The Corporate Governance Professional Association (CGPA) is pleased to announce that Retail Group will join the Association’s partners in 2026 and support the development of CGPA’s director-related activities.

Cooperation with leading Ukrainian companies is a key component of CGPA’s development as a professional community of corporate directors. The partnership with Retail Group creates additional opportunities for the professional development of corporate directors and for implementing modern corporate governance practices in Ukraine.

About Retail Group

Retail Group is one of Ukraine’s leading retail companies, with over 25 years of experience in the food and non-food retail market. The company develops modern retail formats focused on quality service, a wide product range, and convenience for shoppers.

Retail Group manages the ‘Velmart’ hypermarket chain, the ‘Velyka Kyshenya’ supermarket chain, and the ‘ VK Express’ stores. The company’s stores are present in 18 cities across Ukraine, with a total retail space of over 160,000 m², and serve over 80 million customers annually.

The company also comprises the ‘Equator’ shopping center chain, the ‘Turbina’ entertainment center, ‘Multipark’ children’s entertainment centers, the ‘Bayard 9’ security company, Graan cafés, and ‘ Pukhasti Spravy’ pet shops. The company actively develops its own brands, ensuring an optimal balance between price and quality.

Today, Retail Group comprises over 5,000 employees, 58 retail outlets, 2 distribution centers, 4 shopping centers, and 4 entertainment centers. The company ranks among the top ten largest retailers in Ukraine.

Partnership within the board of directors’ remit

Retail Group’s partnership with CGPA encompasses support for the Association’s key initiatives, in particular:

• development of the professional community of corporate directors
• participation in CGPA events and educational programs
• exchange of practical experience and corporate governance case studies
• bringing expertise to discussions on current business challenges
• development of the competencies of board members

💬 Oleksandr Okuniev, Chair of the CGPA Board of Directors:

“I would like to express my heartfelt thanks to our new partners at Retail Group. This partnership is a great help to the Association in developing and improving our work with corporate directors. It demonstrates the growing number of private-sector representatives who understand the importance of, and are ready to support, initiatives to establish the profession of corporate director in the country and raise its profile. This is true leadership; if you like, true patriotism. I hope that other companies will support this wonderful initiative, as CGPA has many plans for new programs, projects, and research that will benefit everyone.”