Respublika Park Shopping Mall: Details of the Transition to Imported Electricity

The largest shopping and entertainment center in Ukraine and Eastern Europe continues to adapt to today's challenges, demonstrating an example of responsible business and choosing a logical, technical solution to maintain operations.
"The transition to imported electricity is not just a technical solution; it's a strategic step to ensure the stability of our business and support Ukraine's energy system," comments Julia Shchaslyva, CEO of Respublika Park Shopping Mall.

Key aspects of the transition to imported electricity:
Transition Process
The mall has signed a contract with a licensed supplier capable of importing electricity from Slovakia and Hungary. This has freed up significant capacity of Ukrainian generation for other consumers, which is critically important in the current deficit conditions.
Impact on Electricity Costs
Imported electricity is expected to be more expensive than Ukrainian electricity. Estimates suggest the difference in cost is approximately 30% and depends on the supplying country and the current cost of electricity in the European market.
Consequences for Tenants and Visitors
The transition to imported electricity will not have an immediate impact on rent for stores in Respublika Park Shopping Mall. Instead, it will ensure stable and uninterrupted operation of both the mall itself and each tenant. This is expected to positively affect the increase in turnover, which is a key performance indicator for retail businesses.

Does This Guarantee Uninterrupted Power Supply?
The transition to imported electricity allows for uninterrupted operation. This is one of the requirements that must be met to avoid stabilization shutdowns according to schedules set by NEC "Ukrenergo".
Respublika Park's transition to imported electricity is part of a comprehensive energy supply strategy, which includes daily meticulous work by energy specialists to comply with all state-established norms. "It's important to understand that using imported electricity is a contribution to the energy security of the entire country," adds Julia Shchaslyva. "We're not only ensuring stable operation of the shopping mall but also helping to preserve additional volumes of electricity for critical infrastructure facilities and the population."
Respublika Park Shopping Mall continues to demonstrate a responsible approach to solving energy challenges. This step is part of a comprehensive strategy that also includes the use of powerful generators and the development of infrastructure for electric vehicles.
"Our goal remains unchanged – to be a reliable place for shopping and leisure, regardless of external circumstances," concludes Julia Shchaslyva. "We continue to invest in solutions that ensure the comfort of our visitors and support Ukraine's economy."
For more information. Respublika Park is a super-regional shopping mall opened in November 2021 in Kyiv with a total area of 300,000 sq m. The owner of the shopping mall is Trafin Consulting und Entwicklungs GmbH, an Austrian company founded in Vienna in 2013 and operating in the real estate sector. Currently, the shareholder of Respublika Park is successfully represented in the real estate markets of Central and Eastern Europe. Trafin makes significant investments in shopping, hotel and residential complexes in many countries and is a significant participant in the investment sector of the Ukrainian economy as a shareholder of Respublika Park.