Business news from Ukraine

EXPRESS DELIVERY COMPANY NOVA POSHTA OPENS 49 NEW DEPOTS

The Nova Poshta Group (Kyiv), operating in the express delivery segment, opened 49 new depots in August 2018.
According to a company press release, the total number of depots across the country grew to 2,440.
“In August, 49 depots were opened: 13 mini departments accepting parcels weighing up to 15 kg, 23 depots for sending parcels weighing up to 30 kg, and 13 depots unlimited by weight,” the company said.
New branches appeared in Kyiv, Ivano-Frankivsk, Ternopil, Kharkiv and other large cities, as well as in smaller towns – in Nadvirna, Bakhmut, Enerhodar, Ichnia, Baturin and others.
In addition, the company has changed the locations of 18 already operating branches to more convenient ones in different cities of Ukraine in order to reduce the load on the branches.
Nova Poshta also continued its partnership with retail supermarket networks.
The Auchan Ukraine network has four pick-up and drop-off points in Kyiv and it is planned to expand into all 23 stores.
Nova Poshta opens new depots in the Leroy Merlin network in Kyiv; the Lotok network has more than 10 pick-up and drop-off points around the city.
According to the company’s report, in January-July 2018, Nova Poshta customers in the e-commerce market sent 19.2 million items, which is almost 27% more than in the same period of 2017.

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EXPRESS DELIVERY NOVA POSHTA PLANS TO OPEN THIRD WAREHOUSE IN LVIV REGION

Nova Poshta (Kyiv), the leader of express delivery in Ukraine, in partnership with private co-investors is implementing a project on construction of a new logistic terminal of class A with gross area of 3,200 square meters in Chervonohrad (Lviv region).
“The Nova Poshta company gave us all terms of reference and requirements [to the facility], and we designed the facility and are building it. Then we will lease the premises to Nova Poshta. Decoration works inside the warehouse are being done. I think that in two or three months the facility will be launched,” the head and co-investor in the project Nazariy Bilobran told Interfax-Ukraine.
He said that the new warehouse of Nova Poshta will be located on two parcels of 0.8 ha (0.5 and 0.3 has) at 1 and 1B, Kopernik Street in Chervonohrad.
“The logistic terminal will be designed for reloading goods. There will also be a Nova Poshta branch, a client zone. This will be the third warehouse in Lviv region that will cover the northern part and probably part of Volyn region. Local business is carrying out all works to build the facility, taxes will be paid to the city budget,” Bilobran said.
According to Bilobran, this facility will become the second logistic terminal realized for Nova Poshta: in 2017 a similar project was constructed in Stryi (Lviv region).
Nova Poshta told Interfax-Ukraine that the company plans to build new terminals in partnership with developers.
“This year, Nova Posta is building a Khmelnytsky terminal, for which the EBRD has provided a loan. Other terminals will be built in partnership with developers, in particular, they have already begun to build in Lviv region and we are now in the process of negotiations with developers in Kharkiv,” the press service said.

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EBRD TO CREDIT EXPRESS DELIVERY NOVA POSHTA

The European Bank for Recontruction and Development (EBRD) would provide a loan to Nova Poshta, the leader in express delivry in Ukraine, for its development.
The two sides of the loan agreement confirmed their plans. The sum of the loan is not disclosed. The EBRD has not yet posted information about the loan on its website. According to the rules of the bank, it can decide not to publish information about a loan which is smaller than $20 million. The details of the agreement and development plans will be announced at a joint press conference on April 4, 2018. Nova Poshta, founded in 2001, is the leader in the local delivery market. The company’s network consists of more than 2,300 depots. In 2017, Nova Poshta delivered more than 145 million items.

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LEADER OF EXPRESS DELIVERY IN UKRAINE “NOVA POSHTA” DEMANDS HALT OF PRESSURE ON BUSINESS FROM AUTHORITIES

Nova Poshta group of companies, the leader of express delivery in Ukraine, demands to immediately stop criminal proceedings against it and pressure on business. According to an Interfax-Ukraine correspondent, this was stated by co-founder of the group Viacheslav Klimov during a press conference at Interfax-Ukraine dedicated to searches in the offices of Nova Poshta conducted by the Prosecutor General’s Office of Ukraine on Friday, March 16.
“At the same time, I want to emphasize that we are ready to answer any questions of law enforcers through civilized requests, through meetings, and not in the form of forceful actions, searches and interrogations. Our lawyers, the employees of financial directorates are ready to cooperate and answer any questions, but we want this to be made not in blocked offices, not within eight hours, not in the format of searches, interrogations, and arrests,” he said.
According to Klimov, Nova Poshta reminds the authorities and demands them to fulfill the promise to create a financial investigations service that will deprive the appropriate forces of relevant powers and will become an analytical service without force instruments as in the entire civilized world.
“We are sure that the effectiveness of this kind of activity will grow at once, which will influence the budget of our law enforcement bodies. We also demand that the moratorium on inspections, which has recently expired and inspections immediately resumed and became more aggressive, be renewed,” Klimov added.

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