The international chain JYSK is opening two stores: a new one in Odesa in the Mercury shopping center (99v Semena Palia Street) and an updated one in Poltava in the Kyiv shopping center (6/1a Zinkivska Street), the retailer’s press service reports.
“Despite all the challenges, anxieties, and even power outages, JYSK is expanding its network to 96 stores in Ukraine. I would like to thank the team of both stores for their work!” says Country Director of JYSK Ukraine, Yevhen Ivanitsa, commenting on the opening.
In the renovated store in Poltava, the sales area (from 900 to 1150 square meters) and warehouse area (from 225 to 309 square meters) were increased, office space was renovated and a separate room for employees was created.
The store opened in Odesa is the sixth JYSK store in the city. It has a selling area of 1078 square meters, a warehouse of 247 square meters, and an office space of 40 square meters.
Both stores are part of the 3.0 concept, which includes better spot lighting, more modern design and a more comfortable zonal arrangement of goods for customers.
The company has already announced the opening of its seventh store in Odesa in the fall in the Rodos shopping center. The candidate cities for the 100th store are also known. It will be either Kalush or Kryvyi Rih in August.
Currently, there are 96 stores and the jysk.ua online store in Ukraine. By the end of 2024, the plan is to reach 100 stores.
JYSK has more than 800 employees in the country.
JYSK is part of the family-owned Lars Larsen Group with more than 3.4 thousand stores in 48 countries.
JYSK’s revenue in the financial year 2022/23 was EUR 5.2 billion.
JSC Kremenchuk Plant of Road Machines (Kredmash, Poltava region) in January-June increased the production and sales of asphalt and soil mixing units by 21.4% compared to the same period in 2020, to 34 units.
According to a report on the company’s website, in June, the plant shipped products to Vinnytsia, Odesa, as well as for export.
As reported, the growth in production and sales of products at the plant is primarily associated with the road construction program in Ukraine. In particular, in January-June last year, due to the intensification of road construction, the plant produced 28 units, while for the whole of 2019 – 26.
In June of this year, Kredmash also produced spare parts, components and assemblies for UAH 22 million, consumer goods – for UAH 10.4 million.
Kredmash specializes in the development and manufacture of asphalt mixing plants, spare parts for construction and road equipment, tank trucks, bitumen trucks, iron and steel castings, consumer goods (seamers).
In 2020, the plant produced and sold 54 units, net income increased by 12%, to UAH 1.088 billion, net profit tripled – to UAH 69.14 million. Some 61.3% of total sales were exported, and the main competitors at the plant are German-based Ammann, Teltomat, Lintec, Italian-based Mavini, Bernandi, Sim, Czech-based Askom, Finnish-based Amomatik.
PrJSC Poltava Oil Crushing Plant, one of the largest producers of sunflower oil in Ukraine, saw UAH 104.65 million in net loss in 2020 versus UAH 63.15 million in net profit a year earlier.
According to the company’s statement in the information disclosure system of the National Securities and Stock Market Commission, its assets during the year grew by 1.7%, to UAH 1.32 billion, and the uncovered loss amounted to UAH 49.29 million versus UAH 54.92 UAH million of net profit a year earlier.
According to the results of the year, the total accounts receivable of PJSC Poltava Oil Crushing Plant decreased by 65.5%, to UAH 180.19 million.
According to the report, at the annual meeting of shareholders scheduled for April 16, it is planned to obtain approval for the company to carry out significant transactions with a total value of up to UAH 5 billion, which can be used by the company to conduct business in 2021. The agenda of the meeting also includes the appointment of Niva-Audit to conduct a statutory audit of the company’s financial statements for 2019.
According to the unified public register of legal entities and private entrepreneurs, the Poltava Oil Crushing Plant belongs to the largest shareholder of the Kernel agricultural holding Andriy Verevsky.
PrJSC Poltava Mining and Processing Plant (Poltava GOK, Komsomolsk, Poltava region), the main asset of Ferrexpo Group, has launched a new technological complex for production of finished goods – Section No. 9 of the concentrating plant, the total cost of the project exceeded $100 million.
According to Ferrexpo’s expectations, the project will make it possible to produce an additional 2 million tonnes of finished products, which will increase the company’s sales volumes by about UAH 2 billion per year, starting from July 1 this year. The implementation of this project will increase the plant’s installed capacity to more than 15 million tonnes of concentrate per year.
Section No. 9 is a modern complex of the production chain, which includes additional crushing and dressing areas, a new electrical substation, a system for transferring prepared raw materials and finished products, as well as additional conveyor lines, the press release says. The main equipment manufacturer for it is Metso Outotec. Other leading world companies also participated in the project implementation process and Ukrainian contractors from different regions were involved. Construction took over four years.
At the same time, the company indicates that this investment has already provided payments to the state budget and budgets of other levels in the amount of about UAH 400 million and will further bring up to UAH 300 million of such payments annually.
As reported, Ferrexpo plc in January-June 2020 increased the processing of iron ore concentrate – raw materials for pellets – by 6.3% compared to the same period in 2019, to 7.002 million tonnes.
Ferrexpo is an iron ore company with assets in Ukraine.
Ferrexpo owns 100% of shares of Poltava GOK, 100% of Yeristovo GOK and 99.9% of Belanovo GOK.
The State Agency of Automobile Roads of Ukraine (Ukravtodor) plans to complete the repair of the M-03 Kyiv-Kharkov highway within Poltava region in 2020.
Ukravtodor said on Telegram the total length of the road within Poltava region is 285 km. At the same time, 265 km of roads are on the balance of the service in the region. Another 4 km of the road that passes through Poltava is on the balance of the city council, due to a question about the repair of which the project of the complete update of the M-03 road was frozen for some time.
According to the agency, in order for the situation to budge, a budget program was formed in the national budget of Ukraine on the initiative of the government and Ukravtodor to repair the M-03 road section within Poltava. It is to be repaired this year.
“The section of the Kyiv-Kharkiv route that passes through Poltava has remained a stumbling block for many years. This year, thanks to the coordinated cooperation of all branches of government, we managed to attract financing for the repair of the problem area,” the press service said citing head of Ukravtodor Oleksandr Kubrakov.
The Poltava international airport plans to develop a freight terminal, the airport as reported on its website.
Acting Director General of municipal enterprise Airport Poltava Volodymyr Okara and a representative of Umbrella Group Taras Shebediuk signed a memorandum of cooperation to develop the freight terminal at the airport on October 21.
The memo is intended to attract investors for building the freight terminal, which will become the important infrastructure facility for strategic development of the airport.
The parties emphasized their interest in ensuring that the airport is focused not only on passengers, but also on freight transportation.
According to Okara, Bulgarian and German investors became interested in the development of the Poltava airport. In addition, the airport had previously signed a memorandum of cooperation with a Lithuanian company for the construction of the freight terminal.
In addition, it is reported that in November, private airline Ukrainian Helicopters will begin to be based on the territory of the Poltava airport: the contract is unlimited and involves permanent deployment. For providing the site, the airport will receive UAH 150,000-250,000 monthly depending on operations.
Previously, the base of Ukrainian Helicopters was located in Kremenchuk (Poltava region).
