Business news from Ukraine

Business news from Ukraine

Ternopil cereal factory launches instant cereal production line

In 2025, the Ternopil cereal factory EKOR TZ LLC modernized its production and installed a line for the production of six types of instant cereals, the company’s press service reported on Facebook.

“The company is launching a line for the production of six types of cereals, which was implemented in cooperation with the Ukrainian equipment manufacturer OLIS with the support of partners from USAID Agro,” the statement said.

The new production line will produce wheat, buckwheat, barley, pea, and two types of oat cereals.

“For us, this is not just a new production line—it is a strategic step towards the development of the Ukrainian processing sector. We want to show that it is possible to manufacture European-level products in Ukraine using domestic raw materials and modern technologies,” said Volodymyr Didenko, director of EKOR TZ LLC, whose words are quoted in the press release.

Basis equipment is used at the cereal packaging stage. Additional equipment has been installed to control weight and a metal detector to prevent metal objects from entering the product. Product quality is checked at every stage of production.

The company intends to expand its cereal business in 2026 and will produce cereal mixes: “5 grains” and “7 grains.” In addition, the company is currently exploring the prospect of producing energy bars and muesli and researching the equipment supplier market.

EKOR TZ LLC was established in 2021 in Ternopil. It specializes in the production of cereals for the flour milling industry, which it sells under the Ekor trademark. According to information on its website, the company annually produces 8,000 tons of buckwheat groats, 5,000 tons of wheat, barley, and pea groats, which are sold in Ukraine and exported to Canada, the US, Argentina, Brazil, Africa, India, China, and other countries.

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Ternopil announces tender for purchase of buses for EUR 2 mln

The municipal enterprise Miskavtotrans of the Ternopil City Council has announced a tender for the purchase of 8-11 m long buses for a total of EUR 2 million under the Urban Public Transport of Ukraine program funded by the European Investment Bank (EIB).
According to the EIB’s announcement, the bids are scheduled to be opened on November 5 this year.
The tender documents state that the buses should be fully low-floor, with 20-35 seats.
The first batch is to be delivered no later than 32 weeks from the date of receipt of the advance payment by the supplier, and the contract is expected to last for 40 weeks. However, price is not the only criterion for awarding the contract, but all criteria are specified only in the procurement documents.
As reported, Ternopil has already tried three times to purchase buses through an international tender – the last time the tender for the purchase of 15 buses 9-12 m long was canceled at the end of 2023.
According to Etalon Corporation, a Turkish company was declared the winner, but during the tender period, prices for the equipment rose and it became unprofitable to supply them.
Initially, the tender was announced in early 2021, with applications submitted by the Belarusian MAZ and Etalon Corporation, which was expecting to win the tender, but the procedure was delayed and stopped due to Russia’s full-scale invasion of Ukraine.
Under the Urban Public Transport program, the EIB was supposed to provide a loan of up to EUR 2 million for the purchase of 15 buses by Miskavtotrans, including spare parts, equipment and tools for maintenance and related services.

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JYSK has opened XL store in Ternopil

On June 20, the international chain JYSK opened a new XL store in Ternopil in the Podolyany shopping center (28h Tektylna Street), the retailer’s press service reports.

“In June, we plan to open 17 new JYSK stores in 12 European countries. We are pleased that JYSK Ukraine is part of this expansion. Despite the air alerts, we have opened two new stores this month,” the press service of JYSK Country Director in Ukraine quotes Yevhen Ivanitsa as saying.

The new store is the second in Ternopil, with a selling area of 1238 square meters, a warehouse of 410 square meters, plus a separate office space of 51 square meters. The new store in Ternopil was built according to the 3.0 concept, which provides better spot lighting, more modern design and a more comfortable zonal arrangement of goods for the customer.

The press service added that the expanded area makes it possible to offer customers a wider range of products. In particular, some of the products that are usually available only on the Internet are presented here.

Currently, there are 97 stores and the jysk.ua online store in Ukraine. The plan is to reach 100 stores by the end of 2024. The candidate cities for the 100th store have been preliminarily identified – it will be either Kalush or Kryvyi Rih in August.

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 amounted to EUR 5.2 billion.

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International chain JYSK opened a new store in Ternopil

International chain JYSK on June 20 opened a new store in Ternopil in XL format in the shopping mall “Podolyany” (28h Tekstilna street), the press service of the retailer reported.

“In June it is planned to open 17 new JYSK stores in 12 European countries. It is nice that JYSK Ukraine is part of this expansion. Despite air alerts, we opened two new stores this month,” the press service quotes Country Director of JYSK in Ukraine Eugene Ivanytsu.

The new store is the second in Ternopil, its sales area is 1238 square meters, warehouse – 410 square meters, plus a separate office space of 51 square meters. m. The new store in Ternopil is built according to the 3.0 concept, which implies better spot lighting, more modern design and more comfortable for the customer zonal arrangement of goods.

The press-service added that the expanded area allows to offer customers a wider range of goods. In particular, some of the goods, which are usually available only online, are presented here.

Currently, 97 stores and the online store jysk.ua operate in Ukraine. By the end of 2024 it is planned to reach the mark of 100 stores. The candidate cities where the 100th store will be opened have been preliminarily determined, it will be either Kalush or Krivoy Rog already in August.

JYSK has over 800 employees in the country.

JYSK is a part of family Lars Larsen Group with more than 3.4 thousand stores in 48 countries.

JYSK’s revenue in fiscal year 2022/23 amounted to EUR5.2 billion.

 

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BES eliminates illegal alcohol business in Lviv and Ternopil regions

Employees of the territorial department of the Bureau of Economic Security (BES) in Lviv region exposed a scheme for the illegal production and sale of alcoholic beverages in Ternopil and Lviv regions, the press service of the BES regional office reports.

“The investigation revealed the location of warehouses with vodka and cognac. The alcoholic beverages were delivered to one of the enterprises in Lviv, which distributed counterfeit alcohol through retail stores,” the statement said.

Counterfeit alcohol was distributed in a network of more than 300 stores.

“During the searches in Ternopil, about 61 thousand liters of liquid with the smell of alcohol and an alcohol production line were seized,” the BES reports.

At the same time, law enforcement officers seized more than 46 thousand liters of counterfeit alcohol, as well as containers and equipment for packaging alcoholic beverages, and financial and business documents at the company’s premises in Lviv region.

“According to the decision of the Lychakiv District Court of Lviv, the seized property worth more than UAH 26 million was seized,” the statement said.

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TERNOPIL AND RIVNE ARE LEADERS IN CONSTRUCTION WORK IN UKRAINE

The volume of construction work performed in Ukraine in July 2021 increased 0.5% compared to the same period in 2020.
According to the State Statistics Service, in January-July 2021 compared to January-July 2020, the index of construction products amounted to 100%. The volume of construction work completed amounted to UAH 76.8 billion.
According to the statistics authority, in July 2021 the seasonally adjusted index of construction products amounted to 92.6% compared to the previous month.
The State Statistics Service reported that in July 2021 compared to July 2020, an increase in the volume of construction work was observed in residential construction by 40.2%, nonresidential – by 1.1%, while in engineering it fell by 9%.
The share of new construction of the total volume of completed construction work was 35.6%, the share of repair was 36.5%, and reconstruction and technical re-equipment was 27.9%.
An increase in the volume of construction work in January-July 2021 compared to January-July 2020 was recorded in Ternopil (by 54.8%, to UAH 1.8 billion), Rivne (by 23.9%, to UAH 1.6 billion), Volyn (by 10.8%, to UAH 1.2 billion), Cherkasy ( by 18.8%, to UAH 1.3 billion), Ivano-Frankivsk (by 14.8%, to UAH 1.8 billion), Khmelnytsky (by 13%, to UAH 2.7 billion), Odesa (by 5.8%, to UAH 11.9 billion), Donetsk (by 6.5%, to UAH 4.1 billion), Kharkiv (by 9.4%, to UAH 9 billion), Kyiv (by 8%, to UAH 7 billion UAH) regions and Kyiv city (by 0.3%, to UAH 22.3 billion).
In other regions, there was a decrease in construction volumes. The most significant drop was seen in Chernivtsi (by 30.6%) and Kirovohrad (by 33.2%) regions.

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