Business news from Ukraine

Business news from Ukraine

“Nova Poshta” has expanded its network in Ukraine by 23%

“In 2023, Nova Poshta, a member of the Nova group of companies, increased its network in Ukraine by 5 thousand units to 27 thousand (+23%), the company’s press service said on Friday.

According to the release, during 2023, Nova Poshta opened 2,242 thousand new branches and installed 1,853 thousand new post offices.

The company specified that as of the beginning of 2024, the Nova Poshta network consists of 11.46 thousand branches and 15.59 thousand post offices, of which 60% operate indoors and in residential complexes, and 40% are outdoor.

“A special emphasis was placed on the opening of PUDOs – service points on the territory of the existing business of partners, where you can send or receive already paid parcels weighing up to 10 kg. Such points can be located in pharmacies, shops, gas stations and are already operating in the BRSM, Moyo, Delvi networks,” the company said.

It is noted that in 2023, Nova Poshta spent UAH 1.1 billion to expand and develop the network.

At the same time, the company plans to increase this amount to UAH 1.9 billion in 2024 and open another 9 thousand service points.

Currently, Nova Poshta’s branches and post offices operate in more than 10 thousand settlements across Ukraine. The most active growth of the network took place in Chernivtsi, Ternopil, Vinnytsia, Volyn, Rivne, Kirovohrad and Cherkasy regions, according to the release.

“Nova Poshta” and “Come Back Alive” Charity Foundation deliver aid to Ukrainian Air Force

Nova Group and Nova Poshta, together with the Come Back Alive charity foundation, have handed over the third batch of aid in the form of integrated communication devices (ICDs) to the Ukrainian Air Force as part of the Pack the Sky – Upgrade Air Defense project, the group’s press service said on Friday.

“This is the first project in Ukraine that comprehensively provides the air force with communications,” said Olena Plakhova, Nova’s director of reputation management.

According to the release, the exact number of KAZs transferred was not disclosed, but all of them have already been delivered to the Center Air Command and are helping to defend Kyiv, Poltava, Vinnytsia, Zhytomyr, and other cities and villages in the central part of the country.

According to the report, the KAZs are domestic trucks with high cross-country ability, provided with the necessary equipment, machinery, and secure communications to effectively perform combat missions. Their main task is to accompany air defense missile systems.

The cost of one KAZ is about UAH 7 million.

As reported, last year, to strengthen air defense within the framework of the “Pack the Sky – Upgrade Air Defense” project, from June 1 to December 26, “Come Back Alive” together with Nova Poshta raised UAH 330 million.

It is noted that thanks to the Foundation’s operational work with manufacturers and engineers, in October 2023, before the end of the collection, “Come Back Alive” and “Nova Poshta” handed over two batches of equipment to air defense units: a batch of portable communication and control kits, as well as telecommunication kits and related equipment.

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Nova Poshta Group has changed its name to NOVA

Nova Poshta Group of Companies has changed its name to Nova, but Nova Poshta, a logistics and postal operator operating in the Ukrainian market, will retain its brand, the group’s press service said on Tuesday.

“We are already much more than a post office, so we are removing this word in the name of the group of companies and leaving a broad, unbounded name – NOVA,” the release cites the rebranding rationale.

“The main goal of the NOVA group is to provide easy delivery of anything for life and business. So far, these are parcels, money and technology, but we are not going to stop there,” said Vyacheslav Klimov, co-owner of the group.

According to the release, the NOVA group of companies includes six companies: “Nova Poshta, Nova Post Europe, NovaPay, Nova Global, Supernova Airlines and Nova Digital.

It is noted that Nova Poshta provides delivery services, as well as freight transportation and fulfillment, and its network currently includes 11.4 thousand branches and 15.5 thousand post offices in Ukraine.

Nova Post Europe delivers documents, parcels and cargo across Europe and between the EU and Ukraine. The company has representative offices and 83 own branches in 11 countries: Moldova, Poland, Lithuania, Czech Republic, Romania, Germany, Slovakia, Estonia, Latvia, Hungary, and Italy, and operates through 35 thousand service points.

According to the release, NovaPay is a non-bank financial institution that develops its own international payment system and provides financial services to private clients and businesses, currently servicing 2.6 million transactions per day. At the end of last year, the company released an application that allows customers to open current accounts.

It is noted that Nova Global, a member of the group, focuses on the global e-commerce market and cooperation with international marketplaces. The company offers Ukrainian small and medium-sized businesses services to enter new markets and develop exports.

Supernova Airlines, according to the release, has already operated dozens of flights between European countries and will soon start transcontinental flights with cargo planes.

IT company Nova Digital, a part of Nova Group, creates and maintains web applications and software products for Nova Poshta and other companies of the group, which, according to the release, has a total of 32 million private and corporate clients.

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Nova Poshta opens 3rd branch in Czech Republic

“Nova Poshta, the leader in express delivery in Ukraine, has opened a Nova Post post office in Brno, the third branch of the network in the Czech Republic, the company’s press service said on Friday.

“This is just the beginning of our development. Next year, we plan to open branches in 4 more Czech cities,” said Vladimir Sterenchuk, CEO of Nova Post in the Czech Republic and Slovakia.

According to him, in 2024, Nova Post branches will appear in Pilsen, Ostrava, Liberec and Český Budějovice.

At the new Brno branch, customers can send and receive documents and parcels weighing up to 30 kg from Ukraine. Delivery time to Ukraine is 5 days or more.

As reported, Nova Post entered the Czech market in June and opened two branches in Prague at once – a cargo branch weighing up to 1,000 kg and a postal branch weighing up to 30 kg, and launched a courier delivery service weighing up to 1,000 kg. In 6 months, the company delivered 30 thousand items.

In mid-November, Volodymyr Popereshnyuk, co-owner of Nova Poshta, announced that Nova Post plans to enter the markets of Italy, France, and Austria by the end of this year.

As of the beginning of November, Nova Poshta’s network in Ukraine included nearly 11,000 branches and 14.6,000 post offices.

The group of companies includes Ukrainian and foreign companies, including Nova Poshta, NP Logistic, NovaPay payment system and Nova Poshta Global.

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Nova Poshta opens its first branch in Latvia

Nova Poshta Group has launched the first Nova Post branch in Latvia – in its capital Riga, the group’s press service said on Friday.

According to the company’s press release on Friday, the Nova Post branch in Riga, which is open seven days a week, allows customers to receive and send documents, parcels and cargo up to 100 kg to Ukraine.

The cost of delivery to Latvia from Ukraine is: UAH 250 for documents, as well as UAH 400, UAH 600 and UAH 1.2 thousand for parcels up to 2 kg, 10 kg and 30 kg, respectively. When sending a parcel from 30 to 100 kg, 40 UAH is paid for each kilogram.

It is noted that the delivery time from Ukraine to Latvia or vice versa is 5 days.

In addition, there is a courier call service in Latvia through the Nova Poshta app.

“You can call a courier through the website and mobile application. Delivery or pickup by courier from the address is an additional UAH 100 for shipments up to 30 kg or UAH 250 for every 100 kg,” the company said.

Nova Poshta has already opened 68 branches in Latvia, Estonia, Lithuania, Poland, the Czech Republic, Romania, Germany, Slovakia, and Moldova, and plans to open in Hungary, Italy, France, and Austria by the end of the year.

As of the beginning of July 2023, the Nova Poshta network in Ukraine included more than 10 thousand branches and more than 14 thousand post offices.

The group of companies includes Ukrainian and foreign companies, including Nova Poshta, NP Logistic, NovaPay payment system and Nova Poshta Global.

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Nova Posta plans to open in six more EU countries by the end of the year

Nova Posta Group plans to enter the market of six more European Union countries by the end of the year, opening its first branches there, Nova Posta co-owner Vyacheslav Klimov said at the Kiev International Economic Forum this week Vyacheslav Klimov at the Kiev International Economic Forum held this week.

“We have expansion going on. There are already eight countries. There will be six more by the end of this year,” Klimov said.

As the company’s press service specified to Interfax-Ukraine, Nova Post branches will appear in Latvia, Estonia, Hungary, Italy, France and Austria.

Klimov noted at the forum that two languages – local and Ukrainian – will be working in Nova Post branches abroad.

“We have made a firm decision that two languages will be spoken in Nova Post branches in Europe. It will be the local language and it will be the Ukrainian language,” said the co-owner of the company.

He also said at the forum that the company’s group allocates about 100 million hryvnias per month to the needs of the army. Klimov specified that 3249 employees of the company are currently in the AFU, and since the beginning of the full-scale invasion 99 colleagues have died.

As reported, Nova Post has already opened 62 branches in Poland, Lithuania, Czech Republic, Romania, Germany and Moldova.

In the network Nova Posta in Ukraine at the beginning of July 2023 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.