Business news from Ukraine

Business news from Ukraine

“Nova Posta” increased parcel delivery by 9%

25 July , 2023  

Nova Posta Group delivered more than 170 million parcels and cargoes in January-June 2023, which is 9% more than in the same period of pre-war 2021.

According to the company’s press service, the growth in volumes is due to the fact that Nova Posta continued to invest in infrastructure development across Ukraine increasing the number of outlets of various types by 935.

“The total number of outlets exceeds 10 thousand, and the number of postmarkets – 14 thousand. Now the network of postmarkets “Nova Posta” – the second largest in Europe”, – stated in the message of the company.

It is noted that the company continues to develop the network in the frontline and liberated territories. Now 388 offices work in the de-occupied territory of Donetsk, Kharkiv and Kherson regions.

In addition, Nova Posta delivered 4.2 million international parcels in the first half of the year, which is 34% more than in the same period of 2021.

International delivery is performed by its own company Supernova Airlines. Since the start of flights in May this year in partnership with Latvia’s RAF-Avia, the airline has operated 14 flights and delivered 250,000 international parcels.

In addition, during March-June 2023, the company entered the market in four countries and opened 21 branches in Lithuania, Czech Republic, Romania, Germany and Poland.

“In Poland, Nova Post operates 32 branches and two sorting terminals. The number of delivered shipments between Ukraine and Poland for six months – 450 thousand. 250 thousand individuals and 1.8 thousand business representatives have already used the services,” – said in “Nova Post”.

The company in the first half of the year paid 5.1 billion UAH of taxes and fees to the budgets of Ukraine at all levels, which is 75% more than in the same period last year.

The network of Nova Posta Group, founded in 2001, now has more than 10 thousand outlets and 14 thousand post offices in Ukraine. It provides a full range of logistics and related services.

According to Standard-Rating, Novaya Posta’s revenue in the first quarter of 2023 increased 2.1 times to UAH 8 billion 83.1 million, EBITDA – almost 4.4 times to UAH 1 billion 307.8 million, and net profit – almost eight times to UAH 1 billion 54.91 million.