International financial service NovaPay (TM NovaPay) plans to publicly place 10 series – J – bonds issued by its subsidiary NovaPay Credit LLC with a total nominal amount of UAH 100 million, which will bring the company’s bonds in circulation to UAH 990 million.
As the issuer reported in the National Securities and Stock Market Commission’s (NSSMC) disclosure system, the relevant decision was made by the general meeting of the company’s shareholders on March 5.
The face value of the bonds is UAH 1 thousand, and there is no information on other terms of the J series.
“The funds raised as a result of the bond issue through a public offering are planned to be used in the following areas: credit operations for legal entities – 20% of the actual funds raised; credit operations for individuals – 80% of the actual funds raised,” the announcement traditionally states.
As reported, in 2023, NovaPay made three public issues of interest-bearing bonds of series A, B, and C for UAH 100 million each, and last year issued six more series of bonds – D, E, F, G, H, and I. In particular, in October-December 2024, three series of bonds – G, H and I – were placed for a total amount of UAH 290 million, which increased the total amount of the company’s securities in circulation to UAH 890 million. G and H series securities of UAH 100 million each are available for purchase via the NovaPay mobile application, while I series bonds of UAH 90 million are offered for sale to institutional clients.
On Thursday, the company reported that about 4.3 thousand Ukrainians have purchased NovaPay bonds totaling about UAH 1.2 billion, while at the beginning of the year it reported more than 3 thousand customers and UAH 740 million, and in mid-October 2024 – 2.6 thousand customers and UAH 600 million.
According to the prospectuses, the bonds of the last three series were issued for three years. The nominal interest rate on these bonds is 17% per annum, while for the previous three series it was 18%. The interest income on the G and H series bonds is scheduled to be paid at the end of the maturity period, while the I series bonds are to be paid quarterly, and the interest rate is currently set for the first year of circulation.
NovaPay, which promotes most of its bonds as an alternative to bank deposits through a one- to 12-month repurchase scheme, declares interest rates of up to 18% per annum.
According to the Standard Rating agency, the value of NovaPay Credit’s loan portfolio in the first nine months of 2024 increased by 53.4% to UAH 639.11 million, the number of loan agreements doubled to 90.41 thousand, the share of loans overdue for more than 90 days increased from 0.86% to 3.57%, and the effective interest rate on the loan portfolio increased from 44.69% to 58.55%.
The company’s revenue from sales in January-September 2024 increased by 2.9 times to UAH 170 million, net profit – by 84.9% to UAH 55.3 million, and equity – by 20.9% to UAH 319.1 million.
NovaPay is an international financial service founded in 2001. It is part of the Nova group and provides financial services online and offline at Nova Poshta offices. According to its website, the company employs about 13,000 people in more than 3,500 Nova Poshta offices across Ukraine.
According to the National Bank of Ukraine, the company accounts for about 35% of the total volume of domestic money transfers.
Ukrainian car fleet in February this year was replenished with almost 17 thousand imported from abroad used cars, which is 5% less than in February last year, reported “UkrAvtoprom” in the Telegram channel.
At the same time, compared to January-2025, the demand for such cars increased by more than 21%.
According to the report, the average age of used cars that switched to Ukrainian registration in February amounted to 9.5 years.
According to “UkrAvtoprom”, the largest share in the segment of imported second hand cars with a large gap belongs to gasoline cars – 46%. Next come diesel cars – 23%, electric cars – 22%, hybrids – 5% and cars with SBB – 4%.
The leader of this segment of the car market is Volkswagen Golf – 900 registrations.
The top five most popular models are also Renault Megane – 653 units, Skoda Octavia – 592 units, Volkswagen Tiguan – 490 units, Audi Q5 – 449 units.
In total, in January-February, the first registration in Ukraine passed almost 31 thousand used cars, which is 10% less than in the same period in 2024.
As reported, in 2024 the demand for used foreign cars increased by 4% by 2023 – up to 222.1 thousand units, which amounted to 75% of the passenger car market.
At the same time, in February the Ukrainian car fleet was replenished with 17.8 thousand used cars from abroad – one third more than in February-2023.
In July-January of 2024-2025 marketing year (MY), Ukraine exported 40.4 thsd tonnes of wheat flour, down 36.1% year-on-year, reports the Association of Millers, citing the State Customs Service.
According to the infographics published in Facebook, the export volumes in the season-24/25 are slightly lower than in the previous seasons – for 7 months of 2023/24 MY Ukraine exported 63.2 thsd tonnes of wheat flour, and in 2022/23 MY – 79.8 thsd tonnes.
At the same time, about 17.0 thsd tonnes were exported to the EU countries, almost 12.4 thsd tonnes – to Moldova, 8.1 thsd tonnes – to Palestine, 1.5 thsd tonnes – to Israel.
Sales of new passenger cars in February this year decreased by 20% compared to the same month of 2023 – to 4.8 thousand units, AUTO-Consulting reports.
According to the report on the group’s website, the biggest drop occurred in the segment of so-called “budget cars” – by almost 54%, also the sales of cars of medium price range decreased by 20%.
In February, the leadership was held by Toyota, but the second place was taken by Skoda with 8.4% of the market. Finishing third in February was Renault.
”Interestingly, four of the top 10 automobile brands in February showed growth, but in the end the market still lost 20%,” the report states.
AUTO-Consulting emphasizes that the decline in the electric car segment was more widespread than the overall decline in the market for new passenger cars – demand for them decreased by 37%, and their share amounted to only 15.6% against 20% in February-2024.
According to analysts, compared to January this year, sales of new passenger cars increased (by 5.3%), but at the end of January-February decreased by 13.6% compared to the two months of 2024.
“So, we have a negative result in the auto market for two months so far. This has already brought about changes among the top 20 automobile brands as well. The car market is still moving along the trend of 2017,” the report said.
As reported, according to AUTO-Consulting, in 2024, sales of new passenger cars in Ukraine increased by 9.8% to 2023 – up to 71.3 thousand units.
Dnipro Metallurgical Plant (DMZ), a part of DCH Steel of businessman Aleksandr Yaroslavsky’s DCH Group, increased its rolled steel production by 9.2% year-on-year to 7.1 thousand tons in January-February this year.
According to the company on Thursday, coke production in January-February 2025 decreased by 20.2% to 36.2 thousand tons.
In February of this year, DMZ produced 6.6 thousand tons of rolled metal products, which is 29.4% more than in February 2024. Coke production decreased by 23.7% year-on-year to 17.3 thousand tons.
In February, the plant shipped 6.1 thousand tons of rolled metal products and all the coke it produced to consumers, the information states.
As reported, in 2024, DMZ reduced its rolled steel production by 59.4% compared to 2023 to 42.9 thousand tons, and coke production by 1.2% to 289.1 thousand tons.
In 2023, DMZ increased its rolled steel output by 86.2% compared to 2022, to 105.6 thousand tons, and coke by 38.5%, to 292.7 thousand tons.
In 2022, the plant reduced its rolled steel production by 74.2% compared to 2021, to 58.4 thousand tons, and coke production by 56.3%, to 211.3 thousand tons.
DMZ specializes in the production of steel, pig iron, rolled products and products made from them.
On March 1, 2018, DCH Group signed an agreement to buy Dnipro Metallurgical Plant from Evraz.
Import changes in % to previous period in 2023-2024
Source: Open4Business.com.ua
