Business news from Ukraine

Business news from Ukraine

“Ukrposhta” plans to raise over 22 mln UAH from sale of decommissioned vehicles

18 June , 2026  

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.

, , , ,