Epicenter K and Nova Linia, the networks of construction materials hypermarkets, part of Epicenter group of companies, occupy a leading position in the retail construction materials market in Kyiv and Kyiv region.
According to an annual report from the Antimonopoly Committee of Ukraine (AMC) for 2017, the share of the Epicenter K trading network in the market of Kyiv is 53%, that of Nova Linia some 1.6%. The French network Leroy Merlin ranks second in the capital with 9.3%.
Epicenter also dominates in Kyiv region: the share of Epicenter K is 29.3%, that of Nova Linia some 29.8%.
“Despite the significant number of players in this regional market, market power [in 2017] belonged to one economic entity Epicenter K LLC and Nova Linia LLC. The availability of market power does not violate the legislation on protection of economic competition. The committee has not revealed any signs of violations in the actions [of Epicenter],” the AMC report says.
As reported, Epicenter acquired the Nova Linia network of construction hypermarkets in October 2013.
Epicenter K LLC was established in 2003. Its first hypermarket opened in Kyiv in December 2003.