Business news from Ukraine

Business news from Ukraine

Nova Post has entered Canadian market and expanded its presence to 18 countries

Nova Post, part of the Nova Group, has entered the Canadian market, bringing the total number of countries where it operates to 18, according to a company statement released on Wednesday.

“Canada, like all of North America, is one of the key directions for Nova Post’s international expansion,” Oleksiy Taranenko, CBDO of the NOVA Group, is quoted as saying in the release.
According to him, the company has already processed over 3,000 shipments, most of which consisted of goods from Ukrainian manufacturers.

The next steps are expected to include further network expansion, the introduction of a franchise program, the launch of new products, and faster delivery times.
Nova Post clarified that customers can arrange international shipments from Canada online via the company’s website or mobile app, as well as drop off a package at one of 1,100 partner UPS stores or hand it over to a courier.

It is noted that delivery time between Canada and Ukraine starts at 5 days. Shipping costs from Canada to Ukraine are CAD 37 for documents and packages up to 1 kg; CAD 47 for packages up to 2 kg; CAD 99 for packages up to 10 kg; and CAD 215 for packages up to 30 kg.
Nova Post reminded customers that it is possible to ship goods from Ukraine to Canada without paying import duties. This service is made possible by the Canada-Ukraine Free Trade Agreement (CUFTA).

Specifically, for most shipments, only the harmonized sales tax (HST) is payable, which the sender can pay when arranging delivery; however, no tax applies to packages valued at up to 20 CAD (625 UAH).
As reported in early August, Nova Post has opened 266 new service locations since the beginning of 2026, thereby expanding its presence to 16 countries and 235 cities.

The largest number of new service points were opened in Moldova—155—followed by Poland—63—Spain—18—the Czech Republic—14—Germany—11—Slovakia—2—and one service point each in Austria, Italy, and Romania.
Vyacheslav Klimov, co-owner of Nova Poshta, noted during the “Dialogues with NV” event dedicated to European integration that Nova Post Europe, part of the NOVA Group, plans to double its network of branches in Europe by 2026 and keep its strategic focus on ensuring the fastest possible delivery times.

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Dollar dominates nearly entire stablecoin market, Europe fears new form of financial dependence

According to Fixygen, the spread of stablecoins is becoming not only a technological issue but also a geopolitical one. Virtually the entire global market for stablecoins is denominated in dollars. The largest token, USDT, already has a market capitalization of about $183 billion, while the amount of USDC in circulation reached $73.3 billion in the second quarter.

For the U.S., this reinforces the international use of the dollar.

For Europe, the opposite risk arises: even as traditional payments migrate to the blockchain, they continue to flow primarily through the dollar-based system.

This is precisely why the European Central Bank is accelerating its work on digital payment instruments and central bank digital currency.

British authorities have also proposed assigning the Bank of England a separate mandate to support innovation in the payments sector, including stablecoins.

As a result, competition surrounding stablecoins is gradually becoming an extension of the currency competition between the dollar and the euro.

https://www.fixygen.ua/news/20260902/dolar-kontrolyue-mayzhe-ves-rinok-steyblkoyiniv-evropa-poboyuetsya-novoyi-finansovoyi-zalezhnosti.html

 

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Verkhovna Rada of Ukraine has approved bill to improve operation of industrial parks

The Verkhovna Rada of Ukraine has approved, in its entirety, a bill to improve the operation of industrial parks (IPs). According to a correspondent for the “Interfax-Ukraine” news agency, 270 deputies voted in favor of the bill, exceeding the required minimum of 226 votes.

“Based on the results of ongoing monitoring of the development of industrial parks, we identified issues, the solutions to which have now been approved by the Rada. Essentially, these are technical issues that arose during the practical implementation of the legislation adopted in 2022. But resolving each of them will contribute to the faster development of this sector and the emergence of new manufacturing facilities,” wrote the bill’s sponsor, Dmytro Kysilevskyi, deputy chairman of the parliamentary committee on economic development.

He noted that the bill, in particular, more clearly delineates the functions of all entities within an industrial park, and grants the initiator of a park’s creation the ability to also act as the managing company without establishing a separate legal entity.

In addition, the concept of an “eco-industrial park” has been introduced, the Cabinet of Ministers has been granted the authority to establish criteria for them, and a new category of land use designation has been introduced: land for industrial parks.

The procedure for increasing and decreasing the area of an industrial park has also been regulated, as have issues regarding the transfer of ownership rights to a land plot within an industrial park from the park’s initiator to another party; opportunities for establishing industrial parks have been expanded: land plots may now be considered adjacent if there are forest buffer strips between them.

Among the issues addressed are improvements to the competitive selection process for management companies and the introduction of the possibility for management companies whose primary activity is the leasing of real estate to obtain loans under the “5-7-9” program.

Temporary restrictions on the acquisition of power capacity for small electricity distribution systems in industrial parks have also been lifted, and provisions regarding state incentives for industrial parks have been improved, in particular through the transfer of international technical assistance from local government bodies to industrial parks.

As of the end of 2025, 37 factories had been built or were under construction in Ukraine’s industrial parks. Throughout 2026, manufacturing enterprises in the parks continued to open.

As previously reported, Bill No. 12117 was adopted in principle on February 11, 2025, with amendments to its provisions, by a vote of 244 members of parliament.

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Strategy Controls Two-Thirds of Corporate Bitcoin Holdings — Global Ranking

According to Fixygen, public companies worldwide control approximately 1.264 million BTC worth nearly $99 billion, as reported by The Block’s Bitcoin Treasury Tracker as of the end of August.

The largest holders:

Strategy — 840,447 BTC

Twenty One Capital — 43,514 BTC

Metaplanet — 43,000 BTC

MARA — 35,303 BTC

Cantor Equity Partners I / future BSTR — 30,021 BTC

Galaxy Digital — 25,723 BTC

Bullish — 24,400 BTC

Strive — 19,999 BTC

SpaceX — 18,712 BTC

Riot Platforms — 15,680 BTC.

Separately, Coinbase holds 15,389 BTC, Tesla — 11,509 BTC, and Block — 9,032 BTC.

The main feature of the ranking is its extreme concentration. A single strategy accounts for about two-thirds of all BTC held by the tracked public companies.

https://www.fixygen.ua/news/20260902/strategy-kontrolyue-dvi-tretini-korporativnih-zapasiv-bitkoyniv-svitoviy-reyting.html

 

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Metinvest Made Timely Coupon Payment on Its 2027 Eurobonds

Metinvest B.V. (Netherlands), the parent company of an international vertically integrated mining and metallurgical group, made a scheduled coupon payment on its 2027 Eurobonds.

As the group’s press service reported on Wednesday in response to a request from the “Interfax-Ukraine” agency, the payment was made on time, despite unprecedented challenges that have pushed the steel industry to the brink of survival.

“The aggressor’s blockade of Black Sea ports is limiting the volume of raw material and finished product shipments. At the same time, Ukrzaliznytsia has raised freight rates by 30%, which has increased the share of rail costs in the cost of metallurgical products by 2–3 times. And all of this is taking place against the backdrop of European restrictions, such as the introduction of CBAM and import quotas on Ukrainian steel into the EU, which have significantly reduced the group’s export opportunities,” the statement notes.

At the same time, it is noted that despite these critical obstacles, the group continues to diligently service its debt portfolio to preserve the ability to finance the restoration of its assets after the war and help the country recover more quickly from its aftermath. Since the start of the full-scale invasion, Metinvest has reduced its debt burden by $1 billion, the press service’s response emphasizes.

The current coupon payment dates for the 2027 Eurobonds are September 1. “Coupon payment dates are March 1 and September 1 of each year,” states the information regarding the 2027 bonds. The coupon rate is 7.650% per annum.

Metinvest is a vertically integrated group of mining and metallurgical enterprises. Its facilities are located in Ukraine—in the Donetsk, Luhansk, Zaporizhzhia, and Dnipropetrovsk regions—as well as in the European Union, the United Kingdom, and the United States.

The holding company’s main shareholders are the SCM Group (71.24%) and Smart Holding (23.76%). Metinvest Holding LLC is the management company of the Metinvest Group.

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Spain Welcomed Record 11.5 Mln Foreign Tourists in July

The number of foreign tourists who visited Spain in July rose by 4.6% year-over-year, reaching 11.539 million people, according to the National Institute of Statistics (INE).

This is a record high for any month since records began in 1995.

The largest number of tourists last month came from the United Kingdom—nearly 2.2 million—followed by France (1.6 million) and Germany (1.2 million).

The number of visitors from other European countries rose by 10% to 1.12 million.

The Balearic Islands welcomed the most tourists (2.57 million), followed by Catalonia (2.37 million), Andalusia (1.69 million), and the Valencian Community (1.63 million).

Total spending by visitors to the country in July rose by 10.9% year-over-year, to EUR 18.22 billion, or an average of EUR 1,579 per person.

From January through July, tourist arrivals to Spain rose by 4.6%, to approximately 58.1 million people. This is also a record figure for that period. Foreign tourists spent EUR82.05 billion in the country over the seven-month period.

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