Nova Poshta plans to resume construction of terminal in Odesa, still plans to launch airline this year

The Nova Poshta Group of Companies plans to resume the construction of an innovative terminal in Odesa in the summer of 2022. “Probably, we will not build in such volumes as planned. But, at least, I want to resume the construction of one innovative sorting terminal in Odesa this summer. We will continue to open … Read more

Nova Poshta reopens 50% of network

Nova Poshta has resumed the work of half of the of parcel receipt and delivery points. As the company said in a report on Tuesday, another 160 branches in Kyiv, Odesa, Mykolaiv, Sumy, Khmelnytsky, Chernihiv, Zhytomyr and Kharkiv regions, as well as in Ivano-Frankivsk, Zakarpattia, Lviv and Riven regions were reopened. The leader in terms … Read more

TPPs, DTEK mines operate as normal

DTEK Energy enterprises continue to support the uninterrupted operation of the Ukrainian energy system in the conditions of the war with Russia, the company said in a press release on Saturday. “All the company’s mines are operating normally. The miners continue to extract coal to support the Ukrainian energy system,” DTEK said. Currently, 15 power … Read more

Metinvest suspends production in Mariupol

The Metinvest mining and metallurgical group is transferring part of the equipment of Mariupol-based Illich Steel Mill and Azovstal to a hot mothball mode. According to a press release from the company, this decision was made by the anti-crisis headquarters of Metinvest to ensure the safety of employees and preserve equipment. The combines, in particular, … Read more

Nova Poshta starts delivering goods from online stores in Spain and France

Nova Poshta Global, a member of the Nova Poshta group of companies, has begun delivering goods from online stores in Spain and France, you can now order them through the NP Shopping website, the company’s press service said. “Our customers got direct access to some of the best products in terms of quality and range. … Read more

Nova Poshta Global creates hub for intl shipments in Lviv, launches cargo flights from U.S., China to Lviv

Nova Poshta Global, part of the Nova Poshta group of companies, has created an additional hub for international shipments in Lviv: it launched charter flights to Lviv airport and opened the second central sorting station. According to Nova Poshta, the first charter flight from the United States flew to Lviv in early December. On board … Read more

Ukrainian company Ajax Systems wins ‘Intruded Product of the Year 2020’ in the prestigious international award

MotionCam by Ajax Systems, a wireless motion detector with a photo camera to verify alarms, won the “Intruder Product of the Year 2020” category in the prestigious PSI Premier Awards 2020. According to the company, their system resolves the problem of false dispatches by taking photos of the person coming into the house. The application of … Read more

Metinvest extends bond maturity profile

Metinvest B.V. (the Netherlands), the parent company of the Metinvest mining and metallurgical group, has extended the maturity of its eurobonds, taking advantage of favorable market conditions. “Metinvest, the vertically integrated steel and mining group of companies, has successfully extended the maturity of its outstanding eurobonds, taking advantage of favorable market conditions. While being effectively … Read more

S&P upgrades Kernel ratings from ‘B’ to ‘B+’

Standard & Poor’s Global Ratings has raised its long-term issuer and issue credit ratings on Kernel Holding S.A., and its existing senior unsecured notes, to ‘B+’ from ‘B’, the outlook is stable. “Kernel Holding S.A. posted stronger-than-expected results for the financial year ending June 30, 2020 (FY2020), with positive free operating cash flow (FOCF) and … Read more

Court in Amsterdam imposes restrictions on DTEK Energy under Sberbank of Russia’s $45 mln claim

The district court of Amsterdam on September 18, 2020 under a claim of Sberbank of Russia against DTEK Energy B.V. ordered to pay around $45.1 million and to take interim measures in respect of certain assets of DTEK Energy B.V. in the Netherlands. DTEK Energy said that these actions have no impact on the company’s … Read more