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MARKET NEWS: 2016, August 16 – August 22

  • Commerce and Industry Group Fozzy Group (Kyiv)begins to develop a new retail chain stores, discounters, “Thrash!” in Ukraine . According to the report, the first stores, “Thrash!” will be opened in Kharkiv.
    According to Fozzy Group, as part of the network test the concept before the end of August 2016 is planned to open eight stores “Thrash!” in different regions of the country.
    As noted by Fozzy Group  feature of the new retail chain will be the prices of goods, which will be mainly below adopted at the market.
  • Agroholding “Myronivsky Hliboproduct” (MHP), a major producer of chicken meat and grain, plans to open a trading company in Egypt. This was reported by the financial director of MHP Victoria Kapelyushnaya, transmit “Ukrainian News”. Kapelyushnaya noted that currently MHP already owns a trading company in the United Arab Emirates.
  • Holding “Bread investments” are going to build a new bakery in order to increase its capacity up to 200 tons of bread per day. OJSC “HC” Bread investments” is one of the largest Ukrainian holding companies for the production of bread, which occupies 7% of the market of bakery products in Ukraine. History of development has more than 8 years of experience in the bread market.

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