Velyka Kishenia opens "Ekvator" shopping centre in Chernivtsi

Velika Kyshenia (Kiev), one of the largest retail chain in Ukraine, opened a shopping center Ekvator in Chernivtsi.

There are a furniture salon, children's playgrounds, Velika Kyshenia hypermarket, a MonAmi cosmetics shop, mobile communications shop, Velika Apteka drugstore, a domestic appliance supermarket, a bank branch, a restaurant, clothing and shoes stores. An entertainment zone that includes a bowling, a pool, and a food court are located on the third floor. A parking is situated for 500 cars.

The tenants at the centre include the Domotekhnika domestic appliance supermarket, the Pizza Celentano, Colin's and SELA clothes shops, a Melafon mobile communications shop and a Monarch shoe shop.

The Ekvator shopping and entertainment center in Chernivtsi is Velika Kyshenia's seventh hypermarket and 34th commercial facility. Recently, Velika Kyshenia opened an Ekvator shopping center in Kharkiv, Kirovograd and Sevastopol.

The Retail Group company plans to obtain USD 250 million for financing a developing up to 10 shopping centres in Ukraine regions during the 2006-2008.

According to International Finance Corporation, 88% stake in Retail Group belong to its Board Chairman Roman Lunin while 12% belong to eight financial institutions (mainly European private equity funds and asset management companies).