Business news from Ukraine

Business news from Ukraine

“Silpo-Food” Reported Loss of 551.9 Mln UAH Over Nine Months

Silpo-Food LLC, a member of the Fozzy Group (Kyiv) commercial and industrial group that operates the “Silpo” grocery supermarket chain in Ukraine, reported a loss of 551.9 million UAH for the January–September 2026 period, whereas during the same period last year the company posted a profit of 956.5 million UAH, and in the first half of 2026—a profit of 849.9 million UAH.

As the company reported in the financial reporting system of the National Securities and Stock Market Commission, its revenue for the first nine months of 2026 grew by 14.6% compared to the same period in 2025, reaching 86.9 billion UAH.
According to the company, in the first half of 2026, Silpo-Food generated 59.5 billion UAH in revenue and 849.9 million UAH in profit. Based on these figures, in the third quarter of 2026, Silpo-Food’s revenue grew by 7.1% compared to the third quarter of last year—to 27.4 billion UAH—while the loss amounted to 1.4 billion UAH.

It is noted that the company’s gross profit for January–September 2026 increased by 22.1% compared to the same period a year ago, reaching 29.3 billion UAH, while operating profit decreased by 3.5% to 2 billion UAH.

Silpo-Food’s current liabilities increased by 2.6% from the beginning of 2026 through September, reaching 33.2 billion UAH, of which trade and other accounts payable amounted to 24.3 billion UAH. Long-term liabilities decreased by 5.1% to 12.9 billion UAH. The accumulated loss since the beginning of the year decreased by 2.3% to 25 billion UAH.

As of September, the company’s assets totaled 39.3 billion UAH.
Silpo-Food LLC was established in early August 2016. As the company reported in its financial statement, as of September 2026, the LLC controls PJSC “Retail Capital” (100%, Kyiv), a closed-end, non-diversified venture corporate investment fund owned by Fozzy Group LLC. The ultimate beneficiary is Volodymyr Kostelman.

As of September 2026, the chain comprises more than 309 supermarkets in 78 cities across Ukraine and four Le Silpo delicatessens: in Kyiv, Dnipro, Kharkiv, and Odesa. The chain employs more than 30,000 people.

It is part of the Fozzy Group, a commercial and industrial group with more than 826 retail locations throughout the country. The company operates retail chains of various formats: “Silpo” supermarkets, Fozzy wholesale hypermarkets, “Fora” neighborhood stores, Thrash! discount stores, “Bila Romashka” pharmacy supermarkets, and E-ZOO pet stores.

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“Silpo” Opens New Designer Supermarket at Taryan Towers in Kyiv

The “Silpo” supermarket chain has opened a new designer supermarket in Kyiv, at the Taryan Towers Residential Complex (12 Ioanna Pavla II Street), according to the company’s press office.

The supermarket’s design is inspired by the theme of space.

Silpo-Food LLC, which operates the Silpo chain, was established in early August 2016. As of June 2026, the chain operated 312 supermarkets.

According to YouControl, 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—to 106.013 billion UAH, while net profit amounted to 1.205 billion UAH, compared to 154.1 million UAH for the same period the previous year.

It is part of the Fozzy Group, a retail 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!” discount stores, “Bila Romashka” pharmacy supermarkets, and “E-ZOO” pet stores.

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Novus supermarket chain has expanded its network to 100 locations

The Novus supermarket chain opened its first store in Ivano-Frankivsk, which became the chain’s 100th location in Ukraine, the company’s press office reported.

“We are gradually expanding into new cities and plan to continue this trend. Ivano-Frankivsk has become an important milestone in our growth, but it certainly won’t be the last. We strive to be closer to our customers in various regions of Ukraine,” reads the Novus press release.

According to the report, the new 1,900-square-meter supermarket opened in the “Arsen” shopping center. The product range includes over 17,000 items. The store also features products from its own “Master of Taste” brand. The store has eight regular checkout lanes and eight self-checkout lanes.

As previously reported, in August, Novus opened two supermarkets in Lviv at once.

In June 2026, the Antimonopoly Committee of Ukraine authorized Novus-Ukraine LLC to lease a number of assets from the Eurotek Group, which had closed its “Fresh,” “Arsen,” “Soyuz,” and “Kvartal” supermarket chains.

Novus is a supermarket chain with 100% Lithuanian capital that has been operating since 2008 and is developed by BT Invest (Lithuania). As of mid-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 Tūmenas. The company operates a supermarket chain as well as “Mi Market” convenience stores.

According to the YouControl analytics system, Novus’s revenue in 2025 totaled 34.69 billion UAH, which is 19.55% more than in 2024.

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First Varus store in Vinnytsia will open in “PetroCenter” shopping mall

The Varus supermarket chain will open its first store in Vinnytsia on July 3, according to the company’s press office.

The new store is located in the PetroCenter shopping mall (70 Kotsyubynskoho Ave.). It offers everything needed for daily and family shopping: fresh meat and fish, fruits and vegetables, dairy products, baked goods, ready-to-eat meals, and delicacies. The store will feature a VARUS CAFE serving coffee and pizza, a bakery section, a WOK station, self-checkout lanes, and Scan&Go for quick purchases. Customers can also order items on VARUS.UA for pickup at this store at a convenient time.

According to the Ukrainian Council of Shopping Centers, this store is opening on the site of the former “EKO Market” supermarket, which was the chain’s last location in the city.

Varus is a national supermarket chain represented in Ukraine’s grocery retail market by the company “Omega.” The first store opened in 2003 in Dnipro. In 2025, seven new stores were opened. Currently, the total number stands at 119 supermarkets in various cities across Ukraine.

The chain operates in several formats: traditional supermarkets, To Go stores, and the Varus.ua online store.

According to the company, its network’s turnover in 2025 increased by 19.5% to 28.8 billion UAH. Tax payments to budgets at all levels totaled 1.99 billion UAH, which is 13.45% more than in 2024.

According to Opendatabot data, the owner of Omega LLC is the Cypriot company “Viant Enterprises Limited.” Valeria Kiptika and Ruslan Shostak are listed as the ultimate beneficiaries.

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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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