NOVA Group invests over EUR 10 mln in international expansion since 2022

NOVA Group invests over EUR 10 mln in international expansion since 2022

The NOVA Group of Companies has invested more than EUR 10 million in the development of the international network Nova Poshta since 2022, co-owner of the group Viacheslav Klymov said.

"Since the fall of 2022, we have already invested more than EUR 10 million in this area and continue to increase our investments. Now we are investing about EUR 1-2 million per month in the development of our international network," he said in an interview with Interfax-Ukraine in Rome during the opening ceremony of the second branch of the network in Italy.

He said that the group plans to expand the network in European countries and launch its own targeted delivery across Europe.

As reported, at the end of July, Nova Poshta from the NOVA group of companies opened a branch in the capital of Italy, Rome, which became the second city of the Ukrainian company's presence in the country after its entry into the Italian market with the opening of the first branch in Milan in December last year.

At the beginning of July, NOVA entered the French market, opening the first branch in Nice, which became the 100th branch opened outside of Ukraine - in Europe. France became the 14th European country where the company entered the market. It was specified that, thanks to its partners, Nova Poshta had more than 35,000 service points in Europe at the beginning of July.

In Ukraine, from the beginning of 2024 until the end of July, the company expanded its network from 26,600 to 30,100 points: up to 12,100 branches and 18,000 parcel machines.

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