Business news from Ukraine

Nova Post opens 5 branches in Germany

Nova Posta Group opened five Nova Post branches in Germany in October and plans to launch 13 more by the end of the year, according to a press release on Wednesday.

“By the end of the year we will open 13 more branches in Düsseldorf, Dortmund, Stuttgart, Hanover, Bremen other cities. Our customers can already receive parcels from Ukraine in 7.7 thousand service points. Also in the near future we will provide an opportunity to receive parcels in partner post offices”, – said Sergey Simonov, CEO of Nova Post in Germany.

As reported, the first branch of Nova Post in Germany was opened in Berlin on June 30, 2023. There are already 7 Nova Post branches in German cities: in Berlin, Hamburg, Munich, Dresden, Frankfurt am Main and Cologne. Also, courier delivery is available to customers.

“Nova Posta already operates in Poland, Lithuania, Czech Republic, Germany, Moldova and Romania.

In the network of “Nova Posta” in Ukraine at the beginning of July this year included more than 10 thousand offices and more than 14 thousand post offices.

The Group includes Ukrainian and foreign companies, including Nova Posta, NP Logistics, NovaPay payment system and Nova Posta Global.

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German construction materials company Fixit receives investment insurance from Germany to build second plant in Ukraine

Prime Minister of Ukraine Denys Shmyhal says that German construction materials company Fixit has received investment insurance from the German government to build a second plant in Ukraine.

“We want German business to invest in Ukraine, to invest in recovery, and within the framework of the forum we are signing important documents… The building materials company Fixit will build a second plant in Ukraine and will receive investment insurance from the German government for this purpose, which will be signed here on the sidelines of the business conference,” Shmyhal said at a press conference at the sixth German-Ukrainian Economic Forum in Berlin on Tuesday.

According to the prime minister, Fixit will also receive a EUR12 million loan from the German bank KfW. “This is a very important and significant project,” he emphasized.

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Agrarian Ministers of Ukraine and Germany held meeting in Luxembourg

Agrarian Ministers of Ukraine and the Federal Republic of Germany Mykola Solskyy and Cem Ozdemir discussed the operation of the sea corridor from the ports of Odessa region within the framework of the meeting of the EU Council on Agriculture and Fisheries (AgriFish), which is held in Luxembourg on October 23-24, the press service of the Ministry of Agrarian Policy and Food of Ukraine reported.

According to the report, the parties also discussed the export of Ukrainian agricultural products to Europe, including the transit of grain to European ports.

Solskyy said that Ukraine within the framework of President Volodymyr Zelenskyy’s Grain from Ukraine initiative plans to send ships with humanitarian grain to African countries. In particular, 25,000 tons to Nigeria, 32,000 tons to Sudan and 12,500 tons to Somalia.

Ozdemir expressed his solidarity, noting that his country will continue to support Ukrainian farmers.

“Germany will continue to support Ukraine and stands in solidarity with it,” the press service of the German Ministry of Agriculture quoted Ozdemir as saying on Twitter during talks on the sidelines of the AgriFish meeting with Ukraine’s agro-politics minister Solskiy.

The German side also said that the agrarian ministers of the two countries discussed the prospects for expanding solidarity corridors, the efficiency of export routes and the strengthening of the Ukrainian agribusiness sector.

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Germany to provide Ukraine with additional 200 million euros to support education and health care

Germany will provide Ukraine with an additional 200m euros to support education, the health care system and drinking water supply, as well as reconstruction of cities.

This was announced by the German government’s commissioner for Ukraine’s reconstruction, Jochen Flasbart, during his visit to Ukraine, Deutsche Welle (Deutsche Welle) reported citing DPA.

According to the Ministry of Economic Cooperation and Development in Berlin, Germany has allocated about 1.1 billion euros to support civilians since Russia’s full-scale invasion of Ukraine.

On October 20, Flasbart announced on social network X that he had arrived in Kiev together with German Federal Minister for the Environment Steffi Lemke.

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Germany is preparing new aid package for Ukraine worth 1 bln euros

The German Ministry of Defense has announced that it is preparing a new “winter package” of aid for Ukraine worth about 1 billion euros, which will include additional Patriot and IRIS-T air defense systems, as well as Gepard self-propelled air defense systems.

“Germany is preparing a second winter package for Ukraine: to protect critical infrastructure and provide further support, Germany is providing additional air defense with Patriot, IRIS-T SLM and SLS worth approximately 1 billion euros, as well as three Gepard self-propelled air defense systems,” the Defense Ministry said in a statement on X.

The Defense Ministry also reported that in the next few weeks, 10 more Leopard1 A5 main battle tanks, 15 protected transport vehicles and almost 20 protected medical vehicles will arrive in Ukraine.

“Germany will continue to support Ukraine with what it needs most – air defense, ammunition and tanks,” German Defense Minister Boris Pistorius said.

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Germany to supply Ukraine with air defense systems to protect grain supplies

German authorities intend to send additional air defense systems to Ukraine to protect the country’s grain exports, Bloomberg reported on Wednesday, citing sources.

“They said on condition of anonymity that Berlin will supply an additional IRIS-T air defense system and more than a dozen Gepard systems to provide cover for shipments along Ukraine’s southern coast to Romania,” the agency reports.

These weapons are expected to arrive in Ukraine by the end of the year; Kyiv is to receive more IRIS-Ts as they are produced by Germany.

The sources did not disclose what routes these air defense systems will cover or what other capabilities Berlin may include in the new aid package for Ukraine.

German MP Markus Faber confirmed that Ukraine will receive additional IRIS-T and Gepard systems, as well as ammunition, but did not provide details.

According to Bloomberg, Gepard has a range of 4 km, and IRIS-T – up to 40 km. The air defense systems can be used to protect port infrastructure, the process of loading grain onto ships, and when they are at sea.

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