Nova Linia, a fast-growing Ukrainian DIY and furniture store chain, is planning to increase sales this year by 130 per cent to $500m. With an increase of 170 per cent in the first quarter, it is well on its way to beating its target.
“There is so much scope for people to catch up with richer countries, we think Ukraine will grow faster than any other European country in the next 20 years,” says Tomas Fiala, managing director of Dragon Capital, a Kiev investment bank, which is Nova Linia’s largest shareholder.
