Business news from Ukraine

Business news from Ukraine

Ukraine’s pharmacy market grew to nearly 121 bln hryvnia in first half of year

Pharmacy sales in Ukraine from January to June 2026 increased by 15% in monetary terms compared to the same period in 2025—reaching nearly 121 billion hryvnia—while in volume terms, they decreased by 5.8%—to approximately 533.955 million packages.

The company “Business Credit” reported this to the Interfax-Ukraine news agency, citing the results of a study it conducted.

The weighted average price of items in the pharmacy basket for the first half of the year was 226.65 UAH per package, which is 22.15% higher than in January–June 2025.

Thus, the growth of the pharmacy market in monetary terms occurred against the backdrop of a decline in the total number of packages sold and a significant increase in the average cost of pharmacy products.

At the same time, the market’s growth rate in monetary terms accelerated compared to the first quarter. In January–March, pharmacy sales increased by 11.13%—to 60.245 billion UAH—while the volume of sales decreased by 4.8%, to approximately 270.958 million packages.

At the end of 2025, pharmacy sales in Ukraine totaled over 220.287 billion UAH, which is 14.23% more than in 2024. In volume terms, they declined by 2.25% during that period.

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“Ukrposhta” Turned Profit in First Half of 2026

The national postal operator, JSC “Ukrposhta,” reported a pre-tax profit of 122 million UAH in the first half of 2026, compared to a pre-tax loss of 318.8 million UAH during the same period last year and a pre-tax loss of 204.8 million UAH in the first quarter of this year.

“Operating profit (EBITDA)—which excludes the sale of assets, depreciation, and exchange rate fluctuations—amounted to 293 million UAH, nearly six times the target,” wrote the company’s CEO, Ihor Smilianskyi, on Facebook.

In the first half of 2025, EBITDA was negative at 100 million UAH, whereas in the first quarter of this year it turned positive at 25.4 million UAH.

“And we achieved this result despite the injuries and deaths of our employees, the loss of hundreds of new vehicles, damage to and loss of sorting centers, and daily attacks on our branches,” the company’s CEO emphasized.

According to him, the company’s capital as of mid-year exceeded 2.3 billion UAH, compared to 2.2 billion UAH at the beginning of the year.

It is noted that year-over-year growth in the number of packages in June 2026 ranged from 12% to 17%.

“Year-over-year growth in the number of packages in June 2026 ranged from 12% to 17%, depending on the segment, which indicates growing customer confidence,” the CEO emphasized.

Among other achievements, he highlighted a 98% on-time delivery rate, a ranking among the top three global postal operators in terms of international delivery quality, and a market share of over 50% in Ukraine’s highly competitive international shipping market.

“We launched ‘Ukrposhta.Apteka’ nationwide and, for the first time in Ukraine’s history, made it possible to pay by bank card in 100% of populated areas,” Smiliansky added.

The rest of the performance metrics for the first half of the year are not yet available.

The day before, Smiliansky announced the expansion of the network of express parcel lockers. Specifically, the service has been launched in the Lviv and Ivano-Frankivsk regions. Installation has also begun in the frontline regions of Kharkiv, Sumy, and Poltava. Previously, such postal kiosks had already been opened in Odesa, Vinnytsia, Khmelnytskyi, Mykolaiv, Kyiv (122 branches), Dnipro, Zaporizhzhia, and Kropyvnytskyi.

As reported, in January–March 2026, the company posted a net loss of 204.8 million UAH, which is 1.1 million UAH, or 0.5%, more than in the same period of 2025, while its revenue grew by 1.1% to 13 billion 118.42 billion UAH.

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Nova Post Opens Logistics Hub Near Chisinau

Nova Post announced the opening of a new 3,800-square-meter logistics hub near Chisinau (Moldova) with a throughput capacity of up to 10,000 packages per hour, having invested EUR800,000 in the facility.

According to the company’s press release on Tuesday, the new terminal operates 24 hours a day, seven days a week, and handles all processes—from sorting shipments to customs clearance.

Among other things, Cargo Branch No. 25 operates on the hub’s premises, handling shipments weighing over 30 kg.

It is noted that the terminal handles all types of shipments—from documents and parcels to oversized cargo.

Currently, an average of 35,000 parcels pass through the terminal daily, and the most recent record was 80,000 shipments in a single day.

“Shipment volumes in Moldova are steadily growing, and consolidating all processes in one location has enabled us to meet this demand much more efficiently,” said Serhii Shapran, CEO of Nova Post in Moldova, as quoted in the press release.

According to him, thanks to the opening of the new terminal, the company has reduced the average delivery time by two hours. Consequently, shipments to intercity destinations are dispatched twice a day, and to local branches every 2.5 hours.

The company added that the first fulfillment hub has been opened at the terminal, and a Ukrainian brand became one of its first clients.

Nova Post emphasized that the company plans to further develop its logistics infrastructure in Moldova, specifically by launching a new sorting center in Bălți.

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“Ukrposhta” Becomes Official Partner of Etsy

JSC “Ukrposhta” has signed an agreement with Etsy, one of the world’s largest marketplaces, thereby becoming its official partner, the company’s CEO, Ihor Smilianskyi, announced on Monday.

“Today we completed what we started during our visit to the U.S.: Ukrposhta has signed an agreement with one of the world’s largest marketplaces—Etsy,” Smiliansky wrote on Telegram.

According to him, following the signing, the national postal operator has become Etsy’s verified partner worldwide on behalf of Ukraine.

It is noted that more than 2 million Ukrainian products are sold on Etsy.

The signed agreement provides for a more convenient shipping process for customers; specifically, from now on, shipping and label data will be automatically added during checkout in both the Ukrposhta account and on Etsy.

Among other things, the agreement enables full IT integration between “Ukrposhta” and Etsy, which ultimately makes it possible to sell to any country in the world simultaneously.

‘Ukrposhta’ also clarified that the national postal operator will handle all customs duty calculations (in the U.S. and the EU).

“Thank you to our partners for their trust! This was no simple agreement, and this is the first time a major logistics company in Ukraine has achieved this status,” emphasized the CEO of “Ukrposhta.”

Etsy is an international marketplace specializing in the sale of handmade items, vintage goods, jewelry, and other products.

The state-owned Ukrposhta’s total profit for January–April amounted to 106.3 million UAH, with EBITDA of 122.9 million UAH. The company’s equity reached 2.3 billion UAH without additional budgetary funding.

In January–March 2026, the company reported a net loss of 204.8 million UAH, which is 1.1 million UAH, or 0.5%, higher than in the same period of 2025, while its revenue grew by 1.1% to 13 billion 118.42 billion UAH.

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