Ukrposhta

Tuesday, July 2

At the IMF’s request, Ukraine will work on creating a postal bank. Ukraine’s memorandum with the IMF says that the Ukrainian authorities plan to create a specialized bank to ensure access to financial services for residents in remote settlements, de-occupied te...

Thursday, February 29

The national postal operator of Ukraine is ready for partial privatization and plans to increase operational efficiency and invest ₴1.3B in automation. 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 ...

Tuesday, December 5

Seven state-owned joint-stock companies are selling their assets at public auctions. These sales will take place according to new rules regarding online auctions in the electronic trading system Prozorro.Sales, the Ministry of Economy reported. Electronic auctions for the sale and lea...

Wednesday, June 15

Ukraine’s postal service resumes delivery of shipments from AliExpress. State postal service Ukrposhta resumes package deliveries from the Chinese marketplace AliExpress on June 15. According to General Manager Ihor Smilyanskyi, the parcel delivery will be made through o...

Wednesday, April 6

The Boryspil airport lost UAH 3.5B in revenue, Ukrposhta UAH 500M. At the Boryspil airport, according to preliminary estimates, during the war, the loss of revenue has amounted to UAH 3.5B ($115M), and Ukrposhta has lost more than UAH 500M ($16M), announced the Mini...

Tuesday, February 22

Ukrposhta launches fund transfers by phone number. To make a transfer, customers no longer need the recipient’s card details, they simply enter the phone number linked to the recipient’s card account. Customers may only use a Visa payment...

Wednesday, February 16

Ukrposhta launched card to card money transfers through your phone. Using the technologies of the FinTech platform Tranzzo along with additions to the Visa Direct service, Ukrposhta launched P2P transfers on their website and in their mobile application (Android and I...

Friday, January 28

Ukrposhta is buying 17,000 banking terminals. Ukrposhta has announced a tender to purchase 17,000 banking terminals, operating in the country’s most remote villages, where banking services have never existed before. According to the Prozorr...

Monday, January 17

Ukrposhta seeks five members for Supervisory Board. Competitive selection for five positions of independent members of the supervisory board of Ukrposhta has been announced by the Ministry of Economy. A member of the supervisory committee must have pro...

Tuesday, December 7

Ukrposhta will build a sorting center in Kharkiv. The company has signed an agreement with Oleksandr Yaroslavskyi’s DCH group of companies to build a new automated sorting center at the Ecopolis HTZ high-tech park in Kharkiv, announced CEO of U...

Wednesday, November 17

Ukrposhta launches new service “delivery of documents”. The new service will guarantee delivery within two working days within regional centers and between regional centers. Ukrposhta said that the pilot launch of the new service is targeted at clients who...

Monday, November 15

Ukrposhta is entering the retail banking market with the purchase of a bank valued at UAH 260 mln. Ukrposhta purchased Alpari Bank for UAH 260 mln ($9.9 mln). The Cabinet of Ministers and the Ministry of Infrastructure, the owner of Ukrposhta, gave a green light for the agreement. Now the National ...

Tuesday, October 26

Ukrposhta and eBay have launched a campaign in support of Ukrainian SMEs. Entrepreneurs registered on the platform by the end of the year will be offered special conditions such as 0% commission on sales for the first three months, 200 free advertisements, and special suppo...

Friday, October 8

Ukrposhta sells old assets on Prozorro.Sales. “Ukrposhta” put up for the auction “Prozorro.Sales” more than 1.6 thousand non-working cars. The starting price is UAH 10.9 million. Cars will be sold to one buyer, because CEO...

Monday, September 20

Ukrposhta experiments with new modern mailboxes. It has installed the first ones in its Kyiv branches as part of a pilot project, its CEO Ihor Smilyansky says.

Tuesday, September 14

In other upgrades to its network, Smilyanksy announced Ukrposhta plans to computerize another 1,250 villages with a population of up to 1,200 people by February 2022. “We will launch 800 more vehicles this year and about 900 more next year so that the whole country will be covered with mobile units by June 2022”. (Interfax-Ukraine)

Friday, September 10

Ukrposhta sees growth in the volume of partner deliveries. The CEO of Ukrposhta Ihor Smelyansky says cooperation with corporate clients is expanding and showing good results. For example, OLX had 500,000 parcels delivered in one and a half months. “We will so...

Monday, May 17

Ukrposhta’s iconic Stalin-era headquarters on Kyiv’s Independence Square could find a second life as a casino, Smelyansky told the Kyiv Post. He said: “We are converting old infrastructure to a new, modern use. You cannot constantly live in the past.

Wednesday, March 10

Stepanov yesterday berated the vaccination program he leads. Stepanov yesterday berated the vaccination program he leads. In the two weeks since 500,000 vaccines arrived from India, 20,000 people have been vaccinated and 190,000 are on waiting lists. “I’m not s...

The Health Ministry yesterday approved the use in Ukraine, Sinovac, the Chinese manufactured COVID-19 vaccine. The Health Ministry yesterday approved the use in Ukraine, Sinovac, the Chinese manufactured COVID-19 vaccine. Next week, 1.9 million doses are due to arrive in Ukraine.

Inflation spiked up to 7.5% yoy in February, a jump from the 6.1% yoy increase in January Inflation spiked up to 7.5% yoy in February, a jump from the 6.1% yoy increase in January, reported the State Statistics Service. Last month, the biggest factor was a 45% yoy increase in price of natu...

Adamant Capital last night wrote of the inflation spike: “One of the reasons for this may be the sharp YoY increase in the money supply. Despite the fact that the NBU has already increased the key rate by 50bps to 6.5%, we expect the CPI to accelerate furth...

The Finance Ministry managed to keep lowering rates for short term government bonds at yesterday’s weekly auction The Finance Ministry managed to keep lowering rates for short term government bonds at yesterday’s weekly auction, the Ministry reported on Facebook. The all-hryvnia auction yielded the equivalent of ...

The Rada will soon vote on the final passage of the “Google” tax – a tax that would impose a 20% VAT tax on provision of Internet services by foreign companies to residents of Ukraine The Rada will soon vote on the final passage of the “Google” tax – a tax that would impose a 20% VAT tax on provision of Internet services by foreign companies to residents of Ukraine. The law, which ...

Services that would be taxed include: Services that would be taxed include: sale of images or texts, e-books; sale of audio, video, games, gambling; providing paid access to electronic resources; provision of cloud technologies for data p...

Last week’s US entry ban on Ihor Kolomoisky and his immediate family “is the beginning,” Last week’s US entry ban on Ihor Kolomoisky and his immediate family “is the beginning,” Iuliia Mendel, spokeswoman for President Zelenskiy, said in an interview posted yesterday on the YouTube channe...

German Chancellor Angela Merkel will address the fourth Ukrainian-German Economic Forum German Chancellor Angela Merkel will address the fourth Ukrainian-German Economic Forum, an investment and trade conference that will take place on line on Friday, March 19. According to Ukraine’s Emb...

Kyiv plans to receive 5 to 7 container trains a month from China this year, which is double last year’s rate, reported Ukrzaliznytsia. Kyiv plans to receive 5 to 7 container trains a month from China this year, which is double last year’s rate, reported Ukrzaliznytsia. The trains take about 15 days to travel from China and are unload...

Poland’s PCC Intermodal S.A. plans to triple container trains between Poland and Ukraine, to three per week this year Poland’s PCC Intermodal S.A. plans to triple container trains between Poland and Ukraine, to three per week this year, according to the company’s website. Starting last year, the company picks up and ...

Ukraine should invest in achieving universal fluency in English among young people, Ukraine should invest in achieving universal fluency in English among young people, Oleksiy Danilov, secretary of the National Security and Defense Council, said yesterday at a “Ukraine 30” forum on c...

The sale of Ukrposhta’s iconic postwar headquarters at 22 Kreschatyk Street, Kyiv will take two years The sale of Ukrposhta’s iconic postwar headquarters at 22 Kreschatyk Street, Kyiv will take two years, Ihor Smilyanskyi, director of the state postal system, said in a video. With Kyiv’s commercial re...

The Cabinet of Ministers last night banned travel on buses and trains to and from four regions listed as ‘red zones’ for coronavirus infections: Chernivtsi, Ivano-Frankivsk, Zakarpattia and Zhytomyr. The Cabinet of Ministers last night banned travel on buses and trains to and from four regions listed as ‘red zones’ for coronavirus infections: Chernivtsi, Ivano-Frankivsk, Zakarpattia and Zhytomyr. ...

Tuesday, February 9

Ukraine’s economy will rebound sharply to 10% growth yoy in the second quarter of 2021, breaking five successive quarters of decline Ukraine’s economy will rebound sharply to 10% growth yoy in the second quarter of 2021, breaking five successive quarters of decline, according to a Reuters poll of 12 Ukrainian analysts. The median f...

Ukraine aims to vaccinate against Covid-19 the most vulnerable half of its population over the next year, Ukraine aims to vaccinate against Covid-19 the most vulnerable half of its population over the next year, President Zelenskiy told a forum in Kyiv yesterday, “Ukraine 30. Coronavirus: Challenges and R...

The European Investment Bank is loaning €50 million to Ukraine to help pay for vaccines, refrigeration equipment and logistics The European Investment Bank is loaning €50 million to Ukraine to help pay for vaccines, refrigeration equipment and logistics, Ihor Ivaschenko, Deputy Health Minister, told reporters at the forum. Ze...

People who are vaccinated or who have recovered from Covid will be exempt from quarantine restrictions, People who are vaccinated or who have recovered from Covid will be exempt from quarantine restrictions, Zelenskiy said, without elaborating. “Lack of faith in vaccination, refusal to vaccinate by a si...

China-Europe freight trains were up 66% yoy in January, to 1,165 China-Europe freight trains were up 66% yoy in January, to 1,165, reported China State Railway Corporation. The number of containers grew 75%, to 109,000 for the month. At this pace, one 94-container ...

A second private company has won permission to run freight trains on the tracks of Ukrzaliznytsia, the state railroad A second private company has won permission to run freight trains on the tracks of Ukrzaliznytsia, the state railroad. Promvagontrans LLC was won permission to run freight trains on four routes in cen...

Riding the e-commerce boom, Nova Poshta has launched a €14 million sorting center in Kyiv Riding the e-commerce boom, Nova Poshta has launched a €14 million sorting center in Kyiv that can sort up to 50,000 packages an hour. Captured in a video, the sorting center is a maze of belts, chute...

Postal operators – Nova Poshta, Ukrposhta and Meest Express – account for almost half of the 364,000 square meters of warehouse and logistics space to be commissioned this year Postal operators – Nova Poshta, Ukrposhta and Meest Express – account for almost half of the 364,000 square meters of warehouse and logistics space to be commissioned this year, according to a study b...

With the warehouse market tightening, Dragon Capital Group sold Omega-2, a 32,731 square meter logistics complex in Brovary’s industrial zone With the warehouse market tightening, Dragon Capital Group sold Omega-2, a 32,731 square meter logistics complex in Brovary’s industrial zone, facing the city’s bypass road. “This is our first closing...

Dragon plans to return this year to its pre-pandemic levels of investment Dragon plans to return this year to its pre-pandemic levels of investment, Dragon Capital CEO, said last week at the Global Outlook meeting hosted by the European Business Association. “In the first h...

Public works construction pulled the sector ahead last year for an overall increase of 4%, to $7.1 billion Public works construction pulled the sector ahead last year for an overall increase of 4%, to $7.1 billion, the State Statistics Service reports. Road construction was up 142% in nominal terms, making...

Starting March 1, the State Mortgage Institution will start to offer home mortgages at 7% Starting March 1, the State Mortgage Institution will start to offer home mortgages at 7%, Prime Minister Shmyhal announced last week. For reference, Ukraine’s prime rate has been 6% since June 2020....

Ukrgazbank, a state-owned bank, reports that since July it has made $16 million worth of low interest mortgages to 548 people. Ukrgazbank, a state-owned bank, reports that since July it has made $16 million worth of low interest mortgages to 548 people. Half of the mortgages are for under 10%. For dachas, or secondary homes, ...

Despite tight border controls imposed during last spring’s coronavirus lockdown, remittances from Ukrainians working outside the country increased by 2% last year, to $12.1 billion, Despite tight border controls imposed during last spring’s coronavirus lockdown, remittances from Ukrainians working outside the country increased by 2% last year, to $12.1 billion, according to data ...

Worker migration remains strong to Poland, a country that suffered one of the EU’s smallest GDP drops in 2020 — an estimated 2.7%. Worker migration remains strong to Poland, a country that suffered one of the EU’s smallest GDP drops in 2020 — an estimated 2.7%. During 2020, the number of foreigners officially working in Pol...