Business news from Ukraine

Business news from Ukraine

“Alo” opened 9 new stores and renovated 54 in 2024

In 2024, the Alo chain opened nine new stores, as well as reopened and renovated 54 outlets in 19 cities, its press service reports.

“In 2024, Allo continued to invest in store development. We are also accelerating our logistics and developing the work of delivery points. In 2025, we will continue to thoroughly analyze the efficiency of the retail space and work on its further optimization,” said Mykola Astapov, Allo’s Director of Development and Formats Nikolay Astapov, Director of Development and Formats at Allo, as quoted in the press release.

According to the report, new stores were opened in Kyiv, Lviv, Ternopil, Vinnytsia and Bakhmach. In total, as of the beginning of 2025, the chain has 292 Alo, Alo Max, Alo Express stores and Mi Store stores in 100 cities of Ukraine.

Allo was established in 1998. According to the Opendatabot resource, the company’s shareholders are PE Dniproinvest 2016 (95.19%), Dmytro Derevytskyi (3.6%), and Maksym Raskin (1.21%). Derevytskyi is listed as the ultimate beneficiary.

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