Ukraine’s Nova Poshta plans to expand into whole Europe

24 March, 01:48 AM
Nova Poshta branch in Vilnius (Photo:Nova Poshta via Facebook)

Nova Poshta branch in Vilnius (Photo:Nova Poshta via Facebook)

Ukraine’s postal operator Nova Poshta plans to open 200 branches in 30 European countries by 2025, Interfax-Ukraine quoted company co-founder Volodymyr Popereshnyuk as saying on March 23.

“We will invest EUR 10 million,” he said while opening its first Nova Post branch in Lithuania, adding that the company has already invested EUR 1 million in network development in Poland.

“In total, we plan to open 200 branches in 30 countries. At least three branches will be opened in Lithuania in the near future, as well as one each in Riga and Tallinn. Everything will depend on the number of customers and shipments.”

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According to Popereshnyuk, the company also plans to open branches in 12 cities in Germany within three months.

“The first one will appear in Berlin in early May,” he said.

“The work is already actively underway there.”

Nova Poshta delivered 315 million parcels in 2022. However, the company did not disclose financial numbers for the past year.

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