Business news from Ukraine

Business news from Ukraine

“Nova Poshta” doubles shipments to Moldova

Last year, Nova Poshta, the leader of express shipments in Ukraine, doubled the number of processed shipments in Moldova to almost 4 million, the company’s press service reports.

“4 million delivered shipments, 695,000 customers and 28.6 million lei ($5.8 million) in taxes are the results of Nova Poshta’s work in Moldova in 2024,” the press service said in a statement on Friday.

It is reported that in 2024, the company showed growth in all operational and financial indicators, increasing tax payments by 87% compared to 2023.

The number of shipments in Moldova increased by 26% to 778 thousand. The number of international shipments quadrupled compared to 2023 to 3 million.

The top countries from which most parcels arrived in Moldova are China, the USA, Romania and Ukraine. The top stores from which Nova Poshta customers made orders are Temu, Joom, Aliexpress, iHerb, Zapatos and MakeUp.

The press service reminded that last year, Nova Poshta was the first in Moldova to offer its customers a new format of service points – delivery points and still remains the only postal operator that provides such a service in the country. Thanks to this service, it can quickly deliver parcels to the most remote corners of the country, even to settlements without post offices or postal facilities.

The operation of the delivery points creates additional convenience for customers, as the parcel can be picked up near their homes or on the way to the office in a cafe. In 2024, 600 thousand parcels were delivered through delivery points, according to Nova Poshta. In total, there are 61 delivery points in Moldova.

For cooperation with Nova Poshta in the format of delivery points, its local partners received 3.3 million lei ($668.6 thousand) from the company in 2024.

Nova Poshta’s presence with a network of post offices in Moldova covers 20 cities in the country, including Briceni, Edinet, Ungheni, Balti, Comrat, Cahul, Orhei, Taraclia, Chadyr Lunga, Ialoveni, Hincesti, Caşani, Stefan Voda, Falesti, Soroca, Guma, Nisporeni, Leova, Novi Aneni. A number of them are located in the stores of the largest supermarket chains – Kaufland, Linella, Merci and Local. In total, there are 260 post offices.

The number of Nova Poshta stationary offices in Moldova has reached 31. The number of sorting terminals is three.

“Nova Poshta” has set a goal to ensure the accessibility of customers in Moldova. It also seeks to increase the speed of processing shipments and customer convenience, the press service emphasized.

“Nova Poshta has become a part of the everyday life of the people of Moldova. In 2024, we invested 26.8 million lei ($5.8 million) in the development of logistics and our own network, and created 228 new jobs in the country. Our services were used by 695,000 customers, compared to 424,000 last year,” the press service quoted the CEO of Nova Poshta in Moldova, Sergey Shapran, as saying.

According to him, the company plans to continue expanding its network and range of services in 2025. In particular, Nova Poshta will open a new sorting hub in Chisinau, where business customers will be able to use fulfillment services.

The number of service points is planned to double.

The delivery time for Nova Poshta parcels in Moldova is 1 day. Delivery to Ukraine and Romania is carried out within 3 days.

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EU announces 148 million euros package for Ukraine and Moldova – Spiegel

To increase humanitarian aid amid Russia’s war of aggression this winter, the European Union will provide €140 million to Ukraine and a further €8 million to Moldova.

The European Union has announced a new humanitarian aid package

for Ukraine and Moldova. Of this amount, 140 million euros are earmarked for vital emergency aid in Ukraine, including food, shelter, clean water and health care.

This is to be provided in particular to vulnerable groups in the war-torn regions of eastern and southern Ukraine. A further 8 million euros will be allocated to projects in Moldova to support Ukrainian refugees and local communities. The aid is intended to help people survive the “hard winter” in the Russian war of aggression, as Commission President Ursula von der Leyen wrote on X.

Hadja Lahbib, European Commissioner for Resilience, Humanitarian Aid and Crisis Management, and Gender Equality, visited Ukraine to discuss the distribution of EU aid and to step up efforts. “With €148 million in new humanitarian aid for Ukraine, we are providing life-saving support for people and helping to rebuild communities,” Lahbib wrote on X. ”In its hour of need, the EU stands resolutely by the side of the people of Ukraine.”

 

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Nova Poshta opens 31st post office in Moldova

Nova Poshta, the leader in express delivery in Ukraine, has opened a new post office in Balti, Moldova, bringing its total number of post offices in the country to 31.

“We have opened a new post office in the Moldovan city of Balti. Branch No. 4 at 8/4 Stefan cel Mare Street became the 31st Nova Poshta branch in the country. In the branch, you can send and receive parcels up to 30 kg,” the company said in a telegram.

“Nova Poshta has been operating in Moldova since 2014. At the very beginning, the company opened three branches in the country: in Chisinau, Cahul and Balti. In 10 years, Nova Poshta has increased their number to 30, opening three sorting terminals.

In the first half of 2024, Nova Post Moldova delivered 1.1 million parcels. In 2023, the company delivered 1.2 million parcels. Nova Post Moldova is among the three fastest delivery companies in Moldova.

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Current Moldovan President Sandu wins second round of presidential elections

The current President of Moldova, Maia Sandu, won the second round of the presidential election held on November 3. According to preliminary data published on the website of the Central Election Commission, she received 55.41% of the vote, while her opponent, former Prosecutor General of Moldova Alexandru Stoianoglo, received 44.59% of the vote.
As of Monday morning, 99.86% of the voting protocols have been counted. Votes from three polling stations in the United States have not been counted.
According to these data, 1,679,293 Moldovan citizens took part in the elections, which is 54.31% of the voters on the voting lists. Sandu received 930,512 votes, while Stoianoglo received 748,781 votes.
Stoianoglo, who ran as a candidate of the opposition Socialist Party, conceded defeat on Sunday evening, thanking voters for their support.
At the same time, Sandu lost the election in Moldova, gaining 48.81% of the vote against Stoianoglo’s 51.19%. In the Gagauz autonomy, Stoianonglo (a Gagauz by nationality) won 97% of the vote, with almost 80% of the residents of the Transnistrian region who took part in the elections also voting for him. More than 26 thousand voters cast their ballots at 30 polling stations open to residents of the left bank of the Nistru River on the right bank.
Sandu won the election with a large margin thanks to the vote abroad. A total of 328,877 voters cast their ballots at 231 polling stations abroad, which is more than 20% of the total number of voters. This is an absolute record of participation in elections by Moldovan citizens abroad. Sandu received more than 270 thousand votes at polling stations abroad, almost 83% of those who voted.
Sandu pledged to “be a president for all”. She said this at a briefing on Monday night, when it became clear that she had won.
“Dear Moldovans, I am grateful to each of you who came to the polls. I heard your voice: those who supported me and those who voted for Mr. Stoianoglo. I pledge to be president for all of you. No one will lose in our choice of a decent future. We may hold different points of view, speak different languages, but we all want peace, understanding and a decent life for our children. This is my main goal for Moldova in the coming years. We need to unite the society,” Sandu said.

Earlier, the Experts Club think tank presented an analytical material on the most important elections in the world in 2024, more detailed video analysis is available here – https://youtu.be/73DB0GbJy4M?si=eGb95W02MgF6KzXU

You can subscribe to the Experts Club YouTube channel here – https://www.youtube.com/@ExpertsClub

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Moldova holds second round of presidential elections

The second round of the presidential election between incumbent President Maia Sandu and Socialist Party candidate Alexandru Stoianoglo began in Moldova on Sunday, NewsMaker reports. Polls opened at 7 am local time and will close at 21:00. There are 2219 polling stations in the country and abroad, of which 1988 are in Moldova and 231 abroad.
A total of 2.7 million voters are registered. The elections are monitored by 2400 observers.
In the first round, Sandu won more than 42% of the vote, while Stoianoglo received almost 26%.
As reported, according to the CEC of Moldova, after counting 100% of the protocols in the presidential election, Maia Sandu, who won 42.45% of the vote, and the candidate from the Party of Socialists, Alexandru Stoianoglo, won 25.98%. Earlier, the Experts Club analytical center presented an analytical material on the most important elections in the world in 2024, more detailed video analysis is available here – https://youtu.be/73DB0GbJy4M?si=eGb95W02MgF6KzXU

You can subscribe to the Experts Club YouTube channel here – https://www.youtube.com/@ExpertsClub

 

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Wholesale prices for apples in Ukraine, Moldova and Poland are at record levels for this time

According to EastFruit analysts, wholesale prices for apples of “Gala” variety in Ukraine, Moldova and Poland are at record levels for this time for the last years. It is the most popular apple variety among exporters, as well as an increasingly popular apple variety among consumers, competing more and more successfully with the “Golden Delicious” variety.

While usually prices for Gala apple vary significantly in these three neighboring exporting countries, this season by mid-October prices in Moldova, Poland and Ukraine are almost identical, ranging from $0.51 to $0.53 per kg for a standard quality apple suitable for domestic fresh market sales.

As for the premium export quality apple, the prices are significantly higher. “The margin for the ‘premiumness’ of the apple is higher than usual in Eastern European countries this season. This is not only due to a general decrease in apple supply, but also to quality problems due to completely atypical weather conditions during the apple growing season,” says Andriy Yarmak, an economist in FAO’s investment department.

Read also: Prices for apples in Ukraine set new records

In less than a month, prices for “Gala” in Ukraine rose by 36%. In Moldova, the rise in apple prices began later, but over the past three weeks, prices have strengthened by 11% at once. In Poland, prices for the same variety increased by 6% in two weeks, although before that they tended to decrease from the incredibly high levels from which the season started and were much higher than in Ukraine and Poland.

According to traders, the main reason for the rise in apple prices is the reluctance of producers to rush their sales. Even in Ukraine, where Russian invaders attack civilian infrastructure, including the country’s energy facilities, on a daily basis, farmers are trying to keep their apples for longer, hoping for even higher price levels.

It should be noted that the increase in apple prices at this time of year is atypical for Eastern European countries, as apple supply is usually maximized and farmers are in a hurry to sell off the part of the produce that cannot be stored for a long period of time. Therefore, it cannot be excluded that in the winter-spring period, the prices for apple of popular varieties will unpleasantly surprise consumers.

 

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