Novus Ukraine LLC has invested UAH 1 billion 360 million in business development in 2023-2024, said Oleksiy Panasenko, Deputy CEO for Operations at NOVUS, in an interview with Interfax-Ukraine.
“In total, NOVUS invested UAH 1 billion 360 million in 2023-2024 to expand its network, own logistics center, restore damaged and open 16 new stores, and implement an energy efficiency program. In 2025, we plan to invest in the development of the company, in various formats, despite the war. Our goal is to provide every customer with access to quality products,” he said.
He added that in 2024, 17 new facilities have already been opened, including 14 Mi Market convenience stores in the capital region. In particular, on December 18, Mi Market was opened in the residential complex Respublika with an area of 103.8 square meters, on December 20, the opening of NOVUS in Kyiv at 12 Petropavlivska Street was announced, and two more Mi Markets will open by the end of the year.
“The Mi Market format is highly efficient due to its compactness and focus on everyday needs. We see great prospects for the development of new residential areas and are actively working on an expansion strategy. We are planning to scale this format in densely populated areas, this year we will open two more, in 2025 – another 50 new Mi Market stores,” said Panasenko.
He noted that the Mi Market convenience store format provides for an area of 50 to 400 square meters. Investments in the opening of such a store, including renovation, purchase of equipment and other operating expenses, amount to about UAH 5 million.
The company is also preparing to open two NOVUS stores in the near future. One on Petropavlivska Street on December 20 with a total area of 600 square meters, and one on Sofiiska Borshchahivka in the first half of next year with a total area of over 2 thousand square meters.
“Both of them are equipped with modern energy-efficient equipment for uninterrupted operation and products of our own production,” Panasenko added.
He added that at this stage the company has no plans to expand to other regions.
“Currently, we are strategically focused on developing in the capital region and creating the most comfortable conditions for customers. Our main bet now is on organic growth and opening new stores in Kyiv and the region. We have no detailed plans to expand to other regions. At the same time, we are open to any proposals and are ready to consider new regions if it is economically feasible. It is important for us not just to enter a new market, but to be able to develop and build an effective business in this region,” said Panasenko.
The NOVUS supermarket chain is developed by BT Invest (Lithuania), a company established in 2008 by former Sandora shareholders Raimondas Tumenas and the late Igor Bezzub. As of the end of December, the chain had 115 locations (85 NOVUS, 28 Mi Market convenience stores and two Hapaika discounters).
According to Opendatabot, as of July 2021, the owner of Novus Ukraine with a 100% stake in the authorized capital was Consul Trade House CJSC (Vilnius, Lithuania). The ultimate beneficiaries are Marina Poznyakova, Agne Ruzgienė, and Raimondas Tumenas.
According to the company’s financial results, in 2023, its revenue increased by 47% to UAH 23.6 billion, while its net loss decreased by 87% to UAH 310.7 million.
Novus Ukraine LLC, which operates the Novus supermarket chain, has made its debut issue of corporate bonds totaling UAH 400 million, secured by its own real estate in Kyiv, the company’s press service reports.
“The issue of corporate bonds is an important step towards raising funds in the stock markets. We are becoming more open and public for potential investors. This product will contribute to the development of Ukraine’s securities market, as it has no analogues at present. The issue is unique in that it is secured by the commercial real estate of Novus Ukraine Group, which significantly minimizes the risks for potential investors,” Nina Orlovska, Deputy CEO of Novus Ukraine, said in a press release.
According to the report, the company will issue bonds with a nominal value of one thousand UAH maturing within three years with an annual redemption option. The yield is 15% per annum, and the interest rate can be revised within a year.
In addition, the bonds are secured by commercial real estate in Kyiv with an area of more than 10 thousand square meters.
Univer Investment Group is the underwriter of the issue, and Integrities Law Firm is the mortgagee and administrator.
Novus Ukraine LLC was established in 2008 and opened the first Novus supermarket in the country the same year. As of September 2024, the retailer’s network includes more than 80 Novus and 22 Mi Markets in Ukraine.
The Novus supermarket chain is developed by BT Invest (Lithuania), a company established in 2008 by former Sandora shareholders Raimondas Tumenas and the late Igor Bezzub.
According to Opendatabot, the owner of Novus Ukraine with a 100% share in the authorized capital was CJSC Consul Trade House (Vilnius, Lithuania). The ultimate beneficiaries are Marina Poznyakova, Agne Ruzgienė, and Raimondas Tumenas.
According to the company’s financial results, in 2023, its revenue increased by 47% to UAH 23.6 billion, while its net loss decreased by 87% to UAH 310.7 million.
Ruukki Energy sandwich panels were used for the construction of the NOVUS Logistics Center, the first BREEAM-certified food logistics complex in Ukraine, the Rauta press service reports.
“Especially for the logistics terminal, Rauta specialists, which is the exclusive importer of Ruukki sandwich panels in Ukraine, have developed a project of enclosing structures with unique nodes that provide maximum airtightness and significant cost savings during the operation of the facility,” said Rauta Director Andriy Ozeychuk.
As reported, in the spring of 2024, Novus Ukraine LLC, which operates the Novus hyper- and supermarket chain, launched the NOVUS Logistics Center in Kyiv, built according to the BREEAM green building principles with loans from the European Bank for Reconstruction and Development. The complex was BREEAM certified at the design stage, and now, after commissioning, the company is preparing the facility to receive the international BREEAM certificate for new buildings, rating Good.
With an area of more than 50 thousand square meters and a height of 15 meters, NOVUS Logistics Center is designed for 5.2 thousand pallet spaces and has 18 temperature zones – from -30 to +24 degrees Celsius.
According to Konstantin Parshin, Head of Operational Logistics at NOVUS, thanks to the use of Ruukki sandwich panels, the temperature inside the main room does not fall below the set 15 degrees in winter and does not rise above 20 degrees in summer.
The release emphasizes that the use of Ruukki Energy sandwich panels ensured the building’s airtightness up to q50 = 0.01 m3/h∙m2 and thermal resistance of structures up to R = 7.47 (m2∙K)/W, which are the best indicators for cold storage warehouses.
Founded in 2014, Rauta Group LLC (Rauta) is an engineering and construction company engaged in the design, supply and installation of sandwich panels, ventilated facades and prefabricated buildings. It is the exclusive importer of commercial products from the Finnish concern Ruukki to Ukraine, as well as the developer of a number of innovations that reduce the cost and time of construction.
CONSTRUCTION, NOVUS, OZEYCHUK, RAUTA, RUUKKI, SANDWICH PANELS
Novus Ukraine LLC has opened the 22nd Mi Market store in its network, the retailer’s press service reports.
The release notes that the company continues to develop the convenience store format.
The total area of the new store in Kyiv at 35 Anna Akhmatova Street is 118.7 square meters, of which the retail space is 74.2 square meters. The store’s assortment includes more than 2.8 thousand items, covering all categories necessary for everyday shopping, including fresh pastries, hot dogs and coffee. Along with the new Mi Market, Kusio pet store was opened.
Novus Ukraine LLC was established in 2008 and opened the first Novus supermarket in the country the same year. As of August 2024, the retailer’s network includes more than 80 Novus and 22 Mi Market stores in Ukraine.
The Novus supermarket chain is developed by BT Invest (Lithuania), a company established in 2008 by former Sandora shareholders Raimondas Tumenas and the late Igor Bezzub.
According to Opendatabot, as of July 2021, the owner of Novus Ukraine with a 100% stake in the authorized capital was Consul Trade House CJSC (Vilnius, Lithuania). The ultimate beneficiaries are Marina Poznyakova, Agne Ruzgienė, and Raimondas Tumenas.
According to the company’s financial results, in 2023, its revenue increased by 47% to UAH 23.6 billion, while its net loss decreased by 87% to UAH 310.7 million.
Novus Ukraine LLC has opened a new supermarket in Kyiv, in the Seven residential complex (18 Dniprovska embankment), the retailer’s press service reports.
This supermarket is reportedly the first new one to open in 2024. Its total area is 1046 square meters, with a sales area of 733 square meters.
“We are pleased to have the opportunity to continue developing our company in such a difficult time. Our goal is to create a comfortable space and meet the needs of our customers. The store is located in a residential complex, so for many residents it will become a “home” market where they can spend a lot of time,” Mark Petkevich, CEO of Novus, was quoted in the release as saying.
The store is equipped with a modern bakery, where fresh bread and other bakery products will be baked daily. Particular attention is paid to a wide range of chilled meat and ready-to-eat meals of its own production, which can become a full-fledged alternative to cooking at home.
“We strive not only to satisfy the basic needs of our customers, but also to offer a special gastronomic experience that will become an alternative to home cooking,” Novus adds.
Novus Ukraine LLC was established in 2008 and opened the first Novus supermarket in the country the same year. As of August 2024, the retailer’s network includes more than 80 Novus and 21 Mi Market stores in Ukraine.
The Novus supermarket chain is developed by BT Invest (Lithuania), a company established in 2008 by former Sandora shareholders Raimondas Tumenas and the late Igor Bezzub.
According to Opendatabot, as of July 2021, the owner of Novus Ukraine with a 100% stake in the authorized capital was Consul Trade House CJSC (Vilnius, Lithuania). The ultimate beneficiaries are Marina Poznyakova, Agne Ruzgienė, and Raimondas Tumenas.
According to the company’s financial results, in 2023, its revenue increased by 47% to UAH 23.6 billion, while its net loss decreased by 87% to UAH 310.7 million.
Owner of Novus Ukraine LLC, Consul Trade House UAB, has completed a deal with Rewe International AGo to acquire a 100% stake in the authorized capital of Billa-Ukraine, a foreign investment enterprise, which is developing the Billa supermarket chain in Ukraine.
“We have passed a decisive stage and completed the acquisition of the Billa network. At the moment, we have the opportunity to officially begin fruitful work for the merger,” Novus CEO Mark Petkevich is quoted in a press release.
Novus COO Oleksiy Panasenko also added that the store opening hours will not change. In addition, Novus Ukraine LLC and Billa Ukraine foreign investment enterprise will continue to operate as usual, fulfilling previously reached contractual obligations to partners and counterparties.
