JSC “Ukrposhta” expects to raise more than 22 million UAH from the sale of decommissioned vehicles to modernize the company’s fleet.
“Every rusty UAZ sold is a direct contribution to new long-haul vehicles, modern logistics, delivery speed, and the company’s ability to operate even when the enemy is trying to destroy the infrastructure,” Ukrposhta CEO Ihor Smilianskyi is quoted as saying in the press release.
According to him, since the start of the full-scale invasion, “Ukrposhta” has lost 426 vehicles due to shelling and the temporary occupation of territories.
It is noted that during two phases of open auctions conducted through the “Prozorro.Sales” system, the postal operator sold over 1,000 vehicles. Specifically, during the first phase, 716 vehicles were sold, bringing the company approximately 9 million UAH.
“During the second phase, another 316 vehicles were put up for auction. Forty-two auctions have already taken place, and two more are in the final stages, specifically in the Donetsk and Zaporizhzhia regions,” the press release states.
Ukrposhta noted that over 600 participants took part in the auctions, which made it possible to nearly double the final value of the lots from 7.7 million hryvnias to a projected 13.7 million hryvnias.
“The most expensive lot in the second stage was the Kyiv lot consisting of 23 Soviet-era vehicles, which sold for 916 thousand UAH. The least expensive was a Mazda 6 for 44 thousand UAH,” the company emphasized.
Separately, the national postal operator noted that it had completed 100% automation of its sorting processes and expanded its fleet with 160 new MAN and IVECO trucks.
The state-owned “Ukrposhta” reported a total profit of 106.3 million UAH for January–April, 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.
AUCTION, LOGISTICS, PROZORRO.SALES, UKRPOSHTA, vehicle fleet
The national postal operator Ukrposhta has launched a new queue-free parcel pickup service that involves installing special express pickup lockers inside post offices, according to a company statement released on Wednesday.
According to the press release, the first 120 express pickup kiosks have been installed in Kyiv and the Kyiv region. In total, during the first phase, the new system will be implemented in 400 branches, primarily in cities with populations over one million and regional centers.
Ukrposhta explained that some shipments are automatically routed by the company to be picked up via the new format; once the package arrives, the customer receives an SMS with an access code, opens the corresponding section, and picks up the shipment independently without needing to speak to an operator.
It is noted that these lockers are available directly at the branches and operate during their business hours.
“We have long been looking for a way to separate customer flows: those who come only for a package and those who use other services—from utility payments to international money transfers. Testing is still ongoing, but it is already clear: it is possible to pick up a package at Ukrposhta without waiting in line,” the press release quotes Ukrposhta CEO Ihor Smiliansky as saying.
The company emphasizes that the launch of the new format is part of the national postal operator’s service upgrade.
“Following the completion of 100% automation of sorting processes and the creation of an infrastructure with a potential capacity of up to 3 million shipments per day, the company is gradually transforming the customer experience: expanding the network of parcel lockers, partner pickup points, and new formats for receiving parcels at branches,” Ukrposhta added.
As reported, the state-owned “Ukrposhta” posted a total profit of UAH 106.3 million for January-April, with EBITDA of UAH 122.9 million. The company’s equity reached UAH 2.3 billion without additional budget funding.
In January-March 2026, the company reported a net loss of UAH 204.8 million, which is UAH 1.1 million, or 0.5%, more than in the same period of 2025, while its revenue grew by 1.1% to UAH 13.11842 billion.
The National Bank of Ukraine (NBU) has imposed a penalty of UAH 1.7 million on JSC “Ukrposhta” for violating the laws governing activities in the payment market, the regulator announced.
It is noted that the relevant decision was adopted on May 18, 2026, by the Committee on Banking Supervision and Regulation, and Oversight of Payment Infrastructure.
The fine was imposed due to the company’s failure, as a provider of financial payment services, to fulfill its obligation to ensure the proper functioning of its corporate governance system, internal control system, and risk management system.
The violation was identified based on the results of an off-site supervision and inspection of the national postal operator conducted on November 1, 2025.
“Ukrposhta” is required to pay the fine within five business days of receiving the committee’s decision.
As previously reported, in March 2026, “Ukrposhta” paid a fine of 255,000 UAH imposed by the NBU for failing to submit the requested information within the established deadlines, while also announcing its intention to challenge the regulator’s decision in court.
In December 2025, the National Bank also issued a written warning to Ukrposhta for violating legal requirements in the payment market, specifically regarding payment services, management systems, and the submission of statistical reports, as determined by the results of off-site supervision.
Ukrposhta reported a net loss of UAH 204.8 million for the first quarter of 2026, which is UAH 1.1 million, or 0.5%, more than in the same period of 2025, but 40% less than projected in the plan. The company’s revenue for this period decreased by 0.1%, or UAH 5 million, to UAH 3.34 billion, which is 2% less than planned.
The state-owned company Ukrposhta reported a total profit of UAH 106.3 million for January–April, with EBITDA of UAH 122.9 million, the company’s CEO Ihor Smiliansky announced on Facebook on Monday.
“EBITDA (operating profit)—a measure of the core business’s performance—improved from a negative 13.6 million UAH to a positive 122.9 million UAH. And this is without taking into account the sale of assets. It consists solely of operating income,” he noted.
According to the CEO, the company’s equity reached UAH 2.3 billion without additional budget funding.
“So, who doesn’t have the cards, and who holds the trump cards right now?” Smiliansky concluded in a remote discussion with Andriy Pyshnyy, Governor of the National Bank of Ukraine, regarding Ukrposhta’s financial capacity to “restore and accumulate capital through operating activities” and obtain a banking license.
As reported, Ukrposhta posted a net loss of 204.8 million UAH for January–March 2026, 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 13.11842 billion UAH.
The company’s equity in the first quarter of this year decreased from UAH 2.208 billion to UAH 2.003 billion.
In April of this year, Ukrposhta received UAH 461.5 million for its building, the former sorting center near the railway station in Lviv, which was purchased by the Eurotek Invest fund owned by Mykhailo Veselskyi, the owner of the Arsen supermarket chain.
In 2025, the national postal operator Ukrposhta reduced its net loss by 50% compared to 2024—to 206.55 million UAH, while its revenue grew by 1.1% to UAH 13.11842 billion, which is 13% below the plan, according to the company’s annual report.
According to the report, Ukrposhta’s gross profit for 2025 increased by 8.6% to UAH 1.56 billion, while the loss from operating activities rose by 2.9% to UAH 414.50 million.
The company also reported that last year’s revenue from domestic and international parcels rose by 9% compared to the year before last—to 2.79 billion UAH. The distribution of periodical print media brought Ukrposhta 1% more—UAH 274.4 million—due to a revision of rates.
At the same time, revenue from international postal exchange (imports) fell by 9% to 1.22 billion UAH due to stagnation in the parcel market and the consolidation of orders into a single shipment at a lower rate.
Revenue from the delivery of international “EMS” mail in 2025 also fell by 13%, or UAH 43.7 million, to UAH 287.9 million.
Revenue from the “pensions and financial assistance” sector decreased by 8% to UAH 2.58 billion. Ukrposhta cited the transition of pensioners to banking services as the main factor, a trend that is gradually intensifying, including due to additional government programs that pay social benefits exclusively through bank cards.
Revenue from other financial services decreased by 2% to UAH 47.5 million, driven by a decline in cash withdrawal and payment card top-up services via the company’s terminals.
The report also notes that revenue from written correspondence decreased by 2% to UAH 1.73 billion, although small packages accounted for UAH 1.12 billion, which is 4% higher than the 2024 figures due to the recovery of business activity in the market.
The company emphasized that the main factors contributing to the loss in 2025 were the accelerated outflow of retirees and the corresponding decline in traditional services, failure to meet parcel growth targets, and delays in real estate sales due to late approval from the shareholder. However, the company partially offset these factors by optimizing its payroll and other expenses.
It is noted that Ukrposhta continues to generate operating profit at the EBITDA level: in 2025, it amounted to UAH 503 million, compared to UAH 472 million in 2024.
According to the report, the national operator paid UAH 3.62 billion in taxes, fees, and mandatory payments in 2025, which is UAH 495.7 million more than in 2024; of this amount, UAH 961.7 million was paid to the state budget, an increase of UAH 395.8 million compared to the previous year.
As for Ukrposhta’s capital investments, their volume last year amounted to 1.21 billion UAH.
It is noted that capital investments of 991.6 million UAH, including VAT, are planned for 2026, of which 89.5 million UAH will come from the European Bank for Reconstruction and Development (EBRD) and 736.7 million UAH from own funds.
It is anticipated that capital investments will be directed toward launching a network of parcel lockers, purchasing technological and sorting equipment for new logistics terminals, logistics centers, and depots, and acquiring IT equipment, including network equipment and computer hardware.
Among other areas, the company plans to invest in the purchase of low-speed electric vehicles (tricycles, electric scooters), upgrading branch formats to ensure their autonomy—specifically, purchasing generators and inverters, disconnecting from shared power grids—as well as expanding the network of cargo branches and implementing the “Pharmacy” project.
In addition, the plan includes the purchase of IT equipment to implement automated processes and the further development of mobile applications for customers and employees, as well as the digitization of processes and other components.
The report notes that as of the end of 2025, no funds had been drawn down under the loan agreement with the European Investment Bank (EIB). The company submitted a formal request to the bank to cancel the loan financing, as it had not actually been utilized.
As of the end of last year, EUR 53.11 million had been received under the loan agreement with the EBRD, EUR 18.66 million had been repaid, and the total debt as of December 31 stood at EUR 34.45 million.
As reported, the national operator posted a net loss of UAH 204.8 million for January–March 2026, which is UAH 1.1 million, or 0.5%, higher than in the same period of 2025, but 40% lower than projected in the plan. The company’s revenue in the first quarter decreased by 0.1%, or UAH 5 million, to UAH 3.34 billion, which is 2% below the plan.
The national postal operator Ukrposhta reported a net loss of UAH 204.8 million for January–March 2026, which is UAH 1.1 million, or 0.5%, higher than in the same period of 2025, but 40% lower than projected in the plan, according to the company’s financial report.
According to the report, in the first quarter of 2026, Ukrposhta reduced its revenue by 0.1% or 5 million UAH to 3.34 billion UAH, which is 2% less than planned.
It is noted that in the first quarter of 2026, Ukrposhta handled 15.8 million domestic and international items of written correspondence (compared to 20.9 million in the first quarter of last year), 9.8 million parcels (11.1 million), and 18.3 million payments (22.4 million).
“Compared to the same period last year, there has been revenue growth in the segments of letter mail, money transfers, and payments, while revenue from other services has declined,” the report notes.
EBITDA for the reporting period decreased by 38.6% compared to the same period last year—to 25.4 million UAH.
The company emphasized that these figures were influenced by the loss of markets and company assets due to Russia’s aggression and stagnation in domestic demand for services.
Other reasons cited for the deterioration in financial results include delays in the rollout of additional services for customers, the shift of pensioners to banking services, the ongoing digitization of payments, and population decline.
The company has 7,193 customer service locations (7,235 a year ago), including 2,026 mobile postal branches (2,058), serving 21,300 settlements.
According to the report, Ukrposhta currently has 25,950 employees (28,860), and the average salary is 20,300 UAH (18,200 UAH). It is noted that the review of salaries for operational staff has also been postponed due to failure to meet financial targets.
Ukrposhta stated that a plan of measures to improve its financial condition was developed at a meeting of the supervisory board. This involves maintaining a delivery quality rate of at least 95%, improving the customer experience, and further integration with key clients and marketplaces to increase shipment volumes. According to the report, integration with OLX has already taken place.
The report also highlights the launch of the first parcel pickup points and parcel lockers to improve walkability. A separate component is the topic of payments: an update to the front-end system and a transition to a new payment system are to be implemented, and payment rates have been revised to increase revenue.
Other issues include the sale of real estate not used in operational activities. Last week, CEO Ihor Smelyansky announced that since the beginning of 2026, Ukrposhta has received 517 million UAH from the sale of unused real estate following the results of eight auctions on the Prozorro.Prozazhi platform, including UAH 461.5 million for its former sorting center building near the railway station in Lviv, which was purchased by the Eurotek Invest fund from Mykhailo Veselskyi, owner of the Arsen supermarket chain.
It is expected that in the second quarter of 2026, Ukrposhta will direct investments toward energy independence of infrastructure and the digitization of services as part of a national strategy. Specifically, this involves improving the mobile app, the CRM system, and self-service customer service channels.
Other plans include scaling logistics solutions, including the deployment of new parcel lockers in the regions and the optimization of delivery routes, improving operational efficiency, strengthening the energy independence of the postal infrastructure ahead of the coming winter, as well as strengthening the risk management and cybersecurity program.
As reported, Ukrposhta posted a net profit of 257.9 million UAH in the fourth quarter of 2025, which is 69.2% higher than in the same period of 2024. The company increased its revenue by 10.7 million UAH to 3.6016 billion UAH.
