The Nova group of companies, which includes the express delivery leader Nova Poshta and the financial service NovaPay (TM NovaPay), plans to grow fourfold in five years, according to the group’s co-founder Volodymyr Poperechnyuk.
“We presented our vision for the next five years. We expect to continue expanding globally and plan to grow fourfold during this period,” he wrote on Facebook.
“We have also set ourselves the ambitious goal of becoming one of the top 20 largest postal and logistics companies in the world. Currently, we are only in the top 30,” Poperechnyuk emphasized.
In his opinion, a similar goal could be set for the economy of the entire country, which currently ranks 56th-58th in the world.
“If the goal was to be in the top 20, we would catch up with Poland!” noted the founder of Nova Poshta, adding that he considers such a goal realistic.
He believes that this “does not require ingenious decisions by the authorities, but only that they do not interfere with business,” that they provide economic freedom, in particular through privatization, deregulation, and tax cuts.
As reported, in the first half of 2025, Nova Poshta increased its consolidated net profit by 18.6% compared to the same period last year, to UAH 1.765 billion, and its consolidated net income by 22%, to UAH 29.829 billion.
The volume of parcels and cargo delivered amounted to 238 million (7% more), its network of branches grew by 708 points to 13,985, and the number of parcel terminals increased by more than 4,000 to 28,326.
Nova Poshta, Ukraine’s leading express delivery service from the Nova Group, has updated its delivery rules to the US due to Washington’s cancellation of the $800 duty-free threshold: the cost of delivery has increased by at least 10% due to the duty applied to goods from Ukraine.
According to a press release from Nova Poshta on Wednesday, if the sender is the payer, customs clearance services are included in the tariff, while if the recipient is the payer, they will have to pay, in addition to 10% of the cost of the shipment, customs brokerage services starting at $25 per shipment upon receipt.
It is noted that the recipient will be sent an email with a link to pay the customs duty and customs brokerage services. Delivery of the shipment will be carried out after payment, and the final amount of customs duty and customs brokerage services will be determined during customs clearance upon delivery in the United States.
The company emphasized that it is important to correctly indicate the country of origin of the goods in the shipment. The 10% duty rate applies only to goods produced in Ukraine. Rates may vary for goods from other countries.
It is also indicated that a technical solution has been developed for Nova Post API users to select the payer of customs duties for the United States.
On the eve of the announcement, Ihor Smelyansky, CEO of Ukrposhta, Nova Poshta’s main competitor, said that his company would also continue commercial mail deliveries to the US after the country introduced a 10% duty on shipments worth up to $800, and delivery rates to the US will increase by an average of $1.5-3.
According to the CEO of Ukrposhta, Ukrainian senders will have an advantage over competitors from most other countries, as the rate for Ukraine is the lowest at 10%, while for EU countries it is 15% and for Switzerland 39%. In addition, most European countries are pausing shipments to the US until the 10% duty collection procedure is settled.
DUTY, NOVA, NOVA POSHTA, USA
Nova Poshta, the leader in express delivery in Ukraine and part of the Nova Group, has fully placed its Series H bonds with a total nominal value of UAH 1 billion after the redemption of Series E bonds with the same nominal value on July 30.
The National Securities and Stock Market Commission (NSSMC) approved the relevant bond issue report on August 19, 2025.
The bonds have a par value of UAH 1,000, with 1 million bonds issued without a public offering. No other details of the issue have been disclosed.
In May this year, the NSSMC approved the placement of two new issues of Nova Poshta bonds – series G and H with a nominal value of UAH 1 billion each. The company declared that the funds raised would be used to develop its terminal network (35%), invest in IT (15%), BDF containers and motor vehicles (30%), and packaging for parcels (20%).
In July 2025, Nova Poshta fully placed Series G bonds with a total nominal value of UAH 1 billion.
As of mid-2021, Nova Poshta had obligations under three bond issues of Series E,
“F” and “G” bonds in the amount of UAH 995.82 million maturing on July 30 of this year, UAH 998.45 million maturing on June 1 of next year, and UAH 999.38 million maturing on May 2, 2027. The interest rate on bonds “F” and “G” is 16% per annum. The company already has five redeemed bond issues since August 2020 for a total amount of UAH 3.6 billion.
In the second quarter of 2025, the company increased its unconsolidated net profit by 2.6% compared to the same period in 2024, to UAH 905.45 million, with revenue growing by 22.9% to UAH 12 billion 712.14 million. In total, in the first half of this year, Nova Poshta’s net profit decreased by 19.6% to UAH 1 billion 195.74 million, with revenue growing by 22.1% to UAH 24 billion 571.27 million.
The company’s equity for the first half of 2025 increased by 6.1% to UAH 12.30 billion, while liabilities increased by 2.8% to UAH 20.56 billion.
The main activity of Nova Poshta remains the express delivery of documents, parcels, and palletized large-size cargo. The company is the leader in express delivery in Ukraine. Its ultimate beneficial owners are Volodymyr Poperechnyuk and Vyacheslav Klimov.
Nova Poshta, the leader in express delivery in Ukraine and part of the Nova Group, increased its revenue by 23% in the first half of 2025 compared to the same period in 2024, to UAH 24.6 billion, the company reported on Thursday.
According to the release, the volume of parcels and cargo delivered amounted to 238 million, which is 7% more than in the same period of 2024.
Earlier it was reported that in the first quarter of this year, Nova Poshta increased its revenue by 21.3% to UAH 11.85 billion and delivered 106.6 million parcels and cargoes.
According to the release, 5.9 million international parcels were delivered in the first half of 2025, compared to 10.2 million for the whole of 2024.
In addition, the Nova Poshta branch network grew by 708 locations in the first six months of this year, to 13,985, and the number of parcel terminals increased by more than 4,000 to 28,326, while in mid-2024 there were 12,180 and 18,370, respectively.
It is noted that in six months, NOVA Group companies paid UAH 7.9 billion in taxes and fees in Ukraine, which is 36% more than in the first half of 2024: Nova Poshta – UAH 6.1 billion, NovaPay – UAH 765 million, Nova Digital – UAH 211 million, Nova Global – UAH 94 million.
The company noted that in the first half of 2025, capital investments amounted to UAH 1.9 billion. The funds were allocated to network expansion, modernization of sorting hubs, renewal of the logistics fleet, development of energy independence, and digital solutions, while in the first six months of last year, the company reported UAH 3.6 billion in capital investments.
According to the release, in January-June this year, UAH 983 million was allocated to charity, 1.4 million humanitarian shipments, or 35,700 tons, were delivered, and a total of more than 4.6 million have been delivered since the start of the full-scale invasion.
The main activity of Nova Poshta remains the express delivery of documents, parcels, and palletized large-size cargo.
The company is the leader in express delivery in Ukraine. Its ultimate beneficial owners are Volodymyr Poperechnyuk and Vyacheslav Klimov.
In 2024, the NOVA Group of Companies (NOVA) (Nova Poshta) doubled its investments to UAH 8.5 billion compared to 2021, said NOVA CFO Petro Fokov.
“NOVA Group’s investments this year (2024 – IF-U) amount to UAH 8.5 billion. This is twice as much as the amount of investments in 2021,” he said at the Ukrainian CFO Forum on Thursday.
According to the CFO, the group is investing in areas that provide an opportunity to increase the speed, ease and reliability of delivery.
Fokov identified four main components of the NOVA Group’s investment program: the development of a network of branches and post offices in Ukraine, including the opening of new ones, repair and upgrading of existing ones, and the construction of shelters and safety capsules, in particular in branches located in the frontline areas.
Another component is investments in the automation of sorting centers.
“In particular, these are new services, including fulfillment – logistics outsourcing, whereby an online store transfers goods for storage and order picking to a logistics operator,” said the NOVA Group CFO, adding that the service can significantly speed up the delivery of shipments to customers.
An important component of NOVA’s investments is energy independence. The group invests in solar panels and gas cogeneration to produce electricity for its own needs.
Mr. Fokov also emphasized investments in the international business: NOVA Group operates in 15 countries. “Even this year, our first foreign country has turned a profit, although most of them have not yet – they are still approaching the break-even point,” Fokov said.
In addition, NOVA allocated UAH 1.5 billion to help the Armed Forces.
The chief financial officer named the group’s own and borrowed funds as the main sources of investment financing. In particular, this is a UAH 3 billion loan from the European Bank for Reconstruction and Development (EBRD), which was received in 2024.
“This year we signed an agreement for UAH 3 billion with the EBRD. We received the first loan six years ago for a minimum amount of UAH 180 million. We built the facility and repaid the loan on time, and now we have a strong (credit – IF-U) history worth UAH 3 billion,” Fokov stated, adding that the EBRD lends to NOVA Group in hryvnia.
The group also attracts loans from commercial banks, working with 10 leading Ukrainian banks and following a strategy of unifying bank covenants.
“As I said, we have 10 partner banks and each of them has its own requirements that are important to fulfill. And it is quite difficult when you have 10 different covenant systems and need to ensure 100% compliance. Our strategy is to fully unify the covenants of all our business partners… We have taken the most developed system of financial covenants of the EBRD as a basis and offer our partner banks with which we start cooperation to join this system or choose requirements from this menu. So far, we have succeeded… I advise all CFOs to try to implement such a policy,” Fokov said.
According to him, the banks’ consent depends on the size and reputation of the company.
“If you have a strong reputation, it’s easier to do, because you have a certain negotiating power. Or it can be done when you have a partner like the EBRD or other international financial institutions,” said the NOVA CFO.
The third component of NOVA’s investment program financing is hryvnia bonds issued by the group, Fokov said. According to him, by issuing bonds in January 2023, the group became the first to resume raising funds through this type of debt financing after the full-scale invasion.
After the war is over and the energy supply situation improves, Nova Group will sell Nova Energy, a company created to develop generation, as a non-core business, said co-owner of Nova Group Volodymyr Popereshnyuk.
“…When the war is over… I will willingly sell this company to those for whom it is a passion, for whom it is the main business, the core business, because I believe that everyone should do their own thing,” Popereshnyuk said at the Energy of Business forum organized by Forbes.
He emphasized that Nova Energia is a non-core asset for NOVA Group, which the company is forced to deal with.
As of today, Nova Energia has already obtained most of the licenses, including the license to purchase fuel for refueling generators.
“Indeed, we opened Nova Energia not only because we need to produce electricity, but also because we need to refuel ourselves, because we had a fuel crisis that scared us, because we realized that if we don’t save ourselves, we may even stop, because fuel is critical for us… We have obtained a license for fuel to refuel our generators,” said Popereshnyuk.
He clarified that the market has long been subject to restrictions on the amount of one-time storage of fuel without a license.
According to him, Nova Energia already has about 4 thousand generators with a total capacity of 40 MW.
In addition, according to Popereshniuk, the company has ordered gas piston units and installed a number of solar power plants, and plans to install five more next year.
