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JYSK marks 20 years in Ukraine with store #100

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Category: Expansion

JYSK stays committed to supporting our Ukrainian organisation and the rebuilding of the country with investments in new stores and local job opportunities.

Veles
From the opening of a store in Ukraine earlier this year.

Today, on 3 October 2024, JYSK marks two big milestones in Ukraine with the opening of store number 100 in Chernivtsi in south-west Ukraine and the 20th anniversary of JYSK in the country. The opening will be celebrated with great offers and donations to charity organisations.    

The first JYSK franchise store opened in Ukraine in October 2004, and in 2012, JYSK took over the business with 10 stores at the time.

“We are proud to reach these two important milestones for JYSK in Ukraine and especially of the resilience shown by our Ukrainian JYSK organisation. We believe that there is a bright future for Ukraine, and we want to do our part to rebuild the country and ensure jobs opportunities. We look forward to being able to celebrate with our colleagues after the war and we continue to support them and their plans for further expansion,” says Rami Jensen, President and CEO of JYSK.

Investments continue despite war

Rami Jensen
Rami Jensen, President & CEO

Since February 2022, JYSK has opened 20 new stores, upgraded 17 existing stores to the successful 3.0 store concept and rebuilt six stores damaged or destroyed by Russian bombs.  

“We trust in our Ukrainian country organisation and we invest for long-term presence in the country. But the business opportunity really comes second to our employees. In this tragic situation, the most important thing for us is our employees and that they can stay safe at work. We follow their lead on what is possible in Ukraine, and we are very impressed by their will to continue to expand and their hard work and dedication to JYSK,” says Rami.

JYSK closed its 13 stores in Russia and left the country permanently in March 2022 due to the invasion of Ukraine.

Facts about jysk ukraine

  • JYSK has 880 employees in Ukraine
  • 70 have been drafted to war
  • Three JYSK employees have tragically lost their lives in battle
  • JYSK continues to pay wages to drafted employees and has sponsored furnishing for housing for employees who have lost their homes due to the war.
  • JYSK has donated approximately 1.5 million EUR to veterans of the war, charities and nonprofit organisations in Ukraine

 

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