Business news from Ukraine

RETAIL GROUP FOZZY TO CREATE NETWORK OF SPORTS CLUBS

Fozzy Group announces the creation of a network of sports clubs Apollo Next Sport-Space, the opening of the first of them is planned in September this year.
According to the company’s report, the clubs will develop in the “high value – low price” segment, that is, the clubs will be affordable, but of high quality and technology.
“When creating Apollo Next, we were inspired by the NASA space flight program. It was this program that helped carry out the first manned landing on the moon and declare to the whole world that nothing is impossible for humans. Actually, we think so too. Therefore, we are launching the following “missions to the stars” in each new club. This will even be reflected in the names of the locations: Apollo 019, Apollo 020, Apollo 123 and so on,” the company describes the concept of the clubs.
According to a press release, three such sports spaces will open in early September in Kyiv: Apollo NEXT 019 with an area of 1,300 sq m in the Dream Town 1 shopping center (1b Obolonsky Avenue), Apollo Next 020 with an area of 1,200 sq m in KharOK shopping and entertainment center (9e Dekabrystiv Street) and Apollo Next 021 with an area of 1,200 sq m in the Arena City shopping center (2a Baseina Street).
It is noted that each sports space has a group training area, a functional area for small groups, a cardio area, a stretching area, as well as a place for working with free weights and sports equipment. On the territory there is a club management center, a social space with a cafe-bar, a kiosk with a branded line of Decathlon sports equipment, accessories and sports nutrition, as well as changing rooms and showers.
Apollo Next is the first fully digitalized network of sports clubs, all interaction takes place through the website, application, facial recognition system, Apollo Next bracelet and NFC devices.
Subscription allows you to train daily for four weeks. Subscription pre-sale started on July 20, 2021.

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RETAILER FOZZY TO ATTRACT UAH 2 BLN

PJSC Fozzy Group (Vyshneve, Kyiv region), part of Fozzy Group trade and industrial group, intends to raise UAH 1.94 billion and increase its charter capital by 15 times, to UAH 32 million from UAH 2 million. According to a company report in the information disclosure system of the National Securities and Stock Market Commission, the corresponding decision was made at an extraordinary general meeting of shareholders on October 31, 2018.
The company plans to place 30 million common registered shares, which exceeds 25% of its charter capital, with a nominal value of UAH 1 per share due to additional contributions. The placement price is UAH 64.88 per share. According to the company, the funds raised as a result of private share placement are to be invested in the corporate rights of wholesale and retail enterprises. PJSC Fozzy Group was established in 2005. Its core business is the activities of holding companies. Currently, the charter capital of PJSC Fozzy Group is UAH 2 million.

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