Igor Prykhodko, who previously served as acting CEO of the international financial services company NovaPay (TM NovaPay), a member of the Nova Group, has been officially appointed CEO of the company; He assumed his duties on August 11, according to a press release from the financial services company published on Tuesday.
“Igor has been with NovaPay throughout its ten-year journey and knows the company well from the inside. I am confident that his experience, strategic vision, and deep understanding of the business will help the company move to the next stage of development,” the press release quotes Vyacheslav Klimov, co-founder of the Nova Group of Companies, as saying.
According to the press release, Prykhodko has worked in the banking sector and non-bank financial institutions for over 23 years. Since 2005, he has held management positions and, over the years, has worked at Nadra Bank, TAScombank, and other financial institutions.
Prykhodko joined NovaPay in November 2016 as Chief Financial Officer. After the Russian Federation launched its full-scale invasion, he voluntarily enlisted in the Armed Forces of Ukraine, participated in combat operations, and was subsequently granted veteran status. After completing his military service, he returned to the NovaPay team.
According to Prykhodko, the company will continue to develop digital products, scale its payment infrastructure in Ukraine and abroad, and implement new financial solutions.
“NovaPay is currently in a phase of active growth. My task is to maintain this momentum and ensure that the company’s strategy doesn’t remain on paper but is embodied in the team’s day-to-day decisions,” the NovaPay CEO is quoted as saying in the press release.
The company’s previous CEO was Ihor Syrovatko. NovaPay announced its decision to appoint Syrovatko as CEO in September 2025, and in December, the National Bank of Ukraine (NBU) approved his candidacy. Prior to that, Andriy Kryvoshapko served as NovaPay’s CEO, having taken the helm of the company in 2016.
As previously reported, the volume of transfers processed through the international financial service in the first half of 2026 increased by 41% compared to the same period in 2025, reaching 391 billion hryvnia.
NovaPay was founded in 2001 as an international financial service that is part of the Nova Group (“Nova Poshta”) and provides financial services both online and offline at “Nova Poshta” branches. In 2023, the company became the first non-bank financial institution in Ukraine to receive an expanded license from the National Bank of Ukraine (NBU), which allowed it to open accounts and issue cards. It was also the first non-bank organization to launch its own financial app with a wide range of financial services at the end of last year.
According to the National Bank of Ukraine, the company accounts for approximately 22.7% of the total volume of domestic money transfers.
There are 256 companies registered in Ukraine with Bulgarian beneficial owners that filed financial statements for 2025; 46 of them—or nearly one in six—have annual revenue exceeding 100 million UAH.
The combined revenue of these companies for 2025 totaled 24.72 billion UAH, which is 6% less than the previous year, according to data from Opendatabot published on August 10.
The largest company with Bulgarian owners in terms of revenue was “Construction Machinery,” which distributes construction equipment. Its revenue totaled 4.43 billion UAH, compared to 4.29 billion UAH in 2024.
In second place was “Green Cool,” a company operating in the import and distribution of food products, with revenue of 2.09 billion UAH. A year earlier, the company reported 2.79 billion UAH in revenue.
Third place went to the energy trader “Elementum Energy Trade,” with revenue of 1.85 billion UAH, compared to 1.1 billion UAH in 2024. Next were the Kostopol Glassworks, with 1.8 billion UAH, and the Dniester Wind Farm, with 1.56 billion UAH.
The top ten also included “Plastchem Ukraine” with revenue of 1.51 billion UAH, “Compressors International” with 1.28 billion UAH, “Sopharma Ukraine” with 0.95 billion UAH, the insurance company “Euroins Ukraine” with 0.91 billion UAH, and “Sanvin 5” with 0.7 billion UAH.
Thus, several industries are represented among the largest Ukrainian companies with Bulgarian capital: trade, energy, industrial manufacturing, pharmaceuticals, and insurance.
According to Opendatabot, a total of 256 companies with Bulgarian beneficiaries filed financial statements for 2025. At the same time, business concentration is quite high: just 46 companies generate annual revenue exceeding 100 million UAH.
Transportation prices in Ukraine in July 2026 were 18.6% higher than a year earlier, according to data from the State Statistics Service. In just one month, transportation prices rose by 1.3%. The most significant increase was recorded in passenger road transportation—up 6% in July and 30.8% compared to July 2025.
Overall, transportation services rose in price by 28.9% over the year and by 25.7% since the beginning of 2026. Passenger rail transportation became 2.7% more expensive over the month and 15.5% more expensive over the year.
Another significant factor remains the cost of fuel. In July, fuel and lubricants became 0.1% cheaper compared to June; however, compared to July of last year, they were 28% more expensive, and since the beginning of the year—26.5% more expensive.
Thus, transportation costs are rising significantly faster than the overall consumer market: annual inflation in Ukraine stood at 7.7% in July, while transportation inflation was 18.6% and transportation services inflation was 28.9%.
Pharmacy sales in Ukraine from January to June 2026 increased by 15% in monetary terms compared to the same period in 2025—reaching nearly 121 billion hryvnia—while in volume terms, they decreased by 5.8%—to approximately 533.955 million packages.
The company “Business Credit” reported this to the Interfax-Ukraine news agency, citing the results of a study it conducted.
The weighted average price of items in the pharmacy basket for the first half of the year was 226.65 UAH per package, which is 22.15% higher than in January–June 2025.
Thus, the growth of the pharmacy market in monetary terms occurred against the backdrop of a decline in the total number of packages sold and a significant increase in the average cost of pharmacy products.
At the same time, the market’s growth rate in monetary terms accelerated compared to the first quarter. In January–March, pharmacy sales increased by 11.13%—to 60.245 billion UAH—while the volume of sales decreased by 4.8%, to approximately 270.958 million packages.
At the end of 2025, pharmacy sales in Ukraine totaled over 220.287 billion UAH, which is 14.23% more than in 2024. In volume terms, they declined by 2.25% during that period.
The weighted average price of dietary supplements in Ukrainian pharmacies from January through June 2026 rose by 36.36% compared to the same period last year—to 321.79 UAH per unit. This was reported to the Interfax-Ukraine news agency by Business Credit, citing the results of a pharmacy market study.
Sales of dietary supplements in monetary terms for the first half of the year increased by 15.77%—to nearly 13.516 billion UAH.
At the same time, in volume terms, sales decreased by 15.1%—to 42 million packages.
Thus, the increase in the monetary value of the dietary supplement market was accompanied by a sharp decline in the volume of goods sold and a significant rise in their average price.
By comparison, the average price of the total pharmacy shopping basket during this period rose by 22.15%—to 226.65 UAH per package—while the average price of prescription drugs increased by 13.96%, to 233.85 UAH. Thus, dietary supplements became one of the segments of the pharmacy market with the most noticeable increase in average retail price.
Ukraine exported $14.1 billion worth of food products in January–July 2026, according to data from the State Customs Service. Based on calculations using State Customs Service statistics, food products accounted for about 58.5% of Ukraine’s total merchandise exports, which amounted to $24.1 billion over the seven-month period.
Metals and metal products ranked second among export categories at $2.5 billion, or slightly more than 10% of total exports.
Machinery, equipment, and transportation vehicles were exported in the amount of $2.1 billion, corresponding to approximately 8.7% of total exports.
Thus, food products, metal products, and machinery collectively accounted for about 77.6% of Ukraine’s merchandise exports.
Poland remained the largest market for Ukrainian goods over the seven-month period, with $2.8 billion worth of products shipped there. Exports to Turkey totaled $2 billion, and to Germany—$1.5 billion.
Overall, Ukrainian exports in January–July 2026 grew by 3.8% compared to the same period last year—rising to $24.1 billion from $23.2 billion.
At the same time, imports grew much faster—by 26.6%, to $58.1 billion.
