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Nova Poshta: who founded it, who runs it today, and how much does the logistics giant cost?

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?

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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:

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:

As of 2024, the following subsidiaries operate within the NOVA group:

Network and services

As of 2024, the company has:

In addition to standard express delivery, Nova Poshta offers:

Future plans

In 2024-2025, Nova Poshta plans to:

We remind you that we previously wrote that Ukraine has become one of the leaders in terms of global philanthropy.

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