Business news from Ukraine

Business news from Ukraine

“Velmart” Increased Share of Direct Shipments from Manufacturers to 53%

The “Velmart” discount hypermarket chain has restructured its supply chains and increased the share of direct shipments from manufacturers to stores to 53%, its press service reported.

“As of September, deliveries to the chain cover more than 11,000 SKUs, supplied by over 570 partner suppliers. In September, the share of direct deliveries from manufacturers in the total value of goods received rose to about 53%, while in August this figure stood at 12%,” the chain’s press release states.

According to the report, local producers supply goods to their own regions without shipping them to a distribution center. This approach reduces the burden on interregional transportation routes and allows for faster delivery of goods to stores.

In addition, “Velmart” prioritizes the supply of everyday consumer goods: dairy products, deli items, meat, baked goods, groceries, vegetables, fruits, sugar, salt, and flour. If Ukrainian-produced goods are out of stock, the chain seeks alternatives manufactured in Poland or Romania.

The “Velmart” chain is part of the multi-brand holding company Retail Group. It has 34 stores in 18 cities across Ukraine. It develops 10 private-label brands and operates seven full-cycle production facilities: meat and fish products (chilled and smoked), prepared foods, baked goods, and confectionery.

The company is also expanding the Graan Café chain of modern food courts within “Velmart” supermarkets and its “Pukhnastye Sprawy” line of pet products.

According to data from the YouControl analytics system, based on 2025 results, Foodcom LLC, which operates the “Velmart” chain, increased its net revenue by 18.7% to 23.6 billion UAH and its net profit by a factor of 3.2 to 378.6 million UAH.

Retail Group JSC is listed as the owner of Foodcom LLC, with Roman Lunin as the ultimate beneficiary.

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“Podorozhnik” Tops Ranking of Ukraine’s Pharmacy Chains by Number of Locations and Sales

The “Podorozhnik” pharmacy chain (Lviv) has topped the ranking of the country’s pharmacy chains by number of locations and sales.

According to the publication “Apteka,” second in the ranking of the largest chains by number of locations is the “Apteka 9-1-1” chain (Kharkiv), which operates under the “9-1-1” and “Apteka Wholesale Prices” brands; in third place is “Apteka-Magnolia” LLC (Zaporizhzhia), known for the brands ANC, “Kopiyka,” “Shara,” and “Blagodiya”; in fourth place is “Sirius-95” LLC (Kyiv), which operates under the “We Wish You Health” brand; in fifth place is “Pharmastor” LLC (Kyiv, “Good Day Pharmacy”).

In terms of sales volume, “Apteka-Magnolia” ranks second in the top 5, third place goes to the “Apteka 9-1-1” chain, and fourth and fifth places are held by “Sirius-95” and “Farmastor” (“Bazhaemo Zdorov’ya” and “Apteka Dobrogo Dnya”).
The publication does not report the number of retail locations, but media outlets cite varying numbers depending on the calculation method.

As the “Podorozhnik” chain clarified to the Interfax-Ukraine news agency, as of the end of August 2026, this pharmacy chain’s turnover reached 3.814 billion UAH, with approximately 2,400 retail locations.

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Ukrainian Multi Cook Opens Its First Store in Serbia

According to the Serbian business media outlet Parametar, the Ukrainian chain of frozen prepared foods stores, Multi Cook, has launched operations in Serbia. The first store opened in Belgrade at Dunavska 2.

The chain’s founder, Volodymyr Matviychuk, announced the entry into the Serbian market.

“Serbia is our newest country on the Multi Cook map. Today, Multi Cook is much more than just a franchise. It is a global Ukrainian product,” the entrepreneur wrote.

The Multi Cook product line features frozen, home-style semi-prepared foods: varenyky, pelmeni, pancakes, syrniki, cutlets, stuffed cabbage rolls, and other ready-to-cook dishes.

Multi Cook was launched in 2022 and is linked to the history of the well-known Ukrainian chain “Galya Baluvana.” It was founded in Lutsk in 2018. Later, the co-owners began developing international projects independently: Matviychuk focused on Multi Cook, while Alla and Oleksandr Teliga focused on the Wesoła Pani brand.

In 2025, Matviychuk announced his departure from the “Galya Baluvana” brand and the further development of his own brands: Multi Cook, GABAR, and MultiBar.

Currently, Multi Cook has over 270 stores in Europe, the U.S., Canada, the U.K., and other countries. Some locations operate under the MultiBar brand—in this format, customers can not only purchase products but also order ready-to-eat meals.

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“Nova Poshta” has launched Nova Books book format at its Kyiv branches

“Nova Poshta” has opened Nova Books—a specially designed book area in its branches featuring business literature for professional and personal development; the pilot program is currently operating at one of its Kyiv branches, the company’s press office reported.

According to the press release, books on economics and business are displayed in a separate showcase with a specially equipped self-service checkout counter. The Nova Books collection is based on business and economics literature selected based on recommendations from Nova Poshta’s Corporate University, as well as the company’s co-owners’ favorite books from their personal libraries.

“We are currently testing this format in Kyiv and are already seeing high demand: in just the first two days, customers purchased about 20 copies of business literature. Among the bestsellers are Donald Norman’s *The Design of Everyday Things* and James Clear’s *Atomic Habits: An Easy and Proven Way to Build Good Habits and Break Bad Ones” by James Clear,” noted Ivan Bilokonny, head of the new product development department at Nova Poshta.

You can purchase your favorite book from the display or online by scanning its barcode on a tablet and paying for the purchase. The purchase takes place without involving clerks or waiting in line. The book service Megogo Books is a partner in the pilot project and is responsible for providing the product selection and distribution.

“Since Megogo Books began operations, we’ve been collaborating with Nova Poshta to bridge the gap between readers and books through fulfillment and fast delivery. For us, Nova Books is a logical extension of this collaboration in a new format and an opportunity to move beyond the digital space,” said Kateryna Kotvitska, Content Director at Megogo Books.

It is reported that Nova Books will soon begin operations at two more locations in Kyiv and will open at 10 locations in the capital by the end of the year, with plans to expand to other regions thereafter. Thanks to Nova Poshta’s extensive network, the project creates a new opportunity for customers and publishers: readers gain access to high-quality books just a short walk from home, while publishers gain a new, convenient distribution channel.

As previously reported, as of July 13, 2026, the company’s network comprised 54,700 service points: 16,800 branches and 37,900 parcel lockers throughout Ukraine.
Nova Poshta’s core business remains the express delivery of documents, parcels, and palletized bulky cargo.

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Novus supermarket chain has expanded its network to 100 locations

The Novus supermarket chain opened its first store in Ivano-Frankivsk, which became the chain’s 100th location in Ukraine, the company’s press office reported.

“We are gradually expanding into new cities and plan to continue this trend. Ivano-Frankivsk has become an important milestone in our growth, but it certainly won’t be the last. We strive to be closer to our customers in various regions of Ukraine,” reads the Novus press release.

According to the report, the new 1,900-square-meter supermarket opened in the “Arsen” shopping center. The product range includes over 17,000 items. The store also features products from its own “Master of Taste” brand. The store has eight regular checkout lanes and eight self-checkout lanes.

As previously reported, in August, Novus opened two supermarkets in Lviv at once.

In June 2026, the Antimonopoly Committee of Ukraine authorized Novus-Ukraine LLC to lease a number of assets from the Eurotek Group, which had closed its “Fresh,” “Arsen,” “Soyuz,” and “Kvartal” supermarket chains.

Novus is a supermarket chain with 100% Lithuanian capital that has been operating since 2008 and is developed by BT Invest (Lithuania). As of mid-2026, the company has 173 locations and is represented in Kyiv, the Kyiv region, and a number of other regions of Ukraine. The founder and beneficial owner of the group is Lithuanian entrepreneur Raimondas Tūmenas. The company operates a supermarket chain as well as “Mi Market” convenience stores.

According to the YouControl analytics system, Novus’s revenue in 2025 totaled 34.69 billion UAH, which is 19.55% more than in 2024.

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Fozzy Group Begins Layoffs on November 1

Fozzy Group, one of Ukraine’s largest commercial and industrial groups, will lay off some employees from the holding company’s office divisions, the “Silpo” supermarket chain, and its logistics division starting November 1, 2026, due to mounting business losses resulting from Russian attacks.
As the group announced on LinkedIn, employees were informed of the organizational changes during internal meetings. Similar changes had previously taken place at the MAUDAU marketplace, as well as within the IT teams at TEMABIT Software Development and E-commerce & Ecosystem.
“Unfortunately, this means we will have to part ways with some of our colleagues from the holding company’s office teams, the Silpo chain, and the logistics division. Similar changes had already taken place at MAUDAU and within the IT teams at TEMABIT Software Development and E-commerce & Ecosystem. This is a necessary decision stemming from the fact that the war is increasingly affecting our work,” the Fozzy Group statement reads.
Between August 1 and September 25 alone, Russian attacks destroyed or damaged more than 20 of the group’s facilities, including distribution centers, supermarkets, and production facilities.
The company notes that the attacks resulted in the loss of part of its infrastructure and inventory, while ensuring the uninterrupted operation of the business is becoming more difficult and expensive. Fozzy Group is reassessing its priorities, suspending some projects and tasks, abandoning others, and seeking new solutions for the rest.
At the same time, the group continues to open stores, restore damaged facilities, and reorganize its logistics. To support these efforts, Fozzy Group is continuing to hire employees for supermarkets, warehouses, and production facilities throughout Ukraine.
“Our goal right now is to keep the business strong enough to serve our customers and have the resources to rebuild what the war continues to destroy,” the company emphasized.
Fozzy Group is one of Ukraine’s largest commercial and industrial groups and operates more than 825 retail outlets. It includes the Silpo, Fora, Fozzy, Thrash!, “Belaya Romashka,” and E-ZOO chains, as well as logistics, manufacturing, IT, and other assets.
The group’s key retail asset is Silpo-Food LLC. According to data from the YouControl system, the company’s revenue in 2025 amounted to approximately 106.8 billion UAH, up from roughly 93 billion UAH in 2024. At the same time, net financial results remained under pressure from high operating costs, logistics expenses, energy costs, and the consequences of the war.
Another major asset of the group is the “Fora” store chain, operated through Fora LLC. Its annual revenue already exceeds 30 billion UAH, making the company one of the largest operators in the Ukrainian grocery retail sector.
The combined scale of Fozzy Group’s business is significantly larger than the figures for individual legal entities, as the holding company unites dozens of companies in retail, manufacturing, logistics, the restaurant business, e-commerce, and IT. According to publicly available corporate data, the group has traditionally estimated its workforce at approximately 50,000 employees, making it one of Ukraine’s largest private employers.
Fozzy Group is owned by Ukrainian businessmen Vladimir Kostelman, Oleg Sotnikov, and Roman Chigir. The group was founded in 1997 and is now one of the largest players in the Ukrainian grocery retail sector.

 

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