Ukraine’s largest one dollar store chain Aurora invested UAH 2.5 billion in the development of the chain in Ukraine in 2024, said CEO Taras Panasenko.
On Facebook, he said that the chain’s revenue for the year amounted to UAH 38.5 billion (excluding VAT), with more than 10 million unique customers.
“More than 600 partners of Aurora Multimarket are Ukrainian producers. They supply 46% of the assortment of Ukrainian products to our store shelves. 70% of them are non-food products. Together with our customers, we are giving new life to the Ukrainian light industry. In addition, this means additional billions of hryvnias of added value in Ukraine and tens of thousands of people employed. It is also an export window for Aurora in Romania,” he wrote.
“In 2024, Aurora Multimarket paid UAH 6.4 billion in taxes and fees, including UAH 2 billion in customs duties, UAH 1.6 billion in sales VAT, and UAH 737.3 million in unified social tax.
Local budgets received a total of UAH 643.5 million in personal income tax (PIT). According to Panasenko, Aurora currently employs more than 15,000 people and creates 2-3,000 new jobs every year. The average salary at Aurora in 2024 is significantly higher than the industry average.
“Taxes on the salaries of each store or warehouse are paid to local budgets at the place of operation. So having Aurora nearby is always a plus for the city. For example, due to the fact that the head office is located in Poltava, Aurora is by far the largest taxpayer in the budget of the Poltava territorial community, having paid more than UAH 199 million in personal income tax,” said Panasenko.
The head office of the Aurora retail chain is located in Poltava. “Aurora was founded in 2011 by Lev Zhidenko, 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.
