Business news from Ukraine

Business news from Ukraine

Nova Post in Netherlands has increased its shipment volume fivefold

Nova Post, which entered the Dutch market in late 2024 with a door-to-door delivery service, increased its shipment volumes in the country fivefold in 2025 thanks to network expansion, collaboration with local partners, and e-commerce platforms.

According to a statement by Nova Post on Telegram on Wednesday, as of now, nearly 1,400 service points are available to customers in the Netherlands, and this year the company plans to integrate with Vinted Go, which will add another 1,700 parcel lockers and pickup points across the country.

In addition, Nova Post intends to collaborate with Sendcloud, a delivery automation platform for online stores, which will enable business customers to work with Nova Post through a single delivery management system.

It is noted that the company is seeking partners to open additional mini-branches in Amsterdam, Rotterdam, The Hague, Breda, and Eindhoven, while in 2025 it opened a freight branch in Utrecht and a pickup and drop-off point in Rotterdam.

At the same time, the report does not include information on the volume of shipments in the Netherlands for 2025.

Vyacheslav Klimov, co-owner of the express delivery leader Nova Poshta, said in March of this year that Nova Post Europe plans to double its network of branches in Europe in 2026 and keep its strategy focused on ensuring maximum delivery speed.

Nova Post Europe processed 13 million international shipments in 2025 and plans to increase this volume by over 30% in 2026 and maintain this pace through 2030, Nova Post Europe CEO Oleksandr Lysovets previously stated in an interview with Forbes Ukraine. According to him, these plans will be supported by a new phase of European expansion with investments exceeding $5 million.

The core business of Nova Post, the main asset of the NOVA Group, is express delivery of documents, parcels, and palletized oversized cargo. Its ultimate beneficial owners are Volodymyr Poperechnyuk and Klimov.

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Kharkiv Die Plant Increased Its Profit 6.7-Fold in 2025

PJSC “Kharkiv Die and Mold Plant” (KDM, Kharkiv) ended 2025 with a net profit of UAH 3.9 million, compared to UAH 0.58 million in 2024.

According to the company’s annual report published in the disclosure system of the National Securities and Stock Market Commission (NSSMC), net sales revenue increased by 60% to UAH 53 million.

Retained earnings as of the beginning of 2026 amounted to UAH 21.5 million, current liabilities to UAH 2.4 million, and long-term liabilities to UAH 1.47 million.

The plant had no contracts that had been concluded but not yet fulfilled, and the utilization rate of fixed assets was 100%.

KhZShP specializes in the production of cold sheet metal stamping dies, molds (for metal and plastic casting, as well as rubber and technical products), metal furniture, and consumer goods (ski bindings, furniture brackets, angle brackets, and fasteners).

According to data from the National Securities and Stock Market Commission (NSSMC) for the fourth quarter of 2025, more than 70.68% of the shares in PJSC “KhZShP” are owned by Said Shufani, 9.877% by Natalie Shufani, and nearly 10% by Mykhailo Bilyansky.

Said Shufani is the founder of the Variant Group of Companies, which he manages together with his sons. The group comprises 12 enterprises (10 of which are metalworking companies), which, in particular, are customers of KhZShP’s products.

According to the report, the plant’s main customers are Kharkiv-based “Variant Agro Bud,” PK “Industri,” LLC “SSK TM,” “S.S. Scaffolding,” “Litpol-Ukraine,” “KMD Facade Solutions,” “Termofit,” as well as “Technika Montazhu” (Lviv Oblast), ‘Stemax’ (Kyiv), the Dnipro Timber Processing Plant, and “Launch Ukraine” LLC (Dergachi, Kharkiv Oblast).

As of early 2026, the plant employed 81 people.

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Italy will focus on supplying medical equipment to maternity wards in Ukraine

Italy is focusing on supplying medical equipment for maternity wards in Ukraine, Italian Prime Minister Giorgia Meloni said.

“We promptly provided Ukraine with industrial boilers and electric generators to cope with power outages and supply disruptions caused by Russian attacks. Now we are focusing on sending medical equipment, especially for maternity wards,“ she said during a joint press conference with Ukrainian President Volodymyr Zelenskyy in Rome on Wednesday.

”I believe that we Italians should be proud of this work done to support the civilian population,” she said.

Meloni also emphasized that “Italy is very interested in developing joint production of drones, a sector in which Ukraine has become one of the world leaders over the years.”

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Europol Reports New Blow to “Balkan Cartel”

According to Serbian Economist, Europol has reported new progress in the investigation against the so-called “Balkan Cartel”: one of the alleged key members of the network, which investigators link to the supply of large shipments of cocaine from South America to the European market, has been detained in Montenegro. According to the agency, the case involves the smuggling of 2.7 tons of drugs.

As Europol clarifies, Montenegrin judicial authorities have filed charges against several suspects, and the investigation is focused on the international logistics of drug trafficking, financial flows, and the coordination of shipments within Europe. This involves a network that, according to investigators, operated across several countries and used the Balkans as part of a broader criminal network.

Earlier, in December 2025, the agency reported on a separate operation in Germany targeting key figures in this network; at that time, three individuals were detained and assets worth approximately 5 million euros were seized.

For Balkan countries, such cases have not only a criminal but also an economic dimension. Intensified international investigations, expanded data sharing between police and financial intelligence agencies, and pressure on illicit cross-border flows are becoming part of a broader agenda to reduce reputational and institutional risks in the region. For Montenegro, Serbia, and neighboring markets, this is also important from the perspective of investment image, as the fight against organized crime remains one of the EU’s key evaluation criteria.

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Viking Development Issues 100 Million UAH in Bonds

The National Securities and Stock Market Commission (NSSMC) has registered the issuance of registered corporate bonds (Series “A”) by Viking Park LLC (Lviv) in the amount of 100 million UAH.

According to the prospectus published by the company in the NSSMC’s information disclosure system, the placement of the bonds via a public offering will run from April 16 to April 30, 2026.

The face value of the bonds is UAH 1,000, with a total value of UAH 100 million.

The placement is organized by Univer Capital LLC.

According to the company’s website, Viking Park LLC conducts development activities under the Viking Development brand. Its portfolio includes over 30,000 square meters of completed housing in Lviv. Among its projects are the Viking Park, Viking Hills, Viking Gardens, and Helga residential complexes. According to information on the “LUN” real estate portal, since 2019 the developer has commissioned 13 buildings within two complexes, and another nine buildings in three residential complexes are currently under construction.

According to data from the YouControl analytical system, the owners of Viking Park LLC are listed as Teplokom LLC (88%) and ZNVKIF “Mira-Capital” JSC (12%). The ultimate beneficiary is Ernest Ishchuk.

As of the end of 2025, the company increased its net profit by 4.4% to 4.8 million UAH, while net revenue decreased by 18.4% to 168.7 million UAH. Assets nearly doubled to 1.8 billion UAH.

 

Ukrnafta and Ukrgazvydobuvannya Have Drilled Their First Joint Gas Well

JSC “Ukrnafta” and JSC “Ukrgazvydobuvannya” have jointly completed the drilling of a gas well at one of Ukrnafta’s fields.

The project, implemented as part of the cooperation between the two Naftogaz Group companies, marked the first practical step in developing internal cooperation to increase natural gas production in Ukraine.

As part of the project:

• JSC “Ukrgazvydobuvannya” provided drilling services using its own drilling rig;

• JSC “Ukrnafta” is responsible for the further development and operation of the facility.

The actual depth of the well is 5,681 meters.

“Increasing our own gas production is one of our key priorities. Synergy within the Naftogaz Group allows us to use resources more efficiently and accelerate project implementation,” said Serhiy Koretskyi, Head of the Naftogaz Group.

“This is the first joint project between Ukrnafta and Ukrgazvydobuvannya. We have developed a model of cooperation between the companies and achieved a practical result that provides a foundation for scaling up such cooperation in the future,” said Bohdan Kukura, Chairman of the Board of JSC Ukrnafta.

“Ukrgazvydobuvannya’s provision of services for the efficient use of the drilling rig fleet to increase hydrocarbon production for the state is a strategically important area of development. It strengthens Ukraine’s energy security and establishes a new model of successful cooperation within the Naftogaz Group,” emphasized Yuriy Tkachuk, CEO of JSC “Ukrgazvydobuvannya.”

The well development phase is currently underway. The drilling rig will be used to drill subsequent wells at Ukrnafta’s fields.

JSC “Ukrnafta” is Ukraine’s largest oil production company and operates the country’s largest national network of gas stations—UKRNAFTA. In 2024, the company entered into an asset management agreement with Glusco. In 2025, it finalized a deal with Shell Overseas Investments BV to purchase the Shell network in Ukraine. In total, it operates nearly 700 gas stations.

The company is implementing a comprehensive program to resume operations and modernize the format of gas stations in its network. Since February 2023, it has been issuing its own fuel vouchers and “NAFTACard” cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.

The largest shareholder of Ukrnafta is Naftogaz of Ukraine with a stake of 50% plus one share.

In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer to the state the share of corporate rights in the company that belonged to private owners, which is now managed by the Ministry of Defense.

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