Business news from Ukraine

Business news from Ukraine

STATE-RUN UKRPOSHTA RESUMES DELIVERY OF ORDERS FROM MARKETPLACES

Ukrposhta resumed delivery from the largest marketplaces and online stores: OLX, prom.ua, Rozetka, eva.ua, as well as online clothing stores, in particular, children’s clothing, consumer goods, children’s toys, goods for the home, etc., the company’s press service said on Friday.
“Now many Ukrainians are faced with the fact that it has become a problem to buy ordinary things in a store: due to logistical restrictions, when the store simply cannot deliver products on time, or due to a sharply growing demand due to internal migration, some groups of goods have temporary shortage. Ordering goods on the marketplace can partially solve the problem. Therefore, we are pleased to announce that Ukrposhta has resumed the delivery of online orders. Gradually, we will resume delivery from all sites that we worked with before the war, because we understand how important it is for our customers. In addition, the resumption of delivery from marketplaces will allow Ukrainian entrepreneurs to return to work, earn money and strengthen the economy,” Ukrposhta Deputy Director General for Business Development Olena Stepina was quoted as saying.
It is said that as of March 11, some 4,783 branches of Ukrposhta are operating. In addition, mobile departments leave for routes where it is safe.

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STATE-RUN UKRPOSHTA INCREASES NET PROFIT BY 2 TIMES

JSC Ukrposhta in January-September 2021 received UAH 131 million of net profit, which is twice as much as in the nine months of 2020 (UAH 60.9 million).
As the company’s press service reported on Monday, the company increased its net income by 23%, to UAH 8.1 billion.
Ukrposhta notes that the company has increased its volumes and revenues in the main areas of business – remittances, written correspondence, payments. The largest increase occurred in parcels. Thus, among domestic shipments, customers most often chose Ukrposhta Express – here volumes increased by 40% and revenues by 50%. In addition, there was a significant increase in international shipments – volumes increased by 55%, revenues – by 66%.
The company’s labor costs for the specified period increased by 17% and amounted to UAH 4.5 billion. The average salary of employees in full-time equivalent compared to nine months of last year increased by 16.5% and amounted to UAH 9,949.
In addition, Ukrposhta paid UAH 2.4 billion in taxes, single social security tax, fees and mandatory payments in January-September.
“The increase in revenue and profit to UAH 131 million [twice as much as in the same period last year] was due to the growth in the level of trust and business volumes from our customers, especially in the segment of parcels that showed the best dynamics. Given the state of the postal infrastructure, profit is not an end in itself. But it allows us to confidently continue the investment projects that we have already begun, which next year will improve the quality of services for customers and will be a powerful impetus in the development of the company,” Ukrposhta CEO Igor Smelyansky is quoted as saying.

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IRISH COMPANY WILL SUPPLY NEW FRONT-OFFICE SYSTEM FOR STATE-RUN UKRPOSHTA

Escher Group Ltd (Ireland) will supply a new front-office system instead of the old software in stationary offices, as well as fully automate the work of mobile offices and postmen of Ukrposhta.
The signing of the agreement between Ukrposhta and the winner of the tender of the EUR opean Bank for Reconstruction and Development (EBRD), the Irish company Escher Group Ltd, took place in Kyiv on October 26, 2021, Interfax-Ukraine reports.
Director General of Ukrposhta Igor Smelyansky emphasized that the Escher Group software works in more than 30 postal operators around the world.
The contract value is EUR 7.8 million.
In accordance with the terms, it is envisaged to supply 43,000 software licenses, as well as technical support services during four years and software revision if necessary.
As reported, the Verkhovna Rada on October 21 ratified the guarantee agreement for the Ukrposhta Logistics Development project between Ukraine and the EBRD.

KOREA POST RESUMES DELIVERIES TO UKRAINE

The Korea Post resumes deliveries to Ukraine, the parcels will be delivered by Air Astana flights through the mediation of GlobalAirCargo, the press service of Ukrposhta said on Wednesday.
Ukrposhta, in particular, informs that EMS delivery will be resumed first, and then all other categories.
The Ukrainian postal operator also said that most of all in the structure of Korean exports to Ukraine is the share of EMS shipments from Korean online stores.
According to the company, before the pandemic, Korea was included in the list of the top 10 delivering countries in all categories of shipments, and in the category of EMS shipments it was in the top three delivering countries of Ukrposhta. In 2020, with the spread of the coronavirus, the Korea Post imposed restrictions on its work: due to the rapid growth in air transportation costs, it closed the reception of parcels that could be delivered to most European countries, including Ukraine.

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UKRPOSHTA TO DIGITIZE 100% OF SERVICES IN 2021

JSC Ukrposhta plans to digitize 100% of its services in 2021.
“Ukrposhta is facing an ambitious task – during this year to make 100% digitalization of services,” Minister of Infrastructure Vladyslav Krykliy said during the “Ukraine 30. Infrastructure” forum.
According to Krykliy, this will be implemented due to the support of Ukraine’s international partners and almost 2,000 mobile rural branches that will be able to deliver parcels and will be involved in the e-commerce system.
According to Krykliy’s presentation, construction of five automated postal hubs and ten sorting depots is also planned this year.

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NATIONAL POSTAL OPERATOR UKRPOSHTA OPENS 50 PARTNER OFFICES WITH KASTA MARKETPLACE

The national postal operator Ukrposhta begins cooperation with the Kasta marketplace.
As reported by Ukrposhta on Tuesday, in December, the companies opened 50 partner offices.
Fitting rooms will be installed in co-branded post offices, where customers can check if the goods ordered on the Kasta marketplace fit them.
Partner offices will operate in Kyiv, Odesa, Lviv, Kharkiv, Poltava, Lutsk, Vinnytsia, Mariupol, Kramatorsk, Mykolaiv, Severodonetsk, Kryvy Rih, Nikopol, Khmelnytsky, Zhytomyr and other cities.
Delivery of goods purchased on the Kasta website to Ukrposhta partner offices will be free for holders of KastaBlack loyalty program cards, and in the absence of a card, the delivery will cost UAH 25 regardless of the amount and size of the order.
“According to payment systems, in Ukraine in the first quarter of 2020, the volume of e-commerce increased significantly, and merchants began to use digital channels for sales even more actively: the number of online payments in grocery retail increased by 12%, and in certain categories, such as appliances and electronics, the number of purchases on the Internet increased by 44%. We see this tendency in accordance with the increase in the volume of parcels. Therefore, we continue to expand the circle of our cooperation with the largest online stores,” Deputy Director General for business development of Ukrposhta Olena Stopina said.
“For our customers, the coverage and, accordingly, the delivery speed will expand. We do not plan to stop at 50 offices, we will actively develop this area of ​​cooperation,” Head of the delivery service and the network of KastaPost offices Oleksandr Bilousov.
Ukrposhta has the largest office network in Ukraine, almost 11,000 post offices. The national postal operator delivers items even to the most remote settlements and covers 100% of the territory of Ukraine.
Kasta is a marketplace for clothes, shoes and accessories in Ukraine.

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