Thank you for the kind opportunity to interview you. I hope you are healthy and everything is fine with Collar Company and its staff.
My talks to employees and setting clear tasks have inspired people. To achieve that, we have looked at the functions of each department of the company and formulated a single main task for each that has to be undertaken now. The employees now do the unusual jobs and offer their own ideas to combat the crisis. For example, the department of learning has started the Collar Help project, providing psychological aid to the employees against the overwhelming coronavirus panic. The corporate culture department has initiated a competition for non-standard ideas. Not only is the CEO showing initiative, but also the employees of the company.
How strongly is the pet business in Ukraine and Russia affected by the pandemic?
Until the quarantine measures in Ukraine started to soften (on 11 May), 15-20 percent of pet stores were closed. The cash flow in those shops that have stayed open hasn't changed much. Some regions have changed the assortment: now pet food and cat litter are more in demand. The online trade is picking up. Customers buy less frequently, but buy more goods at once. In general we are optimistic about the manner and time of exiting the crisis for the pet business. We are expecting minimal losses.