Business news from Ukraine

POLISH COMPANY TO OPEN STORE IN KHARKIV

The shops of the Polish LPP group – Cropp, House, SinSay – will open in the Kharkiv-based Planeta Mall, the Ukrainian Trade Guild (UTG), acting as the exclusive broker of the project, has told Interfax-Ukraine.
Each brand will be presented in a mono-brand store format. The SinSay area will be 1,311 square meters, House – 762 square meters, Cropp – 712 square meters. All LPP brands will be opened in an updated format, with spacious sales areas and an improved product display, UTG said.
The SineSay brand is aimed at a young audience, offering both casual clothes and original party outfits.
The House range includes stylish clothing, comfortable shoes and practical accessories for men and women.
Cropp is streetwear from a Polish manufacturer. When creating clothes of this brand, designers are inspired by modern pop and hip-hop culture.
The total area of Planeta Mall is 110,000 square meters, of which lettable area is 70,000 square meters.
The Planeta Mall will house more than 120 stores, 15 restaurants and anchor tenants: the Silpo grocery supermarket on 4,000 square meters, the JYSK department store for home goods on 1,400 square meters, the children’s entertainment center Smile Park on 3,000 square meters, seven-screen cinema Wizoria, more than 10 international clothing and footwear department stores. The largest assortment of electronics operators among all Kharkiv shopping and entertainment centers will also be presented: Comfy (1,000 square meters), Foxtrot (1,000 square meters), and Eldorado (840 square meters).
A parking lot for 1,000 cars will be located next to the facility. The opening is scheduled for March 2022.

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KSG AGRO PLANS TO LAUNCH NEW SOW HOUSE

KSG Agro plans to increase pig numbers by 50% in 2019, according to a company report on the Warsaw Stock Exchange (WSE).
“We want to double the number of pigs by 50% – from the existing 60,000 at the fattening stage to about 100,000 heads. This is a level that is safe in terms of availability of feed,” KSG Agro CEO Andriy Skorokhod said.
The Ukrainian holding also plans to set up an enterprise for the selection of sows with a capacity of 2,000 heads with a group of investors at the first stage (a total of three stages of the project are planned).
“Negotiations with partners continue, the project will involve the Danish fund and the Ukrainian retail chain, and we intend to cover 30% of the project’s shares. We plan to sell sows not only to the Ukrainian market, but also to foreign markets, and we have some experience in selling to China and Georgia,” Skorokhod said.
According to him, a fall in the number of pigs in the world, in particular because of the ASF, contributes to the plans of the agricultural holding. More detailed information will become known in a few months.
KSG Аgro is a vertically integrated agricultural group, working in almost all the segments of the agricultural market, including the production, storage, processing, and sale of agricultural products.

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