Due to Russia’s strikes on the power grid, Nova Group has decided to set up Nova Energy to develop regular power generation, ensuring the autonomy of the company’s facilities, said Volodymyr Popereshnyuk, co-owner of Nova.
“When the Russians have recently started to hit the power generation, we realized that we needed to strengthen the autonomy of energy supply. We created Nova Energy, which will generate energy on a regular basis, including electricity generated by the sun and gas,” Popereshnyuk wrote on Facebook on Thursday.
He expressed hope that other companies would do the same.
“If regulations and bans do not interfere, entrepreneurs will very quickly create the capacities necessary for the economy. Because there are no problems that entrepreneurs are not able to solve,” Popereshnyuk wrote.
He recalled that at the beginning of the full-scale war, when Russia attacked Ukrainian refineries and oil depots, which led to an acute fuel shortage on the fuel market, Nova began purchasing fuel trucks, tanks, tanks, and fueling complexes to strengthen its fuel security and autonomy.
“Now we provide 60% of the fuel we need with our own resources,” said Popereshnyuk.
During the first wave of attacks on energy facilities in Ukraine in the fall and winter of 2022, Nova provided generators and batteries to its network of branches and sorting centers.
Earlier, Volodymyr Kudrytskyi, Chairman of the Board of NPC Ukrenergo, said that it would be advisable for industrial electricity consumers to consider providing themselves with their own generation to strengthen their energy resilience in the face of Russian attacks on the power system.
The NOVA Group, which includes the largest logistics operator Nova Poshta, invested UAH 5.3 billion in Ukraine in 2023, which is 2.5 times higher than the investment budget for 2022 (UAH 2.1 billion), the group said in a statement on Thursday.
“The level of Nova Poshta’s faith in the future of Ukraine in 2024 is even higher: this year it is planned to increase the amount of investments to UAH 7 billion,” the release said.
According to the release, last year NOVA also increased its tax payments by one and a half times to UAH 10.7 billion. It is specified that, in particular, Nova Poshta paid UAH 8.7 billion in taxes, and NovaPay paid UAH 1.2 billion.
The report indicates that last year, the largest amount of capital investment – UAH 2.4 billion – was directed to the construction of new sorting terminals and automation of those already in operation. It is noted that this allows the company to ensure an uninterrupted delivery process in the face of constant growth in cargo volumes and not lose speed: today the company delivers 1040 parcels every minute, and on peak loading days – 1400.
Another major expense item, according to the release, is the development of the network of branches and post offices for the purpose of walking distance accessibility, in which UAH 1.1 billion was invested. As a result, Nova Poshta’s network in Ukraine already includes more than 27 thousand service points.
Also, the investment budget of UAH 1.2 billion was used to automate workplaces and repair branches to make them convenient and barrier-free for different groups of consumers and employees.
It is specified that in 2023, UAH 233 million was spent on the renewal of the fleet of transport and BDF containers, UAH 338 million on IT and R&D, and UAH 17 million on the development of the fulfillment business.
