Business news from Ukraine

German retailer Adidas resumes work in cities of western Ukraine, stores in Kyiv are not yet open

The German sportswear and footwear retailer Adidas has reopened four stores in Ukraine, excluding retail outlets in Kyiv, the Ukrainian Retailers Association (RAU) has reported.
According to her, the Adidas & Reebok discount center in the Spartak shopping center and a separate chain store in Lviv, retail outlets in Uzhgorod and the Global shopping center in Zhytomyr have reopened. The online store has also reopened.
At the same time, the retailer did not provide information about the reopening of stores in Kyiv, the association notes. The official website of Adidas in Ukraine states that 18 stores in the capital are “temporarily closed”.
In Ukraine, the chain is managed by SE “Adidas-Ukraine”, owned by Adidas AG. According to the financial results of the DP for 2020, its revenue amounted to UAH 1.4 billion, net profit – UAH 58.5 million.

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JYSK PLANS TO OPEN NEW STORES IN UKRAINE

JYSK, a chain of furniture and home goods stores, plans to open a new store in Lviv on June 16, in Chervonohrad and Rivne in July, the company’s press service has reported.
“Under any circumstances, we aim to restore the operation of all stores that worked before the outbreak of hostilities. I will say more, at the beginning of the war, a process to open seven new JYSK stores in different parts of Ukraine was launched. Despite the uncertainty of martial law, the company is already considering the possibilities on the implementation of plans to open some of them,” Yevhen Ivanitsa, Country Manager of JYSK in Ukraine, is quoted as saying.
New stores will be opened in the Fabrik shopping center in Lviv, the Maidan shopping center in Chervonohrad, and the HAPPY Mall shopping center in Rivne.
In addition, in June the company reopens a store in the Retroville shopping center in Kyiv, and in July it is planned to reopen a store in the Vostorg shopping center in Kharkiv.
Stores have been restored wherever it is safe for customers and employees, JYSK said. At the same time, significantly damaged chain stores and those located in the temporarily occupied territories do not operate.
The damage and losses of the network have not yet been calculated, but it is supposedly about tens of millions of hryvnias, the company said.
“There are completely destroyed stores in Hostomel and Kherson, there are significantly damaged stores in Odesa – in the Riviera shopping center, Kyiv – Retroville shopping center, Kharkiv – Vostorg shopping center, there are looted stores in Bucha and Melitopol, there are shops in the occupied zone – Nova Kakhovka, Melitopol, Kherson,” Ivanitsa said.

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VITALI KLITSCHKO: MORE THAN 1,000 GROCERY STORES, 35 MARKETS, 450 CAFES OPERATE IN KYIV

Business is restoring work in Kyiv, more than 1,000 grocery stores, 35 markets, 450 cafes are already operating, said the mayor of the capital, Vitaliy Klitschko.
“Businesses, shops, markets operate in Kyiv. Today, there are almost 1,000 grocery stores in the city, more than 160 Kievkhleb points of sale, 35 markets, about 450 cafes. Beauty salons, service stations, clothing stores are resuming work. We are also holding ten mini-fairs to ensure access to food,” he said on the Rada TV channel on Wednesday.
The mayor recalled that the fee under contracts with restaurant sites and mobile trade was reduced to UAH 1, and share participation – by 50%.

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EMBASSY OF ARGENTINA AND CHEESE KINGDOM CHAIN OF STORES HOLD JOINT EVENT

Within the program of celebrating Malbec World Day, a professional tasting was held under the auspices of the Embassy of Argentina, the Ministry of Foreign Affairs, International Trade and Worship of Argentina, the Wines of Argentina association and the Argentine Wine Company.
The organizer of the tasting with food-and-wine pairing was the Cheese Kingdom chain of stores.

The Ambassador’s residence has become a real reflection of the culture of Argentina, where an incredible atmosphere soared thanks to the best professionals in their field.
Ideal pairs were chosen and the wines were commented on: Valeria Gamper – Best Sommelier in Argentina 2019, Juan Pablo Murgia – Best Argentine Oenologist 2021 under 40, Emiliano Stratico – WSET teacher in Bordeaux, and Denis Priimagi – First Cheese Sommelier in Ukraine, the author of Cheese Kingdom and a jury member of The World Cheese Awards.

The tasting was attended by professional figures of Ukraine: the best sommeliers and cavists, the owners of culinary schools, catering companies, event operators and other professionals in the high-end gastronomy segment.
The following best combinations were selected:
1) Argento Organic Malbec 2020 with Beemster Royaal Grand Cru;
2) La Mascota Malbec 2019 – Aged Sheep Cheese (6 months);
3) Santa Ana Malbec Reserve – Gudbrandsdalen;
4) Fuzion Malbec 2018 – Gorgonzola Dolce;
5) La Linda Malbec 2018 – Der Alte old Gouda;
6) Trapiche Malbec – Tete de Moine.
Cheese Kingdom is a family of atmospheric Dutch cheese shops, with 100 types of cheese from Europe. The mission of the Cheese Kingdom chain is to develop the European culture of cheese consumption in Ukraine. To teach understand it, love, create, serve, cut, taste and cook correctly every day. Today there are 74 stores in the Cheese Kingdom chain throughout Ukraine.

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MHP OPENS THREE MORE STORES LAST WEEK

Myronivsky Hliboproduct (MHP) last week opened three new stores of the Miasomarket stores franchise chain in Oleksandriya and Novomyrhorod (Kirovohrad region) and Sumy.
According to the company’s press release on Monday, October 5, some 12 stores of a new format are already operating in Ukraine, namely, in Sumy, Kovel, Mykolaiv, Dubno, Cherkasy, Kropyvnytsky, Kyiv, Odesa, Novomyrhorod, Oleksandriya.
As reported, Myronivsky Hliboproduct intends to open about 50 retail outlets in different cities of the country by the end of 2020. The company opened the first Miasomarket store in Kyiv on September 18, 2020.
MHP is developing franchising formats such as Miasomarket stores, traditional Nasha Ryaba shops, Secrets of the Chief gastrostudio and shawarma points of sale. At the same time, MHP develops independently its sandwich shops “Kho bite? (the Baschynsky trademark).
MHP is the largest chicken producer in Ukraine. It also produces grains, sunflower oil and meat processing products. MHP supplies chicken carcass halves to the European market, which are also processed at its facilities in the Netherlands and Slovakia.
MHP’s net profit in 2019 increased by 1.7 times compared to 2018, to $215 million, while revenues increased by 32%, to $2.06 billion.

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MHP PLANS TO OPEN 350 STORES IN KIEV AND REGION

The agricultural holding Myronivsky Hliboproduct (MHP) plans to open 350 stores of the Miasomarket format in Kyiv city and the region in five years.
“In the next five years, 350 Miasomarket outlets should open in Kyiv city and the region. We also have a clear understanding of how many stores we want to open in five years in the regions – the number of outlets varies from 40, depending on the concentration of the population,” the head of the department for work with franchisees of the agricultural holding MHP Dmytro Morozov told Interfax-Ukraine.
According to him, in addition to the Miasomarket and Nasha Ryaba conventional stores, the company is now developing franchising formats such as the Chef’s Secrets gastronomic studio and shawarma points of sale, as well as sandwich shops “Kho perekusit?” (TM Bashchinskiy), which is the format that MHP develops independently.
“Investments of partners in the Myasomarkets project start at $25,000, for other formats, in particular Döner Market, we are now finalizing the size of investments,” Morozov said.
He also announced the official opening of the first point for the sale of shawarma in Kyiv, in the Osokorky residential area, on September 23.
The head of the department for work with franchisees of MHP said that the points will have different formats, both street food and with the possibility of seating inside the facility.
“As the project develops, we will add other formats of street food. We see for ourselves at least two more formats that will sell shawarma,” he said.
The official opening of the first point of the Chef’s Secrets gastro studio is scheduled for September 24. However, as Morozov specified, it has been operating in test mode since June.
Asked whether MHP plans to implement such projects abroad, Morozov said that now this initiative is at the stage of preliminary assessment of the need.
“The holding has divisions in other countries with which this issue has been discussed, but there are no concrete plans yet. We have shown how we launch Miasomarket stores in Ukraine, what is the essence of the concept, the value for the end consumer and business in general. Now it is a discovery stage, the stage of preliminary assessment of the need for such a project,” he said.

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