In 1991, the first 'NIKO' company was registered. In this very year the company gets to know Mitsubishi Motors Corporation - 'NIKO' supplies to Ukraine the first lot of cars Mitsubishi L-300. In 1993, after long negotiations 'NIKO' Company receives a status of the official dealer of Mitsubishi Motors in Ukraine and begins construction of 3 dealer center actively developing corporate sales.
In 1994, the first conceptual dealer center of Mitsubishi Motors in Kyiv was opened and 'NIKO-PR' TV and Radio Company was established. 'NIKO' Company is actively developing, drastically increasing its sales each year, and in 1998 becomes the official distributor of Mitsubishi Motors in Ukraine. Ever since, the company has enjoyed ongoing growth.
In 2003, 'NIKO' starts implementing vertical integration and business diversification strategy, at the same time strengthening its positions in the automotive market of Ukraine. Company 'Trade house - NIKO' Ltd. receives the status of the official importer of Mitsubishi Motors in Ukraine, Belarus and Moldova. In this very year the company receives an honorable title 'Importer No.1' based on sales results keeping this title for five consecutive years.
In 2006, a strategic decision was made regarding further development of the infrastructure of the automotive business of 'NIKO' Group of Companies and development of own multi-brand retail dealer network. For this purpose regions and automotive brands to work with were designated and implementation of the strategy began.
In 2006, a strategic decision was made to create 'NIKO Management' – a managing company, which develops growth strategy for the entire Group, sets goals and targets for the company of each direction, evaluates their operating results, supervises the managerial staff and defines key performance indicators.
New Mitsubishi, Peugeot, Nissan, Citroen, Infiniti, Mazda and Audi dealerships were opened in different regions of Ukraine under Group's own dealer network.
'NIKO' Group of Companies opened the doors of NIKO Automobile Megapolis, an automobile complex located at Boryspil highway, 4 km away from Boryspil International Airport. The complex consists of conceptual Mitsubishi, Ford, Citroen, Renault, Mazda and Suzuki dealerships, the largest paint and leveling facility in Ukraine, trade-in areas and the entire infrastructure required for sale and service of vehicles.
New Fiat, KTM and Yamaha dealerships were opened under Group's own dealership network.