Kyiv’s largest shopping center, Respublika Park, made a significant contribution to the Ukrainian economy throughout the year 2023. The shopping center has paid taxes and fees of over UAH 122 million to the government’s treasury. While being in strong partnership with its partners, Respublika Park has additionally shown a commitment to strong social responsibility with their donations of more than UAH 27 million to charity causes across the country. These mainly included the support of Ukrainian military forces and delivery of medical equipment for children’s hospitals. These initiatives became highly successful due to the high number of visitors, namely over 15 million people visited the mall last year.
According to the statements of Yulia Shchaslyva, CEO of Respublika Park shopping mall, even during the wartime challenges in 2023, the shopping mall has managed to replenish the state budget while having paid over UAH 122 million. It is crucial to mention that this sum is a pure mall’s contribution, hence each store operating within the walls of Respublika Park pays taxes from their profits independently. And that was not the limit. The shopping center could successfully support charity by making donations of more than UAH 27 million to support Ukrainian military forces, families and children who have suffered from the war actions. The representatives of Respublika Park truly believe that businesses should take responsibility to aid Ukraine financially along with doing significant humanitarian efforts during these tough times.
Being far more than just an ordinary place for shopping, Respublika Park became a kind of a cornerstone between the capital’s social and economic landscapes. The mall counts over 280 stores and employs over 8,000 people, thus having success in building up a dynamic community. The partners of Respublika Park along with their responsible businesses truly recognize the essentials of a healthy tax base. Both international and domestic venues contribute significantly to the state budget as an outcome.
Respublika Park holds the title of the largest one across the whole Eastern Europe since it was opened in November 2021. This shopping mall spans a massive area of 300,000 square meters. The ownership for this venue belongs to Trafin Consulting und Entwicklungs GmbH, a leading real estate developer across Central and Eastern Europe. Additionally the mall amazingly symbolizes the commitment of Trafin to the Ukrainian economy.
Since the very first days of the war Respublika Park hasn’t terminated its support for Ukraine. To date the shopping mall participates proactively in charitable initiatives, thus supporting the military, rebuilding war-torn housing, aiding families who have suffered from the war-related actions, and additionally providing vital care for children with cancer.
Respublika Park has a strong partnership with the reputable partners, who are the true leaders in the industry. The shopping mall collaborates closely with the National Bank of Ukraine, fundraising platforms like “Come Back Alive” and UNITED24, and charitable foundations like “Tabletochki” and “Ukraine-EU. Development and Reconstruction.” It became additionally possible for Respublika Park to establish a committed volunteer team, which is engaged in supplies sourcing and delivery directly to Ukrainian military brigades.
Respublika Park still remains to be one of the driving forces of economic activity in Kyiv. The team of this shopping center is dedicated to maintain responsible business practices and continues the long-term support for Ukraine. Not to mention Respublika Park plays a crucial role in the nation’s here and now.
For information. Opened in November 2021, Respublika Park still holds the leading position as a true shopping giant in Kyiv. This super regional mall occupies a substantial area of 300,000 square meters. This impressive object is under possession of a renowned leader in the real estate industry Trafin Consulting und Entwicklungs GmbH, an Austrian enterprise, which was founded more than dozens of years ago, back in 2013. Not to mention that Trafin is not a newcomer, yet a game changer. The company shows its proper presence in the markets of Central and Eastern Europe. Moreover, Trafin makes huge investments in the development of versatile retail, hotel and residential complexes across many countries and participates in the investment sector of Ukraine, being a major shareholder of Respublika Park.