Business news from Ukraine

LARGEST GROWTH IN RETAIL TURNOVER IN JAN-SEPT IS RECORDED IN VINNYTSIA, TERNOPIL, KYIV

Retail trade turnover in Ukraine (legal entities and individual entrepreneurs) in January-September 2019 in comparable prices increased by 9.8% compared with January-September 2018, the State Statistics Service has said.
According to the report, in September 2019 compared with the previous month, retail trade turnover decreased by 3.3%, in annual terms grew by 8.6% (September 2019 from September 2018).
The largest growth in retail turnover in January-September 2019 compared to the same period in 2018 was recorded in Vinnytsia (by 17.6%), Ternopil (by 16.9%), Kyiv (by 15.7%) regions and Kyiv (by 14.7%).

, , , ,

MCDONALD’S OPENS RESTAURANT IN TERNOPIL

Enterprise with foreign investments McDonald’s Ukraine Ltd. (Kyiv), which develops the American chain of McDonald’s fast food restaurants in Ukraine, has opened its first restaurant in Ternopil located at 30, Hetmana Mazepy Street. The press service said that the new restaurant with 112 seats indoors and 128 seats outdoors is located in a one-story building with an area of 520 square meters. Around 100 employees service some 2,000 clients every day. The restaurant has the McDrive service.
The McDonald’s restaurant in Ternopil has become the ninth restaurant of the new format in Ukraine.
The first McDonald’s outlet in Ukraine opened in Kyiv on May 24, 1997.
Enterprise with foreign investments McDonald’s Ukraine Ltd. develops the chain.

, ,

TRADE CENTER IN TERNOPIL WANTS TO BEGIN CONSTRUCTION OF SECOND STAGE WORTH $15 MLN

Terkuriy-2 LLC (Ternopil region), the owner of the Podoliany shopping and entertainment center with an area of 50,000 square meters, plans in 2019 to begin the construction of the second phase of the facility worth about $15 million.
“We are preparing an updated format, want to increase the trade area by 15,000 square meters, to 55,000 square meters. The total area will be about 80,000 square meters,” director for development at the Podoliany trade center Tetiana Chubak told the agency during the Retail & Development Business Expo 2018 exhibition in Kyiv.
She said that investment in the new area of 50,000 square meters will be about $500 per sq m. Currently, according to the website of the center, the total area of the facility is about 50,000 square meters.
According to Chubak, the project provides for an increase in the number of parking places to 1,500 from 1,300, including a two-level parking lot. The commissioning is planned for 2020.
The Podoliany center at 28Ch Tekstylna Street in Ternopil was opened in 2007.
According to Chubak, attendance of the shopping center last year amounted to 6 million people.

, ,