Nova Poshta, the leader in express delivery in Ukraine and part of the Nova Group, has fully placed G series bonds with a total nominal value of UAH 1 billion.
The National Securities and Stock Market Commission (NSSMC) approved the corresponding bond issue report on July 22, 2025.
The nominal value of the bonds is UAH 1,000, and other parameters of this closed issue have not been announced.
As reported, in April 2024, Nova Poshta registered issues of Series E and F bonds worth UAH 1 billion, with maturities on July 29 of this year and May 31, 2026, respectively. The nominal yield on these bonds is set at 17% and 16% per annum, respectively.
In January this year, Nova Poshta already redeemed Series D bonds issued in April 2023 in the amount of UAH 800 million.
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 placement will be carried out without a public offering. The company has declared that the funds raised will be used to develop its terminal network (35%), invest in IT (15%), BDF containers and motor vehicles (30%), and packaging for parcels (20%).
According to Nova Poshta’s financial report for the first quarter of 2025, its net consolidated revenue increased by 20.7% compared to the first quarter of last year, to UAH 14.3332 billion, while net profit decreased by 21.4%, to UAH 567.7 million.
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 2025, the 10-year period of cooperation between Nova Poshta and CEO Oleksandr Bulba ends, the company’s press service reports.
It is noted that under Bulba’s leadership, the company has achieved the most ambitious results.
“Between 2015 and 2025, Nova Poshta increased its annual delivery volume from 93 million to 500 million (as planned for the end of 2025). By the end of this year, the company’s network will cover 50 thousand service points across the country, 25 times more than at the beginning of cooperation with Bulba. Parcels in Ukraine are consistently delivered in less than 24 hours, and the international business is showing steady growth.
The press release emphasizes that the period of full-scale war deserves special attention. Despite the mobilization of the team, constant attacks on infrastructure and destroyed logistics routes, the company not only maintained its stability but also continued to develop, introduce new services and support the country’s economy.
“The success of Nova Poshta is the result of the consistent work of the CEO and the large team he led. For many years in a row, Oleksandr Bulba has been recognized as one of the most effective leaders in Ukraine. At the same time, any success comes at a price, and even the most successful projects need a fresh look. That’s why the company’s co-owners, together with Oleksandr, made a joint decision: 2025 will be his final year as CEO of
Nova Poshta. Until the end of the year, Bulba will continue to lead the company, focusing on the implementation of the approved development strategy,” the release said.
Thus, on December 31, 2025, Nova Poshta will have a new CEO. The co-owners and the Supervisory Board express their deep gratitude to Bulba for the years of fruitful cooperation and his invaluable contribution to the company’s development.
The European Bank for Reconstruction and Development (EBRD) has granted a loan of up to EUR50 million to Nova Poshta LLC, part of the Nova Group, to finance part of its capital investment program for 2025-2026.
According to the bank’s press release on Friday, the loan will be multi-currency with the option of drawing funds in hryvnia and euros and will consist of two tranches: the first tranche of EUR35 million will be provided upon signing, and the second tranche of EUR15 million will be reserved by the bank at its sole discretion.
According to the release, Nova Poshta’s development strategy supported by the loan includes improving physical infrastructure, optimizing and expanding the network, modernizing IT systems, improving energy management and restoring human capital, as well as decarbonization and wider access for women.
The total cost of the project is EUR69.1 million, according to the announcement.
The EBRD financing is guaranteed by a first loss guarantee covering 15% of the EBRD loan amount provided by the European Union (EU) under the Ukraine Investment Framework for Municipal Infrastructure and Industrial Resilience (UIF MIIR).
An investment grant of up to EUR1.5 million is also expected to be provided to support decarbonization and human capital restoration programs supported by the TaiwanBusiness-EBRD Technical Cooperation Fund and the Crisis Response Special Fund (CRSF).
According to the release, in 2024, Nova Poshta set a new record by delivering 429 million shipments, 16% more than in 2023, and the significant growth in demand, in turn, created a need for further expansion.
Nova Poshta is the main operating subsidiary of the Nova Group, which is owned by two Ukrainian businessmen, Vyacheslav Klimov and Volodymyr Poperechnyuk. It operates a network of over 39,000 service points and has around 33,000 employees in Ukraine, serving over 11 million customers every month.
The EBRD has been successfully cooperating with Nova Poshta since 2018, financing four of its projects during this time.
According to Nova Poshta’s financial report for the first quarter of 2025, its consolidated net income increased by 20.7% compared to the first quarter of last year, to UAH 14.3332 billion, while net profit decreased by 21.4%, to UAH 567.7 million. The ultimate beneficial owners of the company are Volodymyr Poperechnyuk and Vyacheslav Klimov.
The European Bank for Reconstruction and Development (EBRD) plans to provide a loan of up to EUR 50 million to Nova Poshta LLC of the Nova Group of Companies (GC) to finance part of its capital investment program for 2025-2026, with a focus on improving operational efficiency and supporting the company’s development strategy in Ukraine during the war.
“… includes improving physical infrastructure, optimizing and expanding the network, modernizing IT systems, improving energy management, and restoring human capital,” the bank lists the elements of Nova Poshta’s development strategy on its website.
It is noted that the loan will be multi-currency with the possibility of selecting funds in hryvnia and euros and will consist of two tranches: tranche 1 in the amount of EUR 35 million will be reserved from the moment of signing, tranche 2 in the amount of EUR 15 million will be reserved by the bank solely at its discretion.
The total cost of the project, according to the report, is EUR 69.1 million.
The EBRD reminds that Nova Poshta is the leading private postal and courier operator in Ukraine, with a network of more than 12,000 branches and 27,000 post offices and about 34,000 employees. Every month, the company provides services to more than 11 million customers in Ukraine.
This project, which has passed the final review stage and is awaiting approval, possibly in June, is the fifth in the history of relations between Nova Group and the EBRD.
It is noted that under the existing loan, in May 2025, the company informed the bank of a planned reduction of about 2,900 employees, which is less than 10% of the total number. The EBRD emphasizes that the analysis of this reduction process confirmed that the client complies with the terms of such collective dismissals stipulated in the loan agreement, provided a detailed description of the reduction process, has an effective grievance system and responds appropriately to them without any litigation, and has an effective process of interaction with the trade union, which is informed about the large-scale restructuring plan that will affect employees throughout 2025.
As reported, last August, the EBRD provided a EUR 70 million loan to Nova Group to finance its investment program for 2024.
According to Nova Poshta’s financial report for the first quarter of 2025, its net consolidated revenue increased by 20.7% compared to the first quarter of last year to UAH 14 billion 333.2 million, while net profit decreased by 21.4% to UAH 567.7 million. The ultimate beneficial owners of the company are Volodymyr Popereshnyuk and Viacheslav Klymov.
As noted by the Standard Rating agency, as of the beginning of April this year, with total accounts payable of UAH 13.51 billion, Nova Poshta used, in addition to long-term bank loans, resources raised from the issue of two series of bonds – E and F series of UAH 1 billion each.
At the end of May, the National Securities and Stock Market Commission (NSSMC) approved the decision to place two new bond issues of Nova Poshta, Ukraine’s leading express delivery company: series G and H with a nominal value of UAH 1 billion each.
According to the regulator’s decisions, the issuer plans to conduct a private placement of bonds.
The SMIDA disclosure system indicates that the nominal value of one bond is UAH 1,000.
It is noted that 35% of investments will be attracted to the development of the terminal network, 15% to IT, 30% to BDF containers and motor transport, and 20% to packaging for parcels.
According to Nova Poshta’s financial report for the first quarter of 2025, its net consolidated revenue increased by 20.7% compared to the first quarter of last year, to UAH 14 billion 333.2 million, while net profit decreased by 21.4%, to UAH 567.7 million.
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.
According to the rating agency Standard Rating, as of early April this year, Nova Poshta had total accounts payable of UAH 13.51 billion and, in addition to long-term bank loans, used resources raised from the issue of two series of bonds – E and F, each worth UAH 1 billion, which were registered by the National Securities and Stock Market Commission on April 26, 2024.
The nominal yield on Series E bonds is 17% per annum, Series F bonds is 16% per annum, and the interest period is 91 days. The maturity date of Series E bonds is May 31, 2026.
In January 2025, Nova Poshta redeemed Series D bonds issued in April 2023 in the amount of UAH 800 million, and prior to that, in 2020-2024, three more bond issues totaling UAH 1.8 billion.
Nova Poshta, Ukraine’s leading express delivery company, has opened a new sorting hub in Kaunas after two years of operating in Lithuania and opening more than 650 service points in the country, according to a press release on Monday.
“Kaunas is one of the key logistics hubs in the EU. The city’s convenient location at the intersection of major transport corridors allows us to build efficient routes for both domestic and international shipments,” said Svitlana Knyzhka, CEO of Nova Post in Lithuania, in the release.
It is noted that the hub handles over 1,000 shipments daily, operates 24/7, and provides delivery throughout Lithuania, as well as to Ukraine and other European Union countries. Its launch has made it possible to speed up delivery to Latvia by one day and to Estonia by two days.
The logistics hub also houses a Nova Poshta cargo department, where you can send and receive documents, parcels, and cargo weighing up to 1,000 kg.
“This year, we also plan to launch fulfillment based at the hub in Kaunas. This will open up new opportunities for our business customers: they will be able to store goods, process orders quickly, and deliver them fast both in Lithuania and across Europe, including Ukraine,” said Knyzhka.
She added that the company is also actively working on integration with platforms such as Kamenskaya Ink, Multiparcel, and Swotzy.
As reported, the consolidated revenue of the NOVA group of companies, which includes the parent company Nova Poshta LLC and its subsidiaries, in particular NovaPay, NovaPay PL, NP Digital, NOVA Digital Sp. z o.o. (Poland), Nova-Enerji, Novobox, Nova Place, Nova Post Europe, subsidiaries in Lithuania, Moldova, Poland, Slovakia, Hungary, Romania, Estonia, Latvia, the Czech Republic, Canada, Great Britain, France, Italy, Poland, Belgium, Spain, the Netherlands, in 2024 grew by 24% to UAH 54.2 billion. Consolidated profit decreased by 10.8% to UAH 3.81 billion.
