Business news from Ukraine

Business news from Ukraine

Novus to Open Its First Supermarkets in Lviv and Ivano-Frankivsk

The Novus supermarket chain has received permission from the Antimonopoly Committee of Ukraine (AMCU) to lease assets from the Eurotek Group, which recently announced the closure of its supermarket chains, and plans to open its first stores in Lviv and Ivano-Frankivsk in their place, the grocery retailer’s press service told the “Interfax-Ukraine” news agency.

It is specified that at a meeting on Thursday, the AMCU granted Novus Ukraine LLC permission to lease three assets from JSC “ZNVKIF Eurotek Invest,” which has closed its grocery chains.

For Novus, this marks its first entry into the Lviv and Ivano-Frankivsk markets, as well as a new stage in the chain’s expansion across Ukraine’s western regions. In Lviv, Novus plans to open stores in August (147 Zelena St. and 60 Chervonoyi Kaliny Ave.), and in Ivano-Frankivsk in September (2 Mykolaychuk St.).

“The western region, particularly Lviv and Ivano-Frankivsk, is a strategically important area for us. Today, Lviv is one of the country’s key consumer hubs and most competitive markets, while Ivano-Frankivsk is experiencing rapid growth and high demand for quality retail. We want residents of both cities to get to know Novus not just as a new supermarket, but as a place for a comfortable shopping experience that combines European-style service, a wide product range, and a modern customer experience,” the company notes.

To maximize convenience and speed of service, the checkout areas in the new stores have been optimized to match the scale of the facilities. For example, the supermarket at 147 Zelena St. (total area: over 3,000 sq. m; retail area: 1,761 sq. m) will feature six linear checkout lanes, eight self-checkout stations (SCS), and one information desk with two workstations. At the store at 60 Chervonoyi Kaliny Ave. (total area: 2,376 square meters; sales area: 1,500 square meters), five regular checkout lanes, eight self-checkout stations, and one information counter—which also combines two checkout stations—will ensure quick checkout.

In Ivano-Frankivsk, at 2 Mykolaychuk St. (total area: 3,106 sq. m, retail area – 1,971 sq. m), service speed will be ensured by eight linear checkout lanes, one information counter (with two workstations), and eight self-service checkout stations, which have been divided by payment type for convenience: two for cash payments and six for non-cash payments.

As previously reported, the Eurotek Group of Companies closed its grocery chains “Fresh,” “Arsen,” “Soyuz,” and “Kvartal.” Specifically, the “Arsen” chain operated in Lviv, Ivano-Frankivsk, and Rivne regions, with a total of eight supermarkets. In May, the Antimonopoly Committee of Ukraine (AMCU) authorized Silpo-Food LLC—which operates the Silpo chain and is part of the Fozzy Group—to acquire five of these stores; opening dates have not yet been announced.

Novus is a supermarket chain with 100% Lithuanian capital that has been operating since 2008 and is developed by BT Invest (Lithuania). As of the end of June 2026, the company has 173 locations and is represented in Kyiv, the Kyiv region, and a number of other regions of Ukraine. The founder and beneficial owner of the group is Lithuanian entrepreneur Raimondas Tumenas. The company operates a supermarket chain as well as “neighborhood” stores under the Mi Market brand.

As of the end of 2025, the chain ranks among Ukraine’s largest food retailers. Its annual revenue totaled 34.69 billion UAH, an increase of 19.55% compared to 2024.

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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 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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“Kopeika” retail chain has acquired Odessa-based “Gourmet” supermarket chain

The ‘Kopeika’ retail chain announced in early March 2026 that it had acquired the Odessa-based “Gourmet” chain, which comprises nine mini-markets, according to the Ukrainian Retailers Association.

“The acquisition of ‘Gourmet’ will allow us to strengthen our position in the central and tourist-friendly areas of Odessa, expand our coverage, and offer shoppers an even more accessible and convenient format for daily shopping,” said Dmitry Bogdanov, director of the “Kopeika” chain, as quoted in the statement.

According to the press release, the total retail space of the “Gourman” chain’s stores is 1,500 square meters. “Kopiyka” has already begun the phased preparation to transition the acquired retail locations to the new brand. Upon completion of the integration, the “Kopeika” chain will have 127 stores, including seasonal locations and a store in Kherson.

According to Opendatabot, in 2025, the “Kopiyka” chain increased its net revenue by 19.5% to 4.3 billion UAH and its net profit by 31.6% to 24.2 million UAH.

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Varus supermarket chain increased its turnover by 20% in 2025, to UAH 28.8 bln

The national supermarket chain Varus increased its turnover by almost 20% in 2025, to UAH 28.8 billion, according to a press release on Tuesday, reported by Interfax-Ukraine.

It is noted that the number of stores increased by seven, or 6.3%, to 118.

The company noted that in July 2025, it decided to spin off the Varus.ua business line to implement a new e-commerce strategy and achieved a 97.2% increase in its turnover over the past year. By the end of 2025, the number of users of the mobile app reached about 500,000.

According to the release, the company is implementing a large-scale energy program to install nearly 4,000 solar panels at its network facilities, which will allow stores to cover up to 95% of their energy needs in the summer. The project is expected to pay for itself in approximately two years and will save about UAH 50 million annually.

“The plans for 2026 include equipping 18 more facilities with solar power plants. In addition, all stores in the chain are equipped with generators to ensure uninterrupted operation during power outages,” the release said.

Among the main results of last year was also the receipt in July of the first tranche of a loan from the European Bank for Reconstruction and Development (EBRD) — almost UAH 630 million for the development of the network, increasing business sustainability, and implementing energy-efficient solutions, of which about UAH 30 million went to the opening of its own distribution center (DC) in Dnipro.

In addition, another distribution center was launched in Odesa, and the energy independence of the entire logistics network was strengthened.

Other achievements include the automation of the full cycle of invoices through eDoc, the connection of 80% of suppliers to the system, and a 3.5-fold increase in the volume of electronic invoices over the year.

Varus also specified that it employs more than 8,000 people, and in 2025, the chain invested about UAH 60 million in social initiatives.

Varus is a national supermarket chain represented on the Ukrainian food retail market by Omega. The first store was opened in 2003 in Dnipro. The chain operates in several formats: classic supermarkets, To Go stores, and the Varus.ua online store.

According to Opendatabot, Omega LLC is owned by Cyprus-based Veigant Enterprises Limited. Valery Kiptik and Ruslan Shostak are listed as the ultimate beneficiaries.

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