Nova Poshta has opened its first Nova Post office in Spain – in Barcelona – and plans to expand its network to Valencia, Alicante, Murcia, Malaga, Estepona and Madrid in the near future, the group’s press service said on Tuesday.
“The opening of the first branch in Spain is just the beginning. We strive to be as close to our customers as possible, so in the near future we will open another branch in Barcelona, and during the year we will actively develop a network of parcel delivery service points together with our partners,” the release quotes Nova Post CEO in Spain Alexander Pavlovsky as saying.
According to the company’s press release, Nova Post’s Barcelona branch, which operates daily, allows customers to receive and send documents, parcels and cargo up to 100 kg to Ukraine. The declared delivery time is 8 days or more.
The cost of delivery from Ukraine to Spain is: UAH 1 thousand for documents, as well as UAH 1.05 thousand, UAH 1.7 thousand, and UAH 3 thousand for parcels up to 2 kg, 10 kg, and 30 kg, respectively. When sending a parcel from 30 to 100 kg, UAH 120 is paid for each kilogram.
It is noted that in May, Nova Poshta will launch targeted services in Spain, which will allow sending and delivering cargo up to 1 thousand kg to any address in the country. Delivery by courier will cost an additional UAH 100 for shipments up to 30 kg or UAH 120 for every 100 kg.
It is specified that Nova Poshta currently has more than 35 thousand points of service for sending and receiving parcels in Europe, of which 90 are Nova Post’s own branches in 11 countries: Estonia, Poland, Lithuania, Latvia, Czech Republic, Romania, Germany, Slovakia, Italy, Hungary and Moldova.
Nova Poshta LLC, the largest logistics operator in Ukraine and a member of the NOVA group, is issuing interest-bearing unsecured corporate bonds of series E and F.
According to the National Securities and Stock Market Commission of Ukraine (NSSMC), it registered both issues on April 26 this year.
At the same time, information on the parameters of these issues, including the volume, maturity and yield, is not yet available on the regulator’s website or on the issuer’s website.
Last year, Nova Poshta made two bond issues – “C” and “D” – each with a nominal amount of UAH 800 million. The C series bonds were issued for a 12-month term with a 24% p.a. rate, while the D series bonds were issued for a 20-month term with a 23% p.a. rate.
Earlier in February 2023, Nova Poshta redeemed the UAH 700 million of Series B bonds issued in March 2020.
According to the clarity-project, in 2023 the company increased its net profit by 85.7% to UAH 3 billion 967.2 million, and its revenue increased by 54% to UAH 36 billion 468.9 million.
Nova Poshta LLC, Ukraine’s largest logistics operator from the NOVA group, intends to acquire Nova Development LLC (Sokilnyky village, Lviv district, Lviv region), whose main activity is the lease and operation of its own or leased real estate.
According to the Antimonopoly Committee of Ukraine (AMCU), it granted Nova Poshta permission on Thursday to acquire a stake that ensures exceeding 50% of the votes in Nova Development.
The state register states that Nova Development, registered at the end of May 2023, is the legal successor of Best Logistics Group, which was engaged in the construction and leasing of logistics complexes and was part of the Globus full-cycle development holding.
“Best Logistics Group has already cooperated with Nova Poshta during the construction of a sorting terminal in Lviv in 2019, with investments of almost EUR 10 million, with Nova Poshta’s investment of about EUR 4 million. According to Vyacheslav Klimov, co-founder of NOVA Group, Nova Poshta was responsible for the equipment, while Best Logistics Group was responsible for the construction of the building.
The Globus website states that its portfolio includes more than 10 projects at various stages of implementation with a total area of 220 thousand square meters, which are being developed together with partners. These include premium and comfort class residential buildings, logistics terminals, business centers, hotels, and mixed-use complexes, while the area of already implemented projects is 96 thousand square meters. It is also noted that the group is a strategic partner of Nova Poshta and has its own production base in the form of two concrete plants.
The authorized capital of Nova Development, according to the state register, is UAH 186.4 million, while that of Best Logistics Group was UAH 1 million. Volodymyr Fenik is listed as the beneficiary through the corporate venture investment fund Magistrate Invest.
In 2022, Best Logistics Group’s revenue amounted to UAH 46.87 million, up from UAH 36.62 million a year earlier, and its net loss increased to UAH 12.33 million from UAH 3.58 million.
“Nova Poshta, a part of the Nova group of companies, delivered 30% more parcels in 2023 than a year earlier – 412 million, the company’s press service reports.
At the same time, last year the company doubled the volume of international parcel deliveries to 10.2 million. The report specifies that the number of orders from international online stores through the NP Shopping service in 2023 increased by 55% compared to 2022.
The average weight of an international parcel increased from 1.3 kg in 2022 to 11 kg in 2023.
The most popular countries for orders from outside Ukraine remain China, the United States, Poland, Germany, and the United Kingdom. Most often, Ukrainians order goods from Aliexpress, Amazon, and iHerb marketplaces.
According to the company, customers send mostly clothes, shoes, household goods, appliances and electronics, health and beauty products, and tools in domestic traffic, the company said.
“Nova Poshta has international offices in Moldova, Poland, Lithuania, Germany, the Czech Republic, Estonia, Latvia, Slovakia, Romania, Hungary, and Italy.
In Ukraine, the company’s network consists of 11.46 thousand branches and 15.59 thousand post offices. Currently, Nova Poshta’s branches and post offices operate in more than 10 thousand settlements across Ukraine.
“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 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.
