Business news from Ukraine

ATB-MARKET OPENS FIRST STORE IN CHERNIVTSI

26 November , 2019  

ATB-Market LLC (Dnipro), owning the discount shop chain in Ukraine and part of the ATB Corporation, on November 15, 2019 opened its first store in Chernivtsi region, the press service of the company reported on Monday.
The new ATB store in the updated concept started operating at 219-E, Ruska Street in Chernivtsi. This is the 21st retail outlet that the company has opened in the Western region since the beginning of 2019. In general, the outlet became the 1043rd facility of the ATB network. Thus, on November 18, the company is present in 265 settlements and 24 regions of Ukraine.
“The priority for the development of the ATB group of companies this year remains to increase the presence of the company in the western and southern regions of Ukraine, as well as the continuation of work on updating retail facilities,” Director General of ATB Corporation Borys Markov said in a statement.
As reported, ATB-Market LLC in January-September 2019 increased goods turnover to UAH 86.3 billion, which is 17.2% of total goods turnover of Ukrainian retail enterprises.
In January-September, the average receipt for ATB stores increased by 14.9% or UAH 13.46 compared to the same period in 2018 and amounted to UAH 103.90. At the same time, an increase in the share of goods in the middle price segment is seen in the total turnover.
As reported, according to the results of 2018, the turnover of the ATB chain amounted to UAH 103.9 billion.
The retail chain of ATB-Market was founded in 1993.

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