Business news from Ukraine

Business news from Ukraine

“Aurora” opened 70 new stores and earned UAH 10.6 bln for quarter

1 May , 2025  

In the first quarter of 2025, Ukrainian one-dollar store chain Aurora (Vygidna Pokupka LLC) increased its revenue by 32.5% compared to the same period in 2024, to UAH 10.6 billion.

“We have summarized the results of Aurora Multimarket for the first quarter of 2025. The company’s revenue amounted to UAH 10.6 billion (UAH 12.7 billion including VAT). During this time, we have opened more than 70 new stores in Ukraine and Romania. We are constantly creating new jobs, our team is already more than 15.5 thousand people,” said Taras Panasenko, CEO of the chain, on Facebook on Wednesday.

As reported by the Ukrainian Council of Shopping Centers with reference to YouControl, in the first quarter of 2024, the retailer’s revenue amounted to UAH 8 billion, which is 55.2% more than in the same period in 2023.

According to Panasenko, in January-March of this year, the chain paid more than UAH 2.1 billion in taxes and fees to budgets of all levels, including UAH 210.9 million in personal income tax to local community budgets.

As reported, Aurora’s revenue in 2024 increased by 42.5% to UAH 38.5 billion (excluding VAT).

“Aurora was founded in 2011 by Lev Zhydenko, Taras Panasenko and Lesya Klymenko. As of the end of 2024, the chain had more than 1600 stores in Ukraine and 30 in Romania. The head office of the retail chain is located in Poltava.

According to Opendatabot, the owner of Vyhidna Kupilka LLC, which develops the chain, is Cyprus-based Auroritail Investments Limited, and its beneficiary is Zhydenko.