Ukraine’s largest one dollar store chain Aurora paid more than UAH 4.5 billion in taxes and fees in January-September 2024, including more than UAH 455 million in personal income tax (PIT) to local community budgets, said Taras Panasenko, CEO of the chain.
According to him, the company is the largest taxpayer in the Poltava territorial community over the three quarters of this year, with revenues amounting to UAH 139.9 million.
Of the total taxes paid, UAH 1.37 billion was customs duties, UAH 1.36 billion was VAT on sales, UAH 522 million was a single social contribution, UAH 803.1 million was income tax, and UAH 37.9 million was military duty.
“It is equally important to support local manufacturing businesses. More than 500 of Aurora’s partners are Ukrainian manufacturers. They supply more than 47% of the range of Ukrainian products to our store shelves. 80% of them are non-food products,” said Panasenko.
In addition, 25 Ukrainian manufacturers export their products for sale in the Aurora chain in Romania.
According to the entrepreneur, in October, Aurora intends to sell UAH 1 billion worth of goods participating in the National Cashback program.
The head office of the Aurora retail chain is located in Poltava. “Aurora was founded in 2011 by Lev Zhydenko, Taras Panasenko and Lesya Klymenko. As of October 1, 2024, the chain has 1533 stores in Ukraine and 25 in Romania. The company employs about 14 thousand people.
According to Opendatabot, the owner of Vygidna Kupil LLC, which develops the chain, is Aurorityl Investments Limited of Cyprus, and its beneficiary is Zhydenko. The Cypriot company also owns Prior Development LLC, Seven A LLC, Promyslova 9 LLC, and Tak LLC.
