Business news from Ukraine

Business news from Ukraine

Oleksandr Gavrysh Has Been Appointed Director of Lavina Mall

Oleksandr Gavrysh has been appointed director of Lavina Mall, replacing Dmytro Lashin in this position, according to OpenDataBot.

As previously reported by Dmytro Lashyn, CEO of Lavina Mall and Blockbuster Mall, his contract with Mandarin Plaza Group ended after eight years; the decision not to renew it was mutual. Inna Dzyadzin, who was responsible for leasing at Lavina Mall, Mandarin Plaza, Blockbuster Mall, and Ocean Mall, also announced the end of her contract after nine years with Mandarin Plaza Group.

“We will introduce the new management team shortly. We will share our plans for the group’s further development later,” Alexander Chernitsky, director of the Mandarin Plaza Group, told the Interfax-Ukraine news agency. He added that the group’s asset in the Petrivka district of Kyiv (Book Market LLC) is currently the most pressing issue: “Almost everything there has been destroyed. We have not yet fully assessed the full extent of the damage.”

Mandarin Plaza Group is a developer and management company engaged in the operational management of commercial real estate in Ukraine. It manages the following completed projects: Mandarin Plaza, Lavina Mall, and Blockbuster Mall; Ocean Mall is in its final stages of construction (with a total area exceeding 940,000 square meters); and seven projects are currently under development.

, ,

Dmytro Lashin, Director of Lavina Mall, Is Leaving Company

Dmytro Lashin, director of Lavina Mall in Kyiv, is leaving Mandarin Plaza Group after eight years in the position.

“Today marks exactly eight years since I started working at Mandarin Plaza Group. And I want to let you know that my contract has ended,” Lashin announced on LinkedIn.
The Lavina Mall, with a total leasable area of 127,000 square meters, opened in early December 2016.

According to the YouControl analytics system, the authorized capital of Lavina Shopping Center LLC (Kyiv), established in 2013 and owner of the Lavina Mall in the capital, amounts to 279 million UAH. As of August 2026, the owners of Lavina Shopping Center LLC are the Cypriot company Ixoria Business Limited (90%) and JSC ZNVKIF “Asborn” (10%), with Marina Dorokhina listed as the ultimate beneficial owner.

According to its 2025 financial results, the company generated 1.5 billion UAH in revenue, a 14.68% increase compared to 2024, with net profit totaling 43,857,000 UAH—238 times higher than the previous year.

, , , ,

Dreame to open its first showroom in Ukraine at Lavina Mall

Dreame, a manufacturer of innovative cleaning and hair care appliances, is opening its first showroom in Ukraine at Lavina Mall (6D Berkovetska Street), according to the mall’s press service.
The opening of the showroom is scheduled for October 11-12.

“We are confident that the interactive Dreame showroom will not only strengthen the pool of tenants in the technology and electronics category, but also provide visitors with a unique customer experience that meets the highest standards of modern retail,” commented Inna Dzyadzin, leasing director at Mandarin Plaza Group.

Unlike a traditional store, the 53 sq. m Dreame showroom is designed as an interactive zone where visitors can try out the appliances in action. To this end, several themed corners have been set up: a robot vacuum cleaner zone, a vertical vacuum cleaner section, and a beauty zone with hair care devices.

The Dreame brand is a sub-brand of Chinese giant Xiaomi, founded in 2017 and quickly gaining popularity around the world thanks to its combination of high technology, modern design, and focus on the real needs of users. Today, Dreame products are available in more than 100 countries, and the opening of the first showroom in Ukraine is another step in the company’s global development.

, ,

LAVINA MALL POSTS UAH 210 MLN OF LOSS IN 2020

Lavina trade center LLC (Kyiv), the owner of Kyiv’s shopping and entertainment center Lavina Mall at 6 Berkovetska Street in Sviatoshynsky district of the capital, over 2020 received a net loss of UAH 210.8 million against a net profit of UAH 125 million in 2019.
According to the company’s statement in the information disclosure system of the National Securities and Stock Market Commission, its revenue decreased by 12.6%, to UAH 761.4 million.
At the same time, last year’s gross profit increased by 16.7% and amounted to UAH 473.4 million, while operating profit decreased by 79.3%, to UAH 114.7 million.
The uncovered loss of Lavina LLC increased 2.6 times, to UAH 338.4 million. Long-term liabilities increased by 56.5%, to UAH 2.52 billion, current – by 26.3%, to UAH 2.48 billion.
The company’s assets for the year increased by 29%, to UAH 5.41 billion.
Lavina LLC was founded in 2013. Its core business is the leasing and operation of own and rented property.

,

LAVINA MALL SEES UAH 248 MLN OF NET LOSS

Lavina Mall LLC (Kyiv), the owner of Kyiv-based Lavina Mall located at 6, Berkovetska Street, saw a net loss of UAH 248 million in January-September 2020 against a profit of UAH 116.2 million for the same period in 2019.
According to the company’s information disclosure system of the National Securities and Stock Market Commission, its revenue fell by 17.8% to UAH 520 million.
At the same time, gross profit for the reporting period increased by 7.8% and amounted to UAH 307.7 million, while the financial result from operating activities amounted to UAH 20.2 million loss against profit last year.
The uncovered loss of Lavina Mall LLC increased almost threefold – to UAH 375.6 million.
Long-term liabilities of the company increased by 47.2% to UAH 2.37 billion, current liabilities increased by 19.8% to UAH 2.35 billion.
The assets of the enterprise increased by 21.5% – to UAH 5.1 billion.
Lavina Mall LLC was founded in 2013. The main activity is the leasing and operation of own and rented property.

, ,

KYIV-BASED LAVINA MALL GETS UAH 169 MLN NET LOSSES IN Q2

Lavina Mall LLC (Kyiv), the owner of Kyiv-based Lavina Mall located at 6, Berkovetska Street, saw UAH 169.1 million in net loss in April-June 2020 compared with UAH 92.6 million of profit a year ago. The company reported in the information disclosure system of the National Securities and Stock Market Commission of Ukraine, that in Q2 2020 its revenue fell by 28% year-over-year, to UAH 301.4 million.
In the second quarter compared with the first one, the company’s net loss decreased 18.3%, revenue increased 40%.
Gross profit decreased 5.7% and amounted to UAH 184.1 million, while operating loss amounted to UAH 21.9 million compared with profit in the second quarter of last year.
The uncovered loss of Lavina Mall LLC increased 2.3-fold, to UAH 296.7 million. Noncurrent liabilities increased slightly to UAH 1.637 billion, current grew by 17.8%, to UAH 2.316 billion.
The company’s assets in the second quarter increased 5% and amounted to UAH 4.4 billion.
Lavina Mall LLC was founded in 2013. The main activity is the leasing and operation of own and rented property.

,