Business news from Ukraine

Business news from Ukraine

GOODS TURNOVER AT FOOD CHAINS OF FOZZY GROUP 26% UP

Fozzy Group in 2018 increased goods turnover at its food chains Fora, Silpo, Thrash!, Fozzy Cash & Carry by 26% compared to 2017, to UAH 78.8 billion, the press service of the company has reported.
“In 2018, goods turnover at the retail grocery chains of the group amounted to UAH 78.8 billion, which is 26% more than in 2017. Thus, Fozzy Group continued its development in 2018: this brought UAH 2.9 billion in taxes to the national budget. In particular, Silpo-Food LLC is among the top three largest taxpayers in Ukraine among retailers in 2018, according to the State Fiscal Service,” the report said.
According to the report, in 2018 some 25 new stores were opened, in particular, seven Silpo in five cities of Ukraine, 12 Fora stores and six Thrash! discount stores. The total number of Fozzy Group stores at the beginning of 2019 was 686.
The group also opened two new restaurant projects in 2018: the Cuban restaurant and bar Escobar and an establishment with the aesthetics of the world bars Who & Why Drinkery. The innovative postal and logistics operator Justin also was launched, its 500 branches are already located in the stores of Fozzy Group.

, , ,

RETAIL TRADE TURNOVER IN UKRAINE INCREASES IN JAN-FEB

Retail trade turnover in Ukraine in comparable prices in January and February 2019 increased by 6.8% compared to January and February 2018, to UAH 150.913 billion, the State Statistics Service has reported.
According to its data, in February 2019 retail trade turnover compared with January 2019 decreased by 4.4%, and compared with February 2018 it grew by 7.2%.
The largest increase in the retail trade turnover of enterprises (legal entities and individual entrepreneurs) in January and February 2019 compared with January and February 2018 was recorded in Zakarpattia (by 14.6%), Kyiv (by 11.1%), Vinnytsia (by 10.1%), Lviv (by 9.5%), Ivano-Frankivsk (by 8.9%), Dnipropetrovsk (by 7.9%), Odesa (by 7.8%), Ternopil (by 7.7%) and Rivne (by 7.5%) regions.
The leaders in absolute terms of the volume of retail turnover for the specified period are: Kyiv city (UAH 28.781 billion), Dnipropetrovsk (UAH 14.208 billion), Kharkiv (UAH 12.243 billion), Odesa (UAH 10.685 billion), Kyiv (UAH 10.627 billion) and Lviv (UAH 9.455 billion) regions.
According to statistics, in January and February 2019 compared to 2018, retail trade turnover in Donetsk region increased by 7.2%, to UAH 4.754 billion, and Luhansk region – by 3.4%, to UAH 1.395 billion.
The State Statistics Service said that the turnover of retail enterprises (legal entities) February 2019 compared with February 2018 increased by 7.9%, and compared to January 2019 decreased by 4.3%, to UAH 53.505 billion. In January-February 2019 the turnover of retail enterprises rose by 7.4%, to UAH 109.203 billion.
The wholesale turnover of enterprises in January and February 2019 compared with January and February 2018 decreased by 5.7% and amounted to UAH 301.309 billion.
As reported, the retail trade turnover of Ukraine in 2018 increased by 6.1%.
The State Statistics Service noted that the data are given excluding the temporarily occupied territory of the Autonomous Republic of Crimea, the city of Sevastopol and the area of the joint forces operation.

, ,

RETAIL TRADE TURNOVER IN UKRAINE INCREASES BY 6.1% IN 2018

Retail trade turnover in Ukraine in 2018 in comparable prices increased by 6.1% compared with 2017, the State Statistics Service has reported. According to the State Statistics Service, retail trade turnover in December increased by 19.1% compared to November 2018 and by 4.9% compared to December 2017.
The largest growth in retail trade turnover at enterprises (legal entities and individual entrepreneurs) in 2018 compared to 2017 was recorded in Luhansk (by 26.8%), Donetsk (by 14.2%), Zakarpattia (by 12.7%), Poltava (by 12.3%), Vinnytsia (by 11.1%), Ivano-Frankivsk (by 10.7%), and Ternopil regions (by 10.1%).

,