Retailer Epicenter K ramps up investment to $2 billion to develop in next two years

Ukrainian retail giant Epicenter K will invest an additional $800 million to develop its businesses by the end of 2022, on top of the $1.2 billion it had already announced, the chain’s director general Petro Mykhailyshyn told Interfax-Ukraine on Feb. 26.

Investments will include $100 million for grain elevators, $96 million for ceramics factories, $46 million to produce construction material and $100 million for solar panels on the roofs of the retailer’s hypermarkets.