Business news from Ukraine

Business news from Ukraine

“Nova Posta” has launched option to call courier to address in Lithuania

Nova Posta Group of Companies has launched an opportunity to call a courier to the address in Lithuania to send documents and parcels up to 30 kilograms to Ukraine, the group’s press service said on Thursday.

According to the release, the courier can be called to any address throughout Lithuania: even in places where there are no Nova Post offices yet.

It is indicated that the call costs EUR3.5 to the cost of delivery to Ukraine, but until August 13, a 30% discount is given for delivery from Lithuania to Ukraine.

To call a courier in Lithuania, you need to prepare a parcel for shipment, fill out an application for courier call on the website, application or business cabinet, pay for the order and give it to the courier in closed form.

“Nova Posta” reminds that sending a parcel from Lithuania is subject to customs duty and 21% VAT if the value of the parcel exceeds EUR45. Therefore, in the application form you should fill in the contents of the shipment, the declared or market value of each item. If the real value will differ from the declared value, the customs service may revalue and charge additional customs payments to the recipient.

As reported, Nova Post opened the first NovaPost branch in Lithuania on March 20 this year. Outside Ukraine, the group also already operates in Poland, Czech Republic, Moldova, Romania and Germany.

At the beginning of July, the NovaPost network included more than 10 thousand outlets and over 14 thousand post offices.

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.

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“Nova Post” has opened second post office in Lithuania

Nova Posta LLC, the leader of express delivery in Ukraine, has opened the second Nova Post post office in Kaunas, Lithuania, the company’s press service said Monday.
In the department you can send and receive parcels and freight up to 1 thousand kg, as well as documents. The delivery time is five working days.
“This is already the second Nova Post branch in Lithuania. Now, in addition to courier delivery, Ukrainians from Kaunas and nearby cities have an opportunity to easily send things home and quickly receive parcels from Ukraine through the branch,” reads the report.
The first Nova Post branch in Lithuania was opened in Vilnius in March. It is noted that Ukrainians most often send documents, clothes, shoes, cosmetics and books.
Also, in addition to delivery to the offices, you can order addressed delivery to any city in Lithuania or Ukraine, the press service specified.
It was informed earlier that Nova Posta Company has corrected its plans concerning the entering to the new markets of Europe and plans to open departments in Germany after the opening of the first two departments in Prague (Czech Republic).
Founded in 2001 Nova Posta is the leader in the market of express-delivery in Ukraine. Its network consists of more than 6 thousand offices all over the country.
“Nova Posta provides a full range of logistics and related services.
It includes Ukrainian and foreign companies, including Nova Posta, NP Logistik, Post Finance (Forpost system) and Nova Posta Global.

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Lithuania can help Ukraine to export 1 mln tons of grain by rail

The Lithuanian government may help Ukraine export up to 1 million tons of grain by rail after Poland temporarily banned grain imports from Ukraine, said Lithuanian Economy and Innovation Minister Ausrini Armonaitė.
“The port of Klaipeda and Lithuanian Railways can play an important role in creating momentum to help Poland resolve the situation and guarantee grain exports outside the EU. Lithuania could help safely transport up to 1 million tons of grain from Ukraine by rail. This would be a real solution for Ukraine and a benefit for Poland,” Verslo zinios quoted the minister as saying.
In turn, the president of the Association of Lithuanian Sea Cargo Companies Vaidotas Shileyko noted that the port of Klaipeda is able to process more than 1 million tons of grain a year, but because of the difficult logistics, it is impossible to import more.
“Lithuanian railroads started transporting small volumes of Ukrainian grain through Poland to the port of Klaipeda last May. The main problem here is different railway gauges: Ukraine and Lithuania still use Russian gauges, while Poland uses European ones, which means that rolling stock has to be changed at the border,” he explained.

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“Nova Posta” plans to open second branch in Lithuania

“Nova Posta enters the Lithuanian market and opens its first branch in Vilnius and plans to open a second branch in Kaunas, Lithuania’s second-largest city, co-founder of Nova Posta said in a few months. Vyacheslav Klimov, co-founder of Novaya Posta.
“We plan to open two branches in Lithuania: a cargo branch in Vilnius this month and a post office in Kaunas in a few months,” Klimov told the Interfax-Ukraine news agency on the sidelines of the Forbes Ukraine Exporters Summit in Kiev.
According to him, this year it is also planned to open offices in the Czech Republic, Romania and Germany and to expand the network in Poland to all the provinces.
At the same time, the company is not considering opening post offices in Poland and Lithuania. “Both Poland and Lithuania are quite densely covered by post offices of different companies, so it is more reliable now feel the strategy to come with our offices and our address delivery,” Klimov explained.
Co-owner of “New Mail” confirmed plans to open branches in Germany this year and noted that the company is attracted by the capacity of the markets, because the number of parcels per capita in Poland is 2-3 times, and in Germany – 3-4 times more than in Ukraine.
Sources of funding the expansion to foreign markets are the company’s own funds, Klimov said. In Ukraine, the company plans to continue to open new offices, install postal terminals, and also in the fall will complete the construction of two new sorting centers Kiev-East and Odessa.
Founded in 2001 Nova Posta Group is the biggest participant of Ukrainian logistics market: its network consists of about 10 ths offices and 13 ths postal terminals throughout Ukraine. The number of shipments in 2021 exceeded 372 million. Besides, a non-banking financial institution NovaPay provides services for money transfers and e-money transactions. There were 388 million transactions in 2021.
Detailed results of GC in 2022 have not yet been announced, but Klimov stated that the number of shipments at the end of the year will be restored to 95% of the pre-war level.
The group also includes Nova Posta Global, which is developing an international partner network to provide customers with express delivery services not only in Ukraine but also abroad. The company performs regular flights to the U.S., Europe and China and delivered 9.3 million international shipments in 2021.

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Lithuania sends L-70 anti-aircraft guns to Ukraine

The L-70 anti-aircraft guns were sent from Lithuania to Ukraine on Friday, LRT reported.
“They will be able to destroy enemy planes, helicopters and UAVs at a distance of up to 5 kilometers in any weather conditions,” the report says.
It is noted that in addition to the anti-aircraft guns, ammunition and other equipment necessary for the operation of these units will also be transferred to Ukraine in the near future.

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Ukrainian farmers are asking Poland to build a broad-gauge railway line from Ukraine to Gdansk through Lithuania

Ukrainian agrarians have applied to the authorities of the Republic of Poland with a request to lay a broad-gauge railway line (with a gauge of 1520 mm) across its territory, which will connect the port of Polish Gdansk with the Ukrainian and Lithuanian railway networks to export agricultural products and ensure strategically important imports through western borders of Ukraine.
The corresponding appeal to the President of the Republic of Poland Andrzej Duda and its Prime Minister Mateusz Morawiecki was sent by the leading Ukrainian agrarian associations: the All-Ukrainian Agrarian Council (VAR), the Agrarian Union of Ukraine, the Ukrainian Agrarian Business Club, the All-Ukrainian Association of Communities, the Union of Poultry Breeders of Ukraine and the Ukrainian Agrarian Confederation, reportedly on the VAR website on Friday.
According to the appeal, one of the largest and closest European ports to Ukraine is the port of Klaipeda (Lithuania), which has significant free transshipment capacities. However, due to differences in the gauge between Poland, Ukraine and the Baltic countries, there is a need to reload the contents of wagons at border crossings between countries or rearrange wagon bogies, which does not allow to fully realize the export-import potential of the port of Klaipeda.
In turn, the use of vehicles or containers as an alternative to railway transportation is poorly suited for transporting bulk bulk cargo (coal, ore, grain, metal) over long distances and increases their cost to an uncompetitive level. In addition, in the case of using container terminals, the capacity of the railway line will be limited by their capacity, which will also prevent full use of the potential.
“In our opinion, the laying of a railway line with a gauge of 1520 mm across the territory of the Republic of Poland, which will connect the Ukrainian and Lithuanian railway networks, as well as connect the port of Gdansk to them for the transport of goods and passengers, will solve the above-mentioned problems,” the appeal of the Ukrainian farmers.
At the same time, it is emphasized that such a logistical path will give significant positive financial and economic effects for Poland and Ukraine, not only due to an increase in export-import capacities, but also due to the unification of the economic space of Poland, the Baltic countries and Ukraine.
Such a project can be implemented through the reconstruction of the existing railway network and the construction of a combined track, or the construction of a separate railway branch.
As reported, in June 2022, Polish Deputy Prime Minister Yaroslav Kaczynski said that the issue of building this broad-gauge railway track had already been tentatively approved by the Polish and Ukrainian governments.
In early June, the VAR already proposed to build 300 km of broad-gauge railway tracks in Poland for direct grain deliveries to the Lithuanian port of Klaipeda, which would allow not to overload the contents of wagons at the Ukraine-Poland and Poland-Lithuania border crossings due to the difference in railway gauge in these countries.

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