ATB-MARKET HISTORY

Named ATB-Market short for AgroTechBusiness, the company laid the foundations for ATB Corporation. The company was incorporated in Dnepropetrovsk in 1998.

• 1993 year

  ATB chain history dates back to 1993. It had then six groceries in Dnepropetrovsk city.

• 2002 year

  Reorganization turned Soviet legacy stores to self-service market chain operating in discounter format. Product mix was reduced to 800 items, prices were kept to a minimum. ATB becomes the lowest-cost consumer-grade market outdoing the convenience stores.

• 2003 year

  ATB extends the length of its product mix to 2,500 SKUs, and later to 3,500 SKUs. A unified standard is put in place: floor area of 800 sq.m and 10 checkouts.

  
  

• EXTENSION OF THE PRODUCT MIX LENGTH TO 3,500+ SKUs

  800 m²

  UNIFIED STANDARD ALL STORES - FLOOR AREA OF 800+ SQ.M

  UNIFIED STANDARD 10+ CHECKOUTS
• To cut costs, the premises are bought out rather than leased. ATB aggressively expands in small towns competing with other big chains present there. At the same time, the company takes care of development of logistics centers. ATB converts the single structure into the advanced distribution center, determines the most efficient and effective routes from the center to the stores and puts in place a strict product delivery schedule. Logistics costs are 2.5 times less.

•  2003 to 2007

  ATB-Market opens 30 to 50 stores annually in the territory of Eastern, Central and Southern
  Ukraine.
• з 2008 to 2010

  During the economic crisis, when most large retailers reduce the number of outlets and have tough talks with their creditors, ATB opens more than 200 stores. The discounter winningformula turned effective. In 2010, ATB revenue reached UAH10.8bn compared to 2008, retail chain gross revenue went up 2.5 times.

• 2013 to 2014

  The period 2013 to 2014 was challenging time for ATB nationwide retail chain. 
  In the first half year 2014 when eastern Ukraine became the battleground and a large part of the territory was lost, the company closed 152 stores and a distribution center.

  After the occupation of Crimea that was recognized by the world community in Resolution adopted by the UN General Assembly on December 19, 2016, the company closed 59 stores and a distribution center located on the peninsula.

  ATB Corporation suffered losses of more than UAH 7 bn.

•  2016 to 2017

  То ATB retail chain strengthens its presence in Western Ukraine. ATB food discounters proved to be a good fit for Lviv Region trade infrastructure. The Corporation acquired 17 outlets of Barvinok chain and in February 2016 these outlets opened for operation rebranded as ATB stores.

  An active expansion is not limited to Western Ukraine alone. ATB-Market is bolstering its efforts to tap into Odesa Region market. To date, turnover figures in the region have beaten analysts' forecasts.