Business news from Ukraine


13 February , 2018  

Fozzy Group retailer has purchased the first batch of 40 Mercedes-Benz trucks for a total value of EUR5.2 million under a contract with OTP Leasing (both based in Kyiv) to finance the renewal of the truck fleet.
“Today we are upgrading our vehicle fleet with 40 new Mercedes-Benz trucks that will be used to transport products to Silpo, Le Silpo, Fora, Fozzy, Cash & Carry, Thrash! stores throughout Ukraine. The total cost of the trucks was EUR5.2 million,” the Fozzy Group logistics director said.
According to him, the company plans in 2018 to continue updating the fleet and increase warehouse space.
“We have a plan to change the entire vehicle fleet of Fozzy Group, which now consists of 579 trucks. And we plan to update part of the fleet by the end of the year. In addition, we plan to expand warehouse space in the regions by 30,000 square meters,” he added.
According to the director of logistics, the logistics structure of Fozzy Group as of February 2018 includes six warehouses with a total area of about 160,000 square meters in Kyiv, Odesa, Zaporizhia, and Kharkiv. These warehouses cover the retailer’s logistics needs by more than 95%.
The expert also noted the improvement of the situation with warehouse space in Ukraine. According to his forecasts, the quality supply of logistics real estate in the coming years will grow.
According to OTP Leasing, Fozzy Group plans to replace about 150 vehicles in 2018.