12:48 19.01.2015

Goods for Epicenter hypermarkets in Luhansk, Donetsk regions unsupplied, stock being sold

2 min read
Goods for Epicenter hypermarkets in Luhansk, Donetsk regions unsupplied, stock being sold

Epicenter K LLC, part of Epicenter Group (both based in Kyiv), which develops a network of home improvement DIY stores in Ukraine, has reported that goods are not being supplied to hypermarkets in Luhansk and Donetsk regions and that ending stocks are being sold in the region, the company's press service has reported.

The Epicenter hypermarket in Donetsk denied that the store was closed.

"No, we're not closing," a store representative told Interfax-Ukraine.

The company said that laws banning the financial and economic operations of companies in occupied territories in Donetsk and Luhansk regions have not been made by Ukrainian authorities.

"Taxes from economic operations are paid not in Donetsk region by hypermarkets operating there, but at the place of the registration of Epicenter K LLC," reads the report.

The company said that in Crimea, Epicenter K LLC is not operating, as the law on the creation of the free economic zone in Crimea took effect on September 27, 2014.

As of December 1, 2014, four out of six hypermarkets in Luhansk and Donetsk regions were open (two in Donetsk and one each in Mariupol and Horlivka).

Epicenter K opened its first Epicenter hypermarket in Kyiv in December 2003. The chain owns 47 stores in Ukraine, including one in Luhansk that was destroyed.

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