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Friday, April 6, 2007

Another shopping centre from Velika Kishenia

Velika Kishenia, one of the leading Ukrainian retailer opened a new shooping and leisure centre "Ekvator" is the Chernivtsi. This is the 14th city in Ukriane when the Velika Kishenia operate and 5th where there are such retail format.

Notably, the first objects were not in the Kiev, but in Kirovohrad, Nikolaev, Sevastopol and Kharkiv. According to the management, the company is interested to open retail centers and hypermarkets in each city with a population exceed 50,000 people, despite in the Kiev the people have strongly buying force.

Developing a regional zones declared as a priority, it is active expansion in the regions. According to developing plan, which was launched in September last year Velika Kishenia for 3 years (2006-2008) will build more than 10 shopping centers. For that purposes they borrow about USD 250 mln. Thus a significant part of the total 35 supermarkets and hypermarkets declared at the opening would be in their own buidings. Investment consultant of project is Dragon Capital.