Why retail is a promising niche in Ukraine: the numbers speak for themselves

Retail in Ukraine is showing steady growth and is a key player in the country’s economy. In addition to its direct contribution to the state budget, this industry contributes to the development of the economy on many levels:

• Jobs: The construction and operation of shopping malls create thousands of jobs for engineers, builders, sellers, and managers, which helps reduce unemployment and maintain social stability.
• Income growth: More jobs mean higher salaries. This stimulates consumption, as people spend money on goods and services, supporting other sectors of the economy.
• Tax revenues: Contributions in the form of personal income tax, income tax, and VAT increase the state’s ability to finance key sectors: social protection, education, healthcare, and defense.
• Investments: The announced opening of 13 new shopping malls in 2024 confirms the market’s prospects for investors. This is a signal that even during challenges, the economy continues to function and develop, attracting new capital.

We are happy to be part of this industry and are already preparing to open one of the largest shopping malls in the country!