Ukraine's NOVA Group aims to enter global top 20 postal companies within 5 years

NOVA Group, whose core business is Ukraine’s leading express delivery operator Nova Poshta, aims to rank among the world’s top 20 express delivery and postal companies by 2030, co-owner Viacheslav Klymov said.

"Right now, we are in 30th place… To enter the top 20, we need to quadruple the number of parcels," he said at the NOVA Summit in Kyiv on Thursday.

Klymov said that the group currently handles more than 500 million parcels annually.

According to him, the Ukrainian market will remain the group’s core market, where it plans to continue growing at an annual rate of 15%.

"Our second priority is our network in Europe," the co-founder added.

As reported, last year NOVA Group handled 522 million shipments, including 29 million in Europe.