After being pruned by the Russian invasion, Ukraine's largest supermarket chain, ATB-Market, is fighting to grow back bigger and better. Like the German chains Aldi and Lidl, ATB prioritizes low prices and big selections. This proved popular with shoppers — the company entered the full-scale war with over 1,300 stores.
When Russia’s invasion in 2022 forced millions of Ukrainians to flee to EU countries, the company, now known abroad in English as Nova Post, saw a responsibility to connect them with their homeland, but also an opportunity to expand to new markets. The latest opened earlier this month in Milan, making Italy the 11th European market for Nova Post. The company has delivered 1.2 million parcels to and from Ukraine, largely to Poland, Germany, and Czechia.
The U.S. Treasury Department announced on Dec. 20 new sanctions targeting companies shipping Russian oil, building upon earlier measures to tighten the $60-per-barrel price cap.