Business news from Ukraine

Business news from Ukraine

“Aurora” opens 8 new stores in Ukraine

3 September , 2024  

Aurora, Ukraine’s largest one dollar store chain, opened eight new stores across Ukraine on the eve of the fall, said Ruslan Kudrya, the chain’s development director.
“Today we have surpassed ourselves. At the end of the week, month and summer, we opened eight new stores across Ukraine in one day – the previous record was six,” he wrote on Facebook on August 31.
As specified in the message, three stores were opened in Kyiv, one in Chernihiv, Dnipro, Kryvyi Rih, Morshyn and Dykanka village (Poltava region).
As reported, Aurora intends to open 400 new stores by the end of this year and reach 2,000 outlets in Ukraine by the end of next year.
“Aurora was founded in 2011 by Lev Zhidenko, Taras Panasenko and Lesya Klymenko. The head office of the Aurora retail chain is located in Poltava. Today, the chain has more than 1400 stores in Ukraine and 25 in Romania.
According to Opendatabot, the owner of Vygidna Kupilka LLC, which develops the chain, is listed as Cyprus-based Aurority Investments Limited, with Zhydenko as its beneficiary. The Cypriot company also owns Prior Development LLC, Seven A LLC, Promyslova 9 LLC, and Tak LLC.
At the end of 2023, the network’s net profit amounted to UAH 4.1 billion, and net income – UAH 27 billion.

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