In 2024, Nova Poshta, the leader in express shipments in Ukraine, increased the volume of parcel deliveries by 15% year-on-year to 486 million, the company’s co-owner Vyacheslav Klimov said on LinkedIn.
“This year we also set a record for the number of parcels delivered – 486 million, which is 15% more than last year,” Klimov wrote on Monday.
According to him, last year Nova Post opened almost 9,000 new branches and parcel acceptance points (post offices – IF-U), in particular in frontline settlements. The total number of Nova Poshta service points has exceeded 37 thousand.
“We have also modernized our infrastructure, automated terminals, opened new sorting hubs and improved order fulfillment services so that companies can send their products faster and more efficiently,” Klimov said.
Earlier it was reported that according to the results of 9 months. 2024, the number of parcels and cargo delivered by Nova Poshta increased by 17% to 336 million parcels.
It was also reported that in October, there were 12 thousand Nova Poshta offices and more than 20 thousand post offices in Ukraine. The average number of employees is 35 thousand.
In 2024, the ports of Greater Odesa increased their cargo handling by 2.6 times compared to 2023, to 79.9 million tons, while the Danube ports reduced this figure by 1.8 times, to 17.3 million tons, said Oleh Kiper, Head of the Odesa Regional Military Administration.
“In 2024, the ports of the region handled 97+ million tons of cargo, which is 57% more than in 2023. In particular, the ports of Greater Odesa handled 79.9 million tons, and the ports of the Danube – 17.3 million tons,” he said in a statement.
Kiper noted that these were mainly agricultural products destined for different countries of the world.
In addition, he said that during the period of operation of the sea corridor, from August 16, 2023, about 3.5 thousand vessels left the ports of Greater Odesa.
Earlier it was reported that in total, in 2023, the ports of Greater Odesa handled 30.6 million tons of cargo: the port of Chornomorsk – 11.41 million tons, Pivdennyi – 10.8 million tons, Odesa – 8.41 million tons. The sea corridor exported 12.8 million tons of cargo.
In 2023, the Danube ports handled 32 million tons of cargo.
The total cargo turnover of Ukrainian seaports in 2024 reached 97 million tons.
The sunflower processing in Ukraine in December, atypically for this period, decreased and amounted to about 1 mln tonnes, which is 17% lower than in November and the lowest figure for December since 2014, APK-Inform news agency reported.
“Among the key factors of influence is the rather strict policy of restraining the sale of raw materials by farmers due to the reduction of sunflower production, which led to a significant reduction in oilseed stocks at the enterprises,” the analysts said.
Given the continued downward price dynamics in the export market of sunflower oil, some of the mills suspended operations in December until the price environment improves. At the same time, a number of companies temporarily switched to soybean processing, APK-Inform stated.
In January-September 2024, BUSIN Insurance Company (Kyiv) collected UAH 160.6 million in gross premiums, which is 6.98% less than in the same period of 2023.
This was reported by the rating agency Standard-Rating in the information on updating the credit rating/financial strength rating of the insurer at the level of “uaAA+” on the national scale based on the analysis for the specified period.
At the same time, revenues from reinsurers decreased by 22.75% to UAH 29.186 million.
Insurance payments sent to reinsurers in the first nine months of 2024 increased by 61.35% to UAH 178.299 million compared to the same period in 2023. Thus, the ratio of reinsurers’ participation in insurance premiums increased by 47.02 percentage points to 111.03%.
Net written premiums for the specified period of 2024 amounted to UAH 17.706 million, and net earned premiums amounted to UAH 25.694 million. During this period, the company paid UAH 31.869 million in insurance claims and indemnities to its clients, which is more than 44 times higher than the amount of insurance claims paid in the same period in 2023. Thus, the level of payments increased by 19.42 percentage points to 19.84%.
As of October 1, 2024, the company’s assets decreased by 4.89% to UAH 298.706 million, equity decreased by 18.30% to UAH 161.156 million, liabilities increased by 17.75% to UAH 137.55 million, cash and cash equivalents increased by 26.51% to UAH 322.196 million.
Busin Insurance Company was registered in February 1993. It specializes in risky types of insurance. The company is a member of a number of professional and industry associations, including the League of Insurance Organizations of Ukraine, the Insurance Benefits Club, the International Association of Aviation Insurers (UA), the Nuclear Insurance Pool, the American Chamber in Ukraine, and the British Business Club.
The Food and Agriculture Organization of the United Nations (FAO) has announced a project strategy to support small farmers in a number of frontline regions and will provide them with $1,000 vouchers to purchase grain seeds for the upcoming spring and autumn sowing campaigns, the FAO press service reports.
“FAO is committed to empowering farmers to rebuild and sustain their livelihoods by providing access to quality agricultural inputs, strengthening local economies and promoting the long-term resilience of war-affected communities,” the statement said.
The initiative is funded by the governments of Germany and France. It is expected to be an important step in restoring agricultural production and strengthening the food security of communities affected by the ongoing war.
The program will be open to 550 small and medium-sized farmers who cultivate land plots ranging from 10 to 300 hectares in Chernihiv, Donetsk, Kherson, Odesa and Zaporizhzhia regions. Priority will be given to farms run by women and those operating near the frontline, where farming conditions remain difficult.
Farmers interested in participating can apply for assistance through the State Agrarian Register (SAR) until January 26, 2025. After the applications are processed, selected participants will receive confirmation through the SAR, as well as detailed information on how to receive and use the vouchers.
FAO noted that applying does not guarantee assistance, as eligibility will be determined based on specific program criteria.
The Asian Infrastructure Investment Bank (AIIB) has approved $250 million in financing to support Uzbekistan’s accelerated climate transition to a green, inclusive and resilient economy.
This project marks an important milestone in promoting sustainable economic growth in line with the Uzbekistan 2030 Development Strategy, as well as the country’s commitment to reduce greenhouse gas emissions by 2030.
The project will cover three interrelated areas. First, it will improve climate-related governance structures. Second, it will focus on improving water and land management while promoting economic resilience. Thirdly, the project will accelerate the transition to low-carbon solutions in key sectors such as energy and transportation, prioritizing energy efficiency and sustainable practices.
In addition, the project will pay special attention to the implementation of sustainability and climate risk disclosure practices for state-owned enterprises, as well as to the expansion of renewable energy initiatives that benefit women and vulnerable communities.
