Ruslan Shostak, founder and co-owner of EVA and VARUS retail chains, will speak at the FIT for Ukraine: Annual Meeting.
Even during the war, retailers EVA and VARUS have ambitious business development plans—a significant plan to construct 1 million square meters of logistics hubs in Ukraine, including locations in Lviv, Odesa, Dnipro, and Kyiv. The construction of these hubs is scheduled to be completed by 2028. Currently, approximately 200,000 square meters of logistics sites are under construction. Simultaneously, negotiations are underway with Western investors interested in becoming project partners.
In 2022, the turnover of both networks reached USD 1.3 bln, compared to the pre-war figure of approximately USD 2 bln. The companies currently employ over 27,000 people. VARUS has opened at least eight stores during the year and a half of the great war, while EVA has opened 37 new stores. Over the next five to six years, EVA plans to expand to 2,000 stores, and VARUS aims to reach 1,000 stores.
FIT for Ukraine: Annual Meeting will take place on November 15 in Warsaw, Poland.
The forum will bring together government and business representatives to discuss Ukraine’s investment achievements in 2023 and outline plans for the coming year. The event is organized within the framework of the largest international exhibition on the reconstruction of Ukraine ReBuild Ukraine.
Read more:
https://ukraineinvest.gov.ua/en/fit-for-ukraine-annual-meeting/
The Forum on Investments and Transformation for Ukraine is a series of investment forums for businesses interested in rebuilding Ukraine. In 2023, more than 7,000 people from 65 countries attended FIT for Ukraine events.
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