofievska Borschagovka, Heroes of Heavenly Sotnya Avenue, 24/83), the company’s press service told Interfax-Ukraine.

“JYSK is expanding the geography of stores in Ukraine. We see the demand for our goods both in cities with a million inhabitants and in satellite cities, which offer a new quality of life to residents of conurbations. We are happy to contribute to positive changes in the homes of our customers and to be useful at a convenient time and place”, – comments JYSK Country Director in Ukraine Eugene Ivanitsa.

The new store has an area of 1280 square meters, as well as an additional outside area for garden furniture exhibition of almost 100 square meters. meters.

Like all new JYSK stores, the store is built in accordance with the modern concept of the chain 3.0, with new lighting, spacious design and zonal placement of product categories.

Since the beginning of 2023, the JYSK chain has opened three new stores and revamped the operations of two existing stores. Two more new stores are expected to open before the end of summer – in Kamenskoye, Dnipro region, and in Drohobych, Lviv region, as well as the reorganization of one of Kyiv stores into a new format.

JYSK is part of the family-owned Lars Larsen Group, with more than 3.2 thousand stores in 48 countries. JYSK’s revenue in fiscal year 2021/22 amounted to EUR 4.87 bln.

Currently, there are 88 JYSK stores and online store jysk.ua in Ukraine. The company notes that this figure should increase to 100 already in 2024. JYSK has over 800 employees in Ukraine.

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Nordic chain of home stores JYSK in April exported furniture from Ukraine for EUR2.11 mln

Scandinavian chain of home stores JYSK in April exported furniture from Ukraine for EUR2.11 mln which is 46.7% more than in April 2022, informed chief director of JYSK in Ukraine Evgeniy Ivanytsya to Interfax-Ukraine news agency.
“We are glad that in April JYSK in general has increased the volume of purchases of goods in Ukraine not only in comparison with 2022, when exported products for EUR 1 million 438 thousand, but also pre-war 2021 with EUR 1 million 704 thousand,” – said Ivanitsa.
As an example, he cited a series of furniture Billund, named after a small town in Jutland, which is produced by “Accord” from Khmelnitsky.
As it was reported, in 2023 chain JYSK opened two new stores, announced the opening of the renovated store in the shopping center “Riviera” in Odessa” and four new stores – in June in Dnepr, Kamensky in Dnepropetrovsk region and Kolomiya in Ivano-Frankivsk region, in July in Kiev.
JYSK is part of the family Lars Larsen Group. JYSK revenue in fiscal year 2021/22 was EUR 4.87 billion.
Today in Ukraine works 84 stores JYSK and online store jysk.ua. JYSK staff in Ukraine consists of more than 800 employees.

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