Nova Poshta’s conglomerate of six companies will rebrand to “NOVA” as the company expands beyond its postal roots. “The primary goal of the NOVA group is to ensure easy delivery of anything for life and business. This includes parcels, money, and technology, but we do not intend to stop there,” said NOVA group co-owner Vyacheslav … Read more
The National Bank of Ukraine (NBU) is confident in the lawfulness of the decision to withdraw the systemic Sense Bank (formerly Alfa-Bank, Kyiv) from the market, since it was adopted in strict accordance with the laws “On the National Bank of Ukraine,” “On Banks and Banking Activities,” “On the Household Deposits Guarantee System,” the NBU … Read more
The IT Ukraine Association has launched a web version of its Incredible Tech catalogue, an investment guide to Ukrainian IT, to promote it globally. You can view the catalogue, here. The web version of Incredible Tech already includes 95 promising IT companies and 22 IT products in the DefenceTech, AgroTech, CyberTech, EdTech, FinTech, HealthTech, GovTech, … Read more
The Nova Poshta group of companies opened 4,850 branches and parcel terminals in 2023, increasing their total number by 22.4% – to 26,500, the group’s press service reported on Thursday. According to its release, in 2023, Nova Poshta delivered a record number of items for the company – more than 400 million, which is 10% … Read more
The state enterprise Energoatom has completed preparations for the complete transfer of power units of Ukrainian nuclear power plants to American Westinghouse nuclear fuel. “Since February 2022, we have accelerated the process of transferring all reactors of domestic nuclear power plants to American fuel. Currently, all the necessary work has been almost completed. This is … Read more
PJSC Ukrnafta has extended the deadline for searching for partners for joint development of oil and gas fields until March 1, 2024. “Taking into account the fact that not all potential partners had time to familiarize themselves in detail with the capabilities of 21 fields (10 fields are located in the west and 11 in … Read more
The tasks of the Ministry of Finance of Ukraine in the upcoming negotiations in 2024 on the next restructuring of commercial debt are to avoid default and create opportunities to return to the market starting in 2025-2026, Minister Serhiy Marchenko said on “Business Breakfeast with Volodymyr Fedorin” YouTube channel on Wednesday. “Our key task is: … Read more
The Ministry of Digital Transformation has begun closed beta testing of the uResidency e-residency program, with the help of which foreigners can register a private entrepreneur (PE) in Ukraine from anywhere in the world, Deputy Prime Minister for Innovation, Development of Education, Science and Technology, Minister of Digital Transformation Mykhailo Fedorov has said. “At uResidency, … Read more
D.Trading, a Ukrainian energy trading company owned by Ukraine’s richest man, Rinat Akhmetov, has entered the grain trading sector. “The first thousand tons were shipped to a customer,” Dmytro Malyar, D.Trading’s general director said on Facebook on Dec. 26. “This marks the initial practical step of the company in a new trading sector.” D.Trading has … Read more
Ukrposhta, together with Estonian National Post Omniva, Slovak Interport and Ukrzaliznytsia, for the first time since 2002, carried out the first delivery of international parcels to Ukraine by rail, the press service of the postal operator reported on Tuesday. “In the first test delivery by rail, Omniva and Ukrposhta jointly delivered three wagons with almost … Read more