Nova Poshta is the largest private logistics company in Ukraine, playing a key role in the field of express delivery. The company provides transportation of parcels, documents and cargo throughout the country and is actively expanding its presence abroad, writes IZ. Who owns the company, who manages it today and how much is this logistics giant worth?
Content
- Who owns Nova Poshta?
- Who is the CEO of the company?
- Financial indicators and company profits
- How did Nova Poshta develop?
- Network and services
- Future plans
Who owns Nova Poshta?
The founders and owners of the controlling stake in the company are Vyacheslav Klymov and Volodymyr Popereshnyuk . They launched the business in 2001 in Poltava, starting with a small starting capital of $7,000. Later, the co-founders were joined by Inna Popereshnyuk, who is a minority shareholder.
Vyacheslav Klimov and Volodymyr Popereshnyuk. Photo: New Voice.
To date, the company has not attracted outside investors or strategic partners, remaining fully owned by the founders. This allows them to maintain control over all key decisions and business development directions.
Who is the CEO of the company?
The CEO of Nova Poshta for 2024 is Oleksandr Bulba . He headed the company in 2022, replacing Yuriy Benevitsky. Bulba has many years of experience in logistics and management of large companies, which allows him to effectively manage the development of the NOVA group.
Oleksandr Bulba. Photo: Ukrainian Retailers Association.
Financial indicators and company profits
Nova Poshta continues to increase its financial performance. In 2023, the company achieved a record turnover:
- Revenue – UAH 44.78 billion
- Net profit – UAH 2.5 billion
- Asset value – UAH 31.47 billion
According to experts, the company's market value exceeds $1 billion. In 2023, Vyacheslav Klimov confirmed in an interview with Forbes that the company's potential valuation could be comparable to the largest players in the European logistics market.
How did Nova Poshta develop?
The company started with a small delivery network between regions of Ukraine. During the first decade, it significantly expanded its presence, and after 2014, it began international expansion. Key milestones include:
- 2007 was the company's first profitable year.
- 2012 – launch of a mobile application for tracking parcels.
- 2014 – entry into international markets (Moldova, Georgia).
- 2021 – creation of Supernova Airlines.
- 2023 – opening of branches in Poland, Germany, Czech Republic, Lithuania, Romania, Slovakia.
As of 2024, the following subsidiaries operate within the NOVA group:
- Nova Post Europe is an international direction.
- Nova Global – logistics services worldwide.
- Supernova Airlines – air cargo transportation.
- NovaPay – financial services and money transfers.
- Nova Digital – IT direction.
Network and services
As of 2024, the company has:
- 8,500 branches throughout Ukraine
- 13,600 ATMs
- 110 sorting terminals
- Daily volume of shipments – up to 2 million parcels
In addition to standard express delivery, Nova Poshta offers:
- Address delivery throughout Ukraine
- International delivery to over 200 countries
- Fulfillment (logistics for business)
- Shipping via post office
- Money transfers and financial services
Future plans
In 2024-2025, Nova Poshta plans to:
- Open new branches in the Baltics and Scandinavia.
- Expand Supernova Airlines' own fleet.
- Invest in the construction of new logistics hubs.
- Implement sorting automation at key terminals.
We remind you that we previously wrote that Ukraine has become one of the leaders in terms of global philanthropy.