CONTENTS. 2

1. TERMINOLOGY. 3

2. UKRAINIAN VRF MARKET TRENDS IN 2002-2007. 4

3. UKRAINIAN VRF MARKET STRUCTURE. 5

3.1. Sales structure by brands in 1999-2007. 5

3.2. VRF market structure by outdoor unit capacity. 8

3.3. VRF market structure by outdoor units design. 11

3.3.1. Outdoor unit capacity by brands. 11

3.3.2. Cool only and heat/cool outdoor units by brands. 12

3.3.3. Combined and stand-alone units by brands. 13

3.3.4. Outdoor unit design depending of capacity control type. 14

3.3.5. Use of various coolants by brands. 15

3.4. Sales structure by indoor units types. 17

3.4.1. Indoor/outdoor units ratio. 17

3.4.2. Indoor unit sales structure by capacity. 19

3.4.3. Indoor unit market structure by type and capacity. 20

3.4.4. Indoor unit market structure by type and brand. 21

4. DISTRIBUTORS’ SALES. 23

5. VRF PRICE COMPARISON BY BRANDS. 25