Nova Poshta Launches UK Operations with 13th European Branch

Nova Poshta, a Ukrainian postal and cargo company, has launched its operations in the UK with a new branch in London. The company's UK expansion marks its 13th European branch, offering competitive delivery fees and services through its partnership with InPost.

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Nitish Verma
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Nova Poshta Launches UK Operations with 13th European Branch

Nova Poshta Launches UK Operations with 13th European Branch

Nova Poshta, a leading Ukrainian postal and cargo company, has officially launched its operations in the United Kingdom with the opening of its 13th European branch in London. The company's expansion into the UK market marks a significant milestone in its growth strategy, solidifying its presence in the region.

Why this matters: The expansion of Nova Poshta into the UK market highlights the growing importance of Eastern European companies in theglobal logistics industry. This move is likely to increase competition and drive innovation in the sector, ultimately benefiting consumers and businesses alike.

The newly established UK-based subsidiary, UK Novapay LTD, has received an initial contribution of UAH 13.7 million from Nova Poshta, with additional contributions of UAH 26.21 million planned for 2023. Nova Poshta holds a 75% stake in the subsidiary, demonstrating its commitment to the UK market.

The London branch of Nova Post offers a range of services, with the post office accepting parcels up to 30 kg and the freight office handling shipments up to 1,000 kg. Customers can expect competitive delivery fees from Ukraine to the UK, starting at UAH 900 for documents and ranging from UAH 950 to UAH 2.5 thousand for parcels up to 30 kg. Additional fees apply for courier delivery to any address in England, Scotland, Northern Ireland, and Wales, with UAH 100 charged for parcels up to 30 kg and UAH 250 for every 100 kg of parcel weight.

In addition to its own branch network, Nova Poshta has partnered with InPost, a leading UK postal service provider. This collaboration will enable Nova Poshta customers to send and receive parcels through InPost's extensive network of post offices across the country, further enhancing convenience and accessibility.

Vyacheslav Klimov, co-owner of NOVA Group, expressed his enthusiasm for the UK launch, stating, "Today we are celebrating the official start of work in the UK market. Along with the opening of branches, we have also launched courier delivery." The expansion into the UK follows Nova Poshta's recent entry into the Spanish market, where it opened its first Nova Post office on April 30.

With over 35,000 service points for sending and receiving parcels across Europe, including 90 of its own branches in 13 countries, Nova Poshta has established itself as a major player in the logistics industry. The company's UK expansion is expected to strengthen its position and provide customers with efficient and reliable postal and cargo services in the region.

Key Takeaways

  • Nova Poshta launches UK operations with 13th European branch in London.
  • UK Novapay LTD receives UAH 13.7 million initial investment, with UAH 26.21 million more planned for 2023.
  • London branch offers competitive delivery fees from Ukraine to UK, starting at UAH 900 for documents.
  • Nova Poshta partners with InPost for extensive UK post office network access.
  • Expansion strengthens Nova Poshta's position in European logistics industry with 35,000+ service points.