NovaPay payment system increases number of transfers by 12.2% in H1

The NovaPay international payment system in January-June 2023 increased the number of money transfers by 12.2% compared to the same period in 2021, to 165.7 million, the company’s press service reported. During this period, UAH 108.1 billion passed through the system, which is 58.5% more than in the first half of 2021. “We record not … Read more

Nova Poshta creates NovaPost Europe to expand, create 2nd largest parcel locker network in Europe – owner

Nova Poshta Group of Companies is establishing NovaPost Europe, an expansion management company in Europe, one of the tasks of which will be the creation of the second largest network of parcel lockers in Europe, Viacheslav Klymov, co-owner of Nova Poshta, said at Business Breakfast with Volodymyr Fedorin on Wednesday. “On Friday, we will have … Read more

NovaPay places debut open bond issue

NovaPay Credit, which is part of the NovaPay non-banking financial group, has registered a public issue of three-year series A bonds worth UAH 100 million ($2.7 million), the company reported on June 12. The bonds can be purchased for a term of one to 18 months, while the rate of return will depend on the … Read more

Supernova Airlines intends to use Boeing or Airbus freighters in long term

Supernova Airlines of the leader of express delivery in Ukraine Nova Poshta LLC has opened the first route from Riga to Rzeszow in cooperation with the Latvian airline RAF-Avia with its ATR 72 aircraft, the press service of the postal operator told Interfax-Ukraine. “In order to start implementing the planned activity, the company agreed with … Read more

From Riga to Jędrzejów: Nova Poshta airline completes first flight

An airline subsidiary of Nova Poshta, one of Ukraine’s largest postal services, has completed its inaugural flight on the Riga-Jędrzejów-Riga route this week, the company said in a press release on May 19. The airline, Supernova Airlines, successfully transported 7 tons of international parcels for Nova Poshta from Riga International Airport to Jędrzejów, Poland. Subsequently, the … Read more

Nova Post launches in Czechia

The Ukrainian delivery company Nova Post is entering another foreign market. The Czech Republic is the next on the line. The first two Nova Post branches will be open in June in the capital of Czechia, Prague. One department will be able to receive parcels weighing up to 30 kg, the other will be a … Read more

Nova Poshta places UAH 800 mln C series bonds for investors, intends to issue D series bonds

Nova Poshta LLC, the leader of express delivery in Ukraine, after the technical placement of C series bonds for UAH 800 million in the primary market in February, placed these securities among institutional investors – state and commercial banks, insurance companies, and pension funds. “The maturity of the bonds, their yield and other financial details … Read more

Ukraine’s Nova Poshta plans to expand into whole Europe

Ukraine’s postal operator Nova Poshta plans to open 200 branches in 30 European countries by 2025, Interfax-Ukraine quoted company co-founder Volodymyr Popereshnyuk as saying on March 23. “We will invest EUR 10 million,” he said while opening its first Nova Post branch in Lithuania, adding that the company has already invested EUR 1 million in network development … Read more

NovaPay applies for EMI license in Europe

The financial company NovaPay, which is part of the Nova Poshta group of companies, the leader of express delivery in Ukraine, is in the process of obtaining a European license of the Electronic Money Institution (EMI), said Viacheslav Klymov, co-founder of Nova Poshta. “NovaPay will develop, like the whole group – to create international expansion. … Read more