The 2005 Global Retail Development Index Destination: Ukraine

Few countries have shot up the Global Retail Development Index (GRDI) rankings as quickly as rising star Ukraine. Jumping from number 11 last year to third place this year, the country offers a booming retail market, stable economy, proximity to the European Union and scant competition. Although Ukraine still poses its share of challenges, it won’t be long before international retailers begin to move more aggressively into this promising space.