Growth of retail space in Ukraine

Nova Liniya started up three more stores in Ukraine during the fourth quarter of 2008. A DIY superstore with an overall retail area of 20 000 m², including builders' yard (2 500 m²) and garden centre (1 500 m²), was officially opened in Uzhgorod on 25 October. Three weeks later came the opening of another Nova Liniya in Kharkov. This DIY store, which is 17 500 m² in size, spreads over two levels and also includes both builders' yard (1 800 m²) and garden centre (1 000 m²). The company's expansion continued with the opening of its 13th store in Kremenchuk on 5 December. This is 19 500 m² in size altogether, with 3 000 m² allocated to building materials and 1 000 m² to the garden centre. Five more new openings are scheduled for 2009 as well.