The contribution of retail and wholesale trade to the gross domestic product of Ukraine amounts to 13.8%. Before the full-scale war, 3.5 million people worked in the trade sector. Retail is a favourable environment for innovation in all areas.
In TERWIN, retail trade is represented by national networks of stores, EVA and VARUS.
EVA is the leader of the drogerie segment in Ukraine and is among the top 3 retailers in terms of online sales. More than 1,000 branded stores are established throughout Ukraine, as well as EVA’s own online store.
VARUS is one of the largest players in the Ukrainian retail market and the first innovative Darkstore in Kyiv. In terms of turnover, the network is among the five largest food retailers in the country.
In Ukraine, the contribution of logistics to the national GDP amounts to about 4%. In European neighbouring countries, it ranges from 6.5% to 10%. Compared to Poland, Ukraine loses in logistics capacity. In Poland, there are 30 million square meters of class A and B warehouses, in Ukraine – only 3 million square meters as of 2023.
As a result of shelling, 500,000 square meters were damaged, with 350,000 square meters completely destroyed.
According to the latest research, Kyiv alone needs 500,000 square meters of warehousing facilities in 2024. The rest of the regions need another 500,000 square meters. The EVA and VARUS networks will also require an increase in the logistic space. Today, VARUS has about 50,000 square meters of warehouses, EVA – about 100,000 square meters. VARUS and EVA will require an increase in warehouses to 300,000 square meters in five years.
Therefore, TERWIN has launched a large-scale infrastructure project to build logistics hubs in order to contribute to the growth of the Ukrainian economy and retail. Project for more than 1 million square meters of class A warehouses in 4 regions (Lviv, Dnipropetrovsk, Odesa and Kyiv). This is an ecosystem to raise the standards in the construction of the logistic infrastructure in Ukraine.
Even in the era of artificial brain, electric cars and cryptocurrencies, immovable property remains one of the most stable forms of investment, and despite the war and all the risks, the Corporation continues investing in immovable property, seeing the prospect for the development of the Ukrainian economy.
NEO PLAZA shopping and entertainment centre is one of the immovable property units of TERWIN. It is a modern and innovative space in Dnipro, which represents a new format of shopping with a unique composition of lessees and entertainment opportunities.
The most important investments now are made in Ukraine – in its army, economy, schools and hospitals. If it does not happen, Ukraine will not exist either. Investment is the preservation of the country. The role of the domestic investor is now more important than ever. Therefore, TERWIN has decided to invest all available money in Ukraine.
TERWIN implements a large-scale investment project – building logistic hubs of 1 million square meters. The total amount of investments will be about USD 700,000,000.
