Ukraine's Nova Poshta postal company plans to open offices in Germany, Romania, Czech Republic

MOSCOW. Feb 27 (Interfax) - The Nova Poshta Ukrainian group of companies plans to open offices in major German cities starting from April, as well as to enter the markets of Romania and the Czech Republic in Q2, the Ukrainian media reported, citing the message of the company's co-owner Vladimir Popereshnyuk on social media.

"It is planned in Germany: the first city is Berlin, then Munich, Cologne, Hamburg and about a dozen others. The first opening will be in April," he said.

Popereshnyuk added that work is underway to open the first branch in the Czech Republic early in Q2, and a branch in Bucharest will open in Q2, as well.

Nova Poshta will not stop at these countries, and those living in other European countries, particularly in Austria, Slovakia, Latvia and Estonia, could also count on the opening of the company's offices there, and in the future it could also enter the United States market, he said.

At the same time, the co-owner of the company said in comments that at this stage Nova Poshta has decided to suspend the opening of franchise offices in Europe.

As reported, in Poland Nova Poshta has already opened 19 offices in nine cities: Warsaw, Krakow, Lublin, Gdansk, Wroclaw, Poznan, Rzeszow, Lodz and Katowice. The service of sending parcels not only to Ukraine, but also between Polish cities is provided.

In mid-March, the first office in the Lithuanian capital, Vilnius, is scheduled to open.

Nova Poshta, which was founded in 2001, is the largest participant of the Ukrainian logistics market: its network consists of about 10,000 post offices and 13,000 postal terminals throughout Ukraine. The number of pieces of mail delivered in 2021 exceeded 372 million. Additionally, NovaPay, a non-banking financial institution, provides services for money transfers and e-money transactions. There were 388 million transactions in 2021.