Business news from Ukraine

Business news from Ukraine

Ukrposhta sold 716 decommissioned vehicles at auction for UAH 9 mln

16 February , 2026  

The national postal operator Ukrposhta has completed its second auction on Prozorro.Prozori, selling 716 decommissioned vehicles for UAH 9 million, and is preparing to sell another 250 cars, according to the company’s CEO, Ihor Smelyansky.

“In exchange for this ‘loss’, Ukrposhta received UAH 9 million. It also received thousands of square meters of free space and millions of hryvnias, which it will now save on storage, accounting, and maintenance of these cars,” Smelyansky wrote on Telegram on Monday.

According to him, 716 units of obsolete equipment were sold, ranging from a 1979 GAZ-52 from Poltava to a Volvo FH12 truck. The average mileage of each vehicle put up for auction was about 470,000 km, and the physical wear and tear of the fleet reached 96%.

In addition, it is noted that some of the vehicles were purchased by organizations and will be used for spare parts for the needs of the army and volunteer initiatives.

In the fourth quarter of 2025, Ukrposhta received a net profit of UAH 257.9 million, which exceeded the figure for the same period in 2024 by 69.2% due to additional income from the sale of the company’s property, which amounted to UAH 168 million.

The national postal operator increased its revenue in the fourth quarter by UAH 10.7 million compared to the same period in 2024, to UAH 3 billion 601.6 million.

, ,