novaposhta

Monday, April 15

The Nova group is launching its own energy company to generate electricity, including renewable energy. In connection with the strikes by the Russian Federation on the energy system, the Nova group of companies has decided to create the Nova Energy company, which will develop electricity generation, inc...

Monday, August 14

Ukrainian business leaders note the deterioration of the government’s attitude towards private entrepreneurs. After the positive dynamics at the beginning of the war, authorities’ attitude towards businesspeople began to deteriorate again and has been accompanied by increased pressure, iforum2023 partic...

Wednesday, July 26

Despite the war, Nova Poshta keeps investing in logistics and increasing parcel deliveries. In January-June 2023, the Nova Poshta group of companies delivered more than 170 million parcels and cargoes, 9% more than in the pre-war year 2021. According to the company, the increase in volume is...

Tuesday, June 13

NovaPay issued UAH 100M in debut open bonds. NovaPay Credit, part of the non-banking financial group NovaPay, registered a public issue of three-year series A bonds for UAH 100M ($2.73M). The securities can be purchased in terms ranging from 1 t...

Friday, June 9

A Ukrainian private delivery company has issued bonds for UAH 800M. The National Securities Commission registered a report on the results of the issue of Nova Poshta’s interest-bearing unsecured series D bonds totaling UAH 800M without a public offer. The face value o...

Monday, May 1

The largest domestic postal delivery operator will provide financial services in Ukraine and the EU. Nova Poshta’s payment system NovaPay received an extended license from the National Bank of Ukraine. Now NovaPay has the opportunity to provide new services to individuals and businesses: open a...

Thursday, April 6

Ukrainian postal company Nova Poshta has opened 10 new branches in Poland. The Ukrainian postal and courier company Nova Poshta opened 10 new branches in Poland in March: as of the beginning of April, 30 Nova Post branches are operating in 18 Polish cities. It is noted that ...

Monday, July 18

Nova Poshta plans to start operations in Poland. Ukraine postal service Nova Poshta intends to open branches in European countries to operate in their domestic markets. At the initial stage, it will be centered on Ukraine’s neighboring countries ...

Wednesday, June 15

Ukraine’s postal service resumes delivery of shipments from AliExpress. State postal service Ukrposhta resumes package deliveries from the Chinese marketplace AliExpress on June 15. According to General Manager Ihor Smilyanskyi, the parcel delivery will be made through o...

Thursday, April 14

Nova Poshta has started cooperation with the UN. Nova Poshta has officially started assisting the United Nations in implementing a program to support Ukrainians in two ways. “We are talking about the transportation of humanitarian aid from European...

Thursday, February 17

Nova Poshta is investing UAH 1.2B in an innovative terminal in Odessa. The new terminal in Odessa will be the company’s second-largest sorting facility. It will have two buildings – post and freight, with a total area of 26,000 square meters, says the comp...

Friday, February 11

Nova Poshta has started delivering goods in Spain and France. Nova Poshta Global, part of the Nova Poshta group of companies, has begun delivering goods from online stores in Spain and France; they can be ordered through the NP Shopping website, said the compan...

Monday, February 7

Supernova Airlines receives its first planes. Nova Poshta’s new Supernova AIrlines received its first two leased Boeing 757-200 airplanes and planned the first flight for September, said co-founder of the post office company, Volodymyr Popereshny...

Thursday, December 30

The EBRD to finance the construction of a new hub for Nova Poshta. The bank and Nova Poshta have signed a €13 mln loan agreement to finance the company’s expansion. The loan will be used to build an innovative, automated sorting hub in the south-central Ukraini...

Tuesday, December 28

Nova Poshta Airlines commence flights in April 2020. The date when the airline, Supernova Airlines, expects to receive an operator’s certificate. At the start, the Supernova Airlines fleet will consist of two aircraft. According to the company, a ...

Thursday, December 23

Nova Poshta will install fitting rooms in its branches. The fitting rooms will be fitted with clothes hangers, a chair, and a full-length mirror. Nova Poshta reported on the successful testing of fitting rooms in branches, which allow customers to check cl...

Wednesday, December 15

Nova Poshta has opened more than 20,000 post offices and branches. The expansion of locations means that it is the leading postal provider in Ukraine in terms of accessibility. After a recent expansion, the company has more than 9,300 branches, 7,000 of which are in ...

Thursday, November 18

Nova Poshta to deliver parcels from Kyiv to Lviv by drone. The company delivered 10 parcels weighing 2 kg from Kyiv to Lviv by a drone that flew 500 km with a payload of up to 16 kg. In addition to that, it can climb to a height of 900 meters and spend up to ...

Monday, November 1

Nova Poshta doubled its net profit. In January-September 2021, Nova Poshta increased its net profit 2.3 times compared to the same period last year to ₴2.1 bln ($87.5) from ₴906 mln ($34.5 mln). Nova Poshta’s net income for the re...

Friday, October 15

Nova Poshta invests UAH 1 bln ($38 mln) in the construction of a sorting terminal near Boryspil airport. Speaking with Interfax-Ukraine, Oleksandr Bulba, the company’s CEO, said that “The new terminal will include the most advanced technologies of world postal logistics and will be able to sort up ...

Wednesday, October 6

Nova Poshta is launching its own airline. The airline to be named Supernova Airlines, and it will have its own fleet which will be part of Nova Poshta Global. Flights will be operated from Boryspil and Lviv airports, and the carrier will also...

Thursday, September 23

The EBRD will lend €13 mln to Nova Poshta. The European Bank for Reconstruction and Development (EBRD) will provide a loan of €13 mln to Nova Poshta for the construction of an automated parcel sorting terminal in Dnipro. Announced on the EBRD ...

Monday, September 20

NovaPay payment system becomes a partner of Visa and MasterCard. The NovaPay payment system has become a member of the international payment systems Visa and MasterCard. The company claims that NovaPay is the first among private non-bank financial institutions to h...

Monday, August 2

Promising to start drone deliveries of packages next year, Nova Poshta tested sending a Discovery drone with a parcel from Chaika airfield, outside of Kyiv, to Korotych airfield, outside of Kharkiv. The drone successfully made the 480 km flight in five hours....

Tuesday, February 9

With the warehouse market tightening, Dragon Capital Group sold Omega-2, a 32,731 square meter logistics complex in Brovary’s industrial zone With the warehouse market tightening, Dragon Capital Group sold Omega-2, a 32,731 square meter logistics complex in Brovary’s industrial zone, facing the city’s bypass road. “This is our first closing...

Dragon plans to return this year to its pre-pandemic levels of investment Dragon plans to return this year to its pre-pandemic levels of investment, Dragon Capital CEO, said last week at the Global Outlook meeting hosted by the European Business Association. “In the first h...

Public works construction pulled the sector ahead last year for an overall increase of 4%, to $7.1 billion Public works construction pulled the sector ahead last year for an overall increase of 4%, to $7.1 billion, the State Statistics Service reports. Road construction was up 142% in nominal terms, making...

Starting March 1, the State Mortgage Institution will start to offer home mortgages at 7% Starting March 1, the State Mortgage Institution will start to offer home mortgages at 7%, Prime Minister Shmyhal announced last week. For reference, Ukraine’s prime rate has been 6% since June 2020....

Ukrgazbank, a state-owned bank, reports that since July it has made $16 million worth of low interest mortgages to 548 people. Ukrgazbank, a state-owned bank, reports that since July it has made $16 million worth of low interest mortgages to 548 people. Half of the mortgages are for under 10%. For dachas, or secondary homes, ...

Despite tight border controls imposed during last spring’s coronavirus lockdown, remittances from Ukrainians working outside the country increased by 2% last year, to $12.1 billion, Despite tight border controls imposed during last spring’s coronavirus lockdown, remittances from Ukrainians working outside the country increased by 2% last year, to $12.1 billion, according to data ...

Worker migration remains strong to Poland, a country that suffered one of the EU’s smallest GDP drops in 2020 — an estimated 2.7%. Worker migration remains strong to Poland, a country that suffered one of the EU’s smallest GDP drops in 2020 — an estimated 2.7%. During 2020, the number of foreigners officially working in Pol...

Ukraine’s economy will rebound sharply to 10% growth yoy in the second quarter of 2021, breaking five successive quarters of decline Ukraine’s economy will rebound sharply to 10% growth yoy in the second quarter of 2021, breaking five successive quarters of decline, according to a Reuters poll of 12 Ukrainian analysts. The median f...

Ukraine aims to vaccinate against Covid-19 the most vulnerable half of its population over the next year, Ukraine aims to vaccinate against Covid-19 the most vulnerable half of its population over the next year, President Zelenskiy told a forum in Kyiv yesterday, “Ukraine 30. Coronavirus: Challenges and R...

The European Investment Bank is loaning €50 million to Ukraine to help pay for vaccines, refrigeration equipment and logistics The European Investment Bank is loaning €50 million to Ukraine to help pay for vaccines, refrigeration equipment and logistics, Ihor Ivaschenko, Deputy Health Minister, told reporters at the forum. Ze...

People who are vaccinated or who have recovered from Covid will be exempt from quarantine restrictions, People who are vaccinated or who have recovered from Covid will be exempt from quarantine restrictions, Zelenskiy said, without elaborating. “Lack of faith in vaccination, refusal to vaccinate by a si...

China-Europe freight trains were up 66% yoy in January, to 1,165 China-Europe freight trains were up 66% yoy in January, to 1,165, reported China State Railway Corporation. The number of containers grew 75%, to 109,000 for the month. At this pace, one 94-container ...

A second private company has won permission to run freight trains on the tracks of Ukrzaliznytsia, the state railroad A second private company has won permission to run freight trains on the tracks of Ukrzaliznytsia, the state railroad. Promvagontrans LLC was won permission to run freight trains on four routes in cen...

Riding the e-commerce boom, Nova Poshta has launched a €14 million sorting center in Kyiv Riding the e-commerce boom, Nova Poshta has launched a €14 million sorting center in Kyiv that can sort up to 50,000 packages an hour. Captured in a video, the sorting center is a maze of belts, chute...

Postal operators – Nova Poshta, Ukrposhta and Meest Express – account for almost half of the 364,000 square meters of warehouse and logistics space to be commissioned this year Postal operators – Nova Poshta, Ukrposhta and Meest Express – account for almost half of the 364,000 square meters of warehouse and logistics space to be commissioned this year, according to a study b...

Thursday, November 19

Dollar-denominated bonds accounted for 85% of revenue raised on Tuesday at the Finance Ministry’s weekly auction Dollar-denominated bonds accounted for 85% of revenue raised on Tuesday at the Finance Ministry’s weekly auction. A total of $76 million 1.2-year dollar bonds went for 3.77%, up 15 basis points from o...

The Finance Ministry is not considering issuing hryvnia government loan bonds to help pay off the $800 million debt owed to solar and wind producers of electricity The Finance Ministry is not considering issuing hryvnia government loan bonds to help pay off the $800 million debt owed to solar and wind producers of electricity, Deputy Finance Minister Yuriy Draga...

University education is a major export for Ukraine. University education is a major export for Ukraine. Last year, 80,500 foreign students spent $570 million here for tuition alone, reports the Kyiv Post. Adding food, lodging, airfare, and services, th...

55% of people polled in France, Germany, Italy and Poland support Ukraine joining the European Union 55% of people polled in France, Germany, Italy and Poland support Ukraine joining the European Union, according to an internet-based survey of 4,000 people polled at the end of September for the New E...

Due to the Constitutional Court’s October 27 decision that filing fraudulent asset declarations should be punished Due to the Constitutional Court’s October 27 decision that filing fraudulent asset declarations should be punished, the Ukraine’s new High Anti-Corruption Court said Tuesday that it was forced throw o...

Concorde Capital’s Zenon Zawada writes Concorde Capital’s Zenon Zawada writes: “This is yet another negative consequence of the scandalous October 27 ruling, which has been quite destructive, not only for Ukraine’s anti-corruption infrastr...

The Rada lacks the political will to approve bills that world restore the electronic declarations or deal with the Constitutional Court The Rada lacks the political will to approve bills that world restore the electronic declarations or deal with the Constitutional Court, a body determined to dismantle much of the Europe-oriented inst...

“Now you’ve got to put people in jail,” “Now you’ve got to put people in jail,” Joe Biden recalls in his 2017 memoir saying to Prime Minister Arseniy Yatsenyuk. Then Vice President Biden made the exhortation in a speech to the US-Ukraine Bu...

Although Ukraine is recording record corona infections and deaths Although Ukraine is recording record corona infections and deaths, the government believes weekend lockdowns will be enough to stop the nation’s rising infection rate. The nation is recording about 12...

With shopping centers closed last weekend, ‘mobility’ dropped by about 25% With shopping centers closed last weekend, ‘mobility’ dropped by about 25%, said Viktor Lyashko, the deputy Health Minister. He says a well-enforced lockdown this weekend, could cut ‘mobility’ by 50% ...

Last weekend, a string of big city mayors defied the lockdown Last weekend, a string of big city mayors defied the lockdown. Whilst National Police who work for the Interior Minister, shut down and fined 2,400 establishments, many of them in cities boycotting th...