The national postal operator of Ukraine is ready for partial privatization

Ukrposhta may become the first state-owned company to privatize a portion of its ownership shares, the company’s GM, Ihor Smilyanskyi, said. According to him, to begin with, the entity may sell 20-25% of its shares. He noted that since Ukrposhta is already a joint-stock company, the state can sell 100% of its shares at any … Read more

Ukrposhta increases number of shipments by 40% in 2023

JSC Ukrposhta increased the number of shipments by 40% in 2023 and transported 15 million parcels with JSC Ukrzaliznytsia, Deputy Prime Minister for Restoration – Minister of Communities, Territories and Infrastructure Development Oleksandr Kubrakov said on Facebook on Friday. “The company is showing stable results. In 2023, Ukrposhta increased the number of parcels by 40%. … Read more

Ukrposhta with Estonian Omniva, Slovak Interport and Ukrzaliznytsia start delivery of intl shipments by rail

Ukrposhta, together with Estonian National Post Omniva, Slovak Interport and Ukrzaliznytsia, for the first time since 2002, carried out the first delivery of international parcels to Ukraine by rail, the press service of the postal operator reported on Tuesday. “In the first test delivery by rail, Omniva and Ukrposhta jointly delivered three wagons with almost … Read more

Ukrposhta increases its net loss by 27% with revenue growth by 20% in H1 2023

JSC Ukrposhta in January-June 2023 increased its net loss by 27.0% compared to the same period last year, to UAH 653.7 million. According to the state-owned company’s report in the information disclosure system of the National Securities and Stock Market Commission, its net income grew by 20.0%, to UAH 5.58 billion. In the first half … Read more

Ukrposhta launches new mail service to U.S.

Ukraine’s state postal service, Ukrposhta, announced a new mail shipment– PRIME Small Package to the United States. U.S. postal operator USPS joined a coalition of 67 countries to which such packages have been shipped since April 1, including Canada, the UK, Germany, Australia, France, and others, the company said. “The Small Package is a very … Read more

Eight payment companies get green light from central bank to operate

The National Bank of Ukraine has issued eight licenses for the provision of financial payment services, according to an update posted on the regulator’s website on April 28. Notably, state-owned postal service operator Ukrposhta and NovaPay (part of the Nova Poshta) both received licenses. The following are now included in the Register of Payment Infrastructure: … Read more

Ukrposhta records increase in sending parcels from abroad in Q1

JSC Ukrposhta in January-March 2023 recorded a significant increase in the number of parcels sent to Ukraine from abroad, Director of International Operations Department at Ukrposhta Yulia Pavlenko has said. “I see that according to the results of the first months of this year, Ukrposhta already reaches 85% of the volume of the pre-war period … Read more

State mail company planning to provide electric bikes to mail carriers

State mail company Ukrposhta has launched a pilot project to equip mail carriers with electric bikes, the company’s head Ihor Smelyansky said in a post on Facebook on March 7. “At Ukrposhta, we’d like to have not only happy, but also modern postmen, so we’re launching a pilot project called ‘Mail Carriers on Electric Bikes,’” Smelyansky said. … Read more

Ukrposhta launches delivery from Poland to Ukraine

JSC Ukrposhta launches the delivery of parcels within three to six days from the date of shipment from a warehouse in Poland to Ukraine, the press service of the company has said. According to a press release, Ukrposhta together with the private postal operator SMART Forwarding (with the head office in Greece) and the Polish … Read more

Rada cancels list of state companies that are not subject to privatization

The Verkhovna Rada has canceled the list of state-owned companies that are not subject to privatization, adopting bill No. 1054-1 as a whole with a further technical and legal revision. According to a correspondent of the Interfax-Ukraine agency, 250 MPs voted for this bill at second reading with the quorum being 226 votes. “For the … Read more