Retail group > Fozzy Group
Fozzy Group
Founded in 1997 and based in Ukraine, Fozzy Group was founded by Volodymyr Kostelman, Roman Chihir, Oleh Sotnikov, and Yuri Gnatenko. The company, one of the leading retailers in Ukraine, is involved in several sectors such as food production, retail, bank business, restaurants, travel agency, logistics, own import, etc.
Fozzy Group has more than 700 retail outlets across the country, occupying an area of more than 1 million sqm.
In 2021, the firm partnered with Invent Analytics in order to improve its demand forecasting.
Additionally, in 2020, Fozzy Group launched a Scan & Go payment system for Silpo.
Fozzy Group employs more than 50,000 employees and archives an annual turnover of around €2.54 billion.
In 2019, 3 Silpo designer supermarkets, owned by Fozzy Group, were listed in the Europe’s Finest Store 2019 as well as the top 25 of the best innovative designs of European stores according to the European Supermarket Magazine. Silpo also won Supermarket of 2019 in FMCG, 3 years in a row, by Retail & Development Business Awards. Other titles include Innovation leader in the retail field in Ukraine and Innovation in work with clients, for its research of Mind Innovation Index 2019 together with KMPG. In 2021, the company won the Sustainability Awards.
Fozzy Group imports goods since 2005 in both the food and non-food category, collaborating with around 930 producers from 85 countries worldwide. The firm is recognised as a wine and cheese importer as well as a retail chains fish & seafood importer.
Moreover, the enterprise owns its private labels, some of which include:
- Premiya: offers goods such as organic sandwiches, cream cheese, fresh live herbs.
- Premiya Select: offers products such as Italian olive oil, Chinese tea, Greek Feta cheese, etc
- Povna Chasha: offers more than 300 items in 60 food and non-food categories
- Povna Charka: covers a range of alcoholic beverages
Fozzy Group is looking for suppliers who have market expertise, as well as regional partners specializing in the supply of solutions and implementation of services for retail.
With regards to logistics, Fozzy Group has invested in Zebra Android technology solutions such as android mobile computers and hand scanners which helped to increase the warehouse’s productivity by 20%.
The group also operates its own quality control system while maintaining full compliance with its standards in goods storage, transportation and sale. Fozzy Group owns a distribution center in Kvitnevoe, which occupies around 90,000 sqm. In 2021, the business opened a new distribution centre in Lviv named Lviv RC, which is around 20,058 sqm.
Furthermore, the company operates the CJSC (Nizhynskyi canning) production facilities for the Nizhyn brand of canned fruit and vegetables, as well as a poultry farm named Varto and a meat-processing plant named Ruta. Moreover, in 2021, the firm launched Laboratory Zi, a research and development centre for artificial intelligence and innovation.
Concerning the environment, Fozzy Group adapts to the principles of sustainable business dealings and implements measures such as environmental management, energy efficiency, water use, etc.
Headquarters
Kyiv, Ukraine
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Facts and figures
Turnover
Global workforce