Business news from Ukraine

Business news from Ukraine

Nova Poshta set record by processing over 2.4 mln shipments in single day

Nova Poshta, the leader in express delivery in Ukraine and part of the Nova Group, processed 2.41 million shipments in a single day on December 22, exceeding the previous record of 2.25 million set on December 23, 2024, by 7.1%, the company announced on Friday.

“This is a joint record for the company and our customers, in particular entrepreneurs whose goods we delivered and who, despite all the challenges and difficult conditions, continue to work and support our country’s economy,” said Volodymyr Poperechnyuk, co-owner of Nova Poshta, in a press release on Friday.

It is noted that in 2023, the record day was December 18, when the company processed 2.01 million parcels throughout Ukraine.

The company added that on peak days in December, more than 1,000 additional colleagues from the office were involved in processing parcels.

“Nova Poshta has a pre-New Year tradition when support office employees join the work in branches, at terminals, in fulfillment, as couriers, and as contact center operators,” the company said.

Nova Poshta previously reported that in the first half of 2025, it delivered 238 million parcels and cargoes, which is 7% more than in the same period in 2024, as well as 5.9 million international parcels.

As of October 6, the leader in express delivery in Ukraine had 44,983 service points, including 14,336 branches and 30,647 parcel terminals. In the first half of this year, the branch network grew by 708 points to 13,985, and the number of parcel terminals increased by more than 4,000 to 28,326.

Nova Poshta’s consolidated net profit for January-September 2025 increased by 35.1% compared to the same period last year, to UAH 2 billion 876.38 million, consolidated net income – by 21.7%, to UAH 45 billion 727.67 million.

The main activity of Nova Poshta is express delivery of documents, parcels, and palletized large-sized cargo.

, ,

Nova Poshta increased its consolidated profit by 35% in first nine months of 2025

Nova Poshta, the leader in express delivery in Ukraine and part of the Nova Group, increased its consolidated net profit by 35.1% in January-September 2025 compared to the same period last year, to UAH 2 billion 876.38 million.

According to the company’s consolidated interim report on its website, consolidated net revenue increased by 21.7% to UAH 45 billion 727.67 million.

It is noted that Nova Poshta’s gross profit for the first nine months of 2025 reached UAH 10.81063 billion, which is 18% more than in the same period last year, while operating profit increased by 19.8% to UAH 5.67507 billion.

In January-September this year, the company spent UAH 2.9428 billion on the acquisition of non-current assets, which is 39.7% less than in January-September last year.

According to the report, loans received in the first nine months of this year decreased by 16.6% to UAH 4.05 billion, while their repayment increased by 68.8% to UAH 4.98 billion, interest expenses by 24.8% to UAH 1.14 billion, and finance lease liabilities by 27.2% to UAH 1.88 billion.

In addition, dividend payments increased by 68.2% to UAH 1.04 billion.

According to the report, the balance of funds at the end of the third quarter was UAH 8.79 billion, compared to UAH 9.09 billion at the beginning of the year and UAH 5.27 billion a year ago.

As reported, according to the published interim unconsolidated financial statements, Nova Poshta increased its revenue for the first nine months of this year by 22.5% compared to the same period in 2024 to UAH 37.73011 billion and reduced its net profit by 6.2% to UAH 1.54420 billion.

In the first half of 2025, Nova Poshta increased its consolidated net profit by 18.6% compared to the same period last year, to UAH 1.765 billion, and its consolidated net income by 22%, to UAH 29.829 billion.

The Nova Poshta website states that the company has 110 terminals and depots throughout the country, with the eight largest terminals located in Kyiv, Kharkiv, Khmelnytskyi, Lviv, Dnipro, Odesa, and Zaporizhzhia.

As of October 6, the leader in express delivery in Ukraine had 44,983 service points, including 14,336 branches and 30,647 post offices. In the first half of this year, the branch network grew by 708 points to 13,985, and the number of parcel terminals increased by more than 4,000 to 28,326.

The ultimate beneficial owners of the company are Volodymyr Poperechnyuk and Vyacheslav Klimov.

,

Nova Poshta increased its revenue by 22.5% but reduced its profit by 6%

Nova Poshta, the leader in express delivery in Ukraine and part of the Nova Group, increased its revenue by 22.5% in January-September 2025 compared to the same period in 2024 to UAH 37.73011 billion and reduced its net profit by 6.2% to UAH 1.54420 billion.

According to the published interim unconsolidated financial statements in accordance with international standards of the company in the information disclosure system of the National Securities and Stock Market Commission, gross profit increased by 28.4% to UAH 7 billion 528.75 million, while operating profit increased by 50.1% to UAH 3 billion 678.24 million.

According to the report, the decrease in net profit is due to an almost threefold increase in income tax to UAH 0.35 billion and financial expenses by 21.8% to UAH 1 billion 686.25 million, as well as a more than twofold decrease in other financial income to UAH 0.76 billion.

As reported, in the first half of this year, Nova Poshta’s net profit decreased by 19.6% to UAH 1.19574 billion, while revenue increased by 22.1% to UAH 24.57127 billion.

As of the end of September this year, Nova Poshta had liabilities of UAH 998.83 million for one bond issue – “F”, as well as obligations to banks in the amount of UAH 6 billion 635.59 million, with equity capital of UAH 12 billion 471.71 million and total assets of UAH 31 billion 505.36 million.

The Nova Poshta website states that the company has 110 terminals and depots throughout the country, with the eight largest terminals located in Kyiv, Kharkiv, Khmelnytskyi, Lviv, Dnipro, Odesa, and Zaporizhzhia.

As of October 6, the leader in express delivery in Ukraine had 44,983 service points, including 14,336 branches and 30,647 post offices. In the first half of this year, the branch network grew by 708 points to 13,985, and the number of parcel terminals increased by more than 4,000 to 28,326.

The ultimate beneficial owners of the company are Volodymyr Poperechnyuk and Vyacheslav Klimov.

, ,

Nova Poshta appoints Yevhen Tafiychuk as new CEO

Nova Poshta, Ukraine’s leading express delivery company, has appointed Yevhen Tafiychuk as its new CEO. Tafiychuk joined the company in 2012 as a loader and has served as Nova Poshta’s COO in both Ukraine and Europe since 2021.

“The current CEO, Oleksandr Bulba, will continue to manage the company until the end of the year. Over the next two and a half months, both top managers will work together under the selected & acting CEO model to ensure a smooth transfer of power,” the company said in a press release on Wednesday.

It is noted that the competition for the position was open: more than 20 candidates were considered, including managers from international companies.

“Three candidates made it to the final round: two external candidates and one internal candidate. We are proud that the leader we have chosen has grown with the company. Yevhen knows all the processes down to the smallest details and has an ambitious vision for the future,” said Vyacheslav Klimov, co-owner of Nova Poshta, in the release.

It is noted that under Tafiychuk’s leadership, courier delivery has been transformed, the Nova Poshta branch network has doubled, and delivery speed has become the fastest in the Ukrainian logistics market.
As reported, 2025 marks the end of a 10-year period of cooperation between Nova Poshta and CEO Oleksandr Bulba.

Nova Poshta’s main activity remains the express delivery of documents, parcels, and palletized large-sized cargo. The company is the leader in express delivery in Ukraine. Its ultimate beneficial owners are Volodymyr Poperechnyuk and Vyacheslav Klimov.

In the first half of 2025, the company increased its revenue by 23% compared to the same period in 2024, to UAH 24.6 billion. The volume of parcels and cargo delivered amounted to 238 million (7% more), its network of branches grew by 708 points to 13,985, and the number of parcel terminals increased by more than 4,000 to 28,326.

, ,

Nova Poshta plans 75 mln deliveries via parcel terminals in 2025

Nova Poshta, Ukraine’s leading express delivery company, installed more than 8,000 new parcel terminals over the year, bringing their total number to 30,600, according to a press release issued by the company on Wednesday.

“As of October 6, the company has 44,983 service points, including 14,336 branches. Over the past year alone, more than 8,000 new parcel terminals have been installed, and over the past week, another 259,” the document says.

As previously reported by Nova Poshta, in the first half of this year, its branch network grew by 708 points to 13,985, and the number of parcel terminals increased by more than 4,000 to 28,326, while in mid-2024 there were 12,180 and 18,370 thousand, respectively.

“Parcel locker delivery is a global trend that is rapidly gaining momentum in Ukraine. We plan to invest about UAH 1 billion in the development of the parcel locker network by the end of 2025,” said Artur Kudelin, director of the parcel locker department at Nova Poshta, in the release.

The company added that while three years ago less than 10 million shipments per year passed through parcel lockers, now there are 46 million, and by the end of 2025, the company plans to reach 75 million deliveries.

“We see a clear trend: the opening of a parcel terminal (for example, near a cottage community) immediately stimulates the growth of online purchases in that area. Therefore, the expansion of the network contributes to the development of the entire online commerce ecosystem in general,” Kudelin noted.

According to the release, more than 4,000 parcel terminals in the network are powered by solar panels, and a “locker” service has also been introduced for temporary storage or transfer of items.

The main activity of Nova Poshta is express delivery of documents, parcels, and palletized large-sized cargo.

In the first half of 2025, the company increased its revenue by 23% compared to the same period in 2024, to UAH 24.6 billion. The volume of parcels and cargo delivered amounted to 238 million (7% more).

,

170 employees aged 18-22 left Nova Poshta in 10 days, says co-founder

The number of employees aged 18-22 who have left Nova Poshta, Ukraine’s leading express delivery company, over the last 10 days after being granted permission to leave the country has reached 170, while 64 new employees have been hired, resulting in a net outflow of 106 employees, according to the company’s co-founder Volodymyr Poperechnyuk.

“This is not a significant problem for the company. After all, ten days is not enough for serious analysis – we will look at the results in a month or two. One thing is clear: competition for employees will increase. And that’s a good thing,” Poperechnyuk wrote on social network X, supporting the decision of the president and the government to open the border for 18-22-year-olds subject to military service.

He stressed that human resources are the most scarce in the economy, and this forces businesses to constantly raise salaries, improve conditions, and fight for every employee.

The co-owner of Nova Poshta added that restoring freedom of movement for men aged 18-22 is the right decision both for ethical reasons, since human freedom is a fundamental value, and for economic reasons, since freedom is always a guarantee of development.

“Yes, some young people will leave, especially those who are about to turn 23. But at the same time, it opens the door for thousands of young people to return to the country. Now, 18-22-year-olds will be able to freely cross the border in both directions. And most importantly, the outflow of 17-year-old boys will decrease. I think this was the key motivation for officials,” Poperechnyuk believes.

The article does not provide the total number of Nova Poshta employees aged 18-22, but in May 2025, the company informed the European Bank for Reconstruction and Development of its planned reduction of about 2,900 employees, which is less than 10% of the total number.

Forbes Ukraine recently reported that at Silpo, which employs about 3,000 people aged 18-22, the number of resignations has increased significantly but does not exceed 3%.

 

, ,