Tag: Ukraine

Ukraine and Israel agree on cooperation

Ukraine and Israel have agreed on cooperation in the sphere of telecommunications and mail services.

Press service of the State Committee for Communications and Information informed of this matter following results of the second meeting of the Ukrainian-Israeli commission for economic cooperation.

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UkrPoshta raises net revenues by 5.6%

In the first quarter of 2003 the Ukrainian state-run enterprise of post service Ukrposhta increased net revenues by 5.6 compared to the same period last year – to UAH328.9 million. The enterprise’s net profit in January-March was UAH4.6 million (in the first quarter of 2002 – UAH7.1 million), profitability making 1.7 reads a press release of the company. The share of revenues from written correspondence made 20.8% in the general structure of the company’s earnings (20%), from payments and pension delivery and monetary aid – 19.1% (18%), distribution of periodicals – 9.2% (9.7%), money remittances – 5.3% (5.6%), parcels – 2.2% (2.2%), other services – 43.4% (44.6%). Among the most claimed services, the company marked computer-aided remittances, revenues on which grew more than three-fold. Ukrposhta noted that labor efficiency grew by 12.7% compared to the first quarter last year, and average wage increased by 16.6% – to UAH342. The enterprise has no debts to the budget. According to the company, in January-March the amount of capital contributions made UAH14.7 million. Ukrposhta also opened three Internet offices, bringing its number up to 62, including 38 in Kyiv. Ukrposhta is the Ukrainian postal monopoly. The company provides over 70 kinds of services.

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Ukrposhta joins International Money Transfer System

Ukrposhta (Ukraine Postal Service) has joined the International Financial System (IFS), which conducts international money transfers developed by the World Postal Union, Ukrposhta general director Vasyl Mukhin announced.
Mukhin noted that previously every country had its own money transfer system, and that they often were not compatible with one another, which forced the World Postal Union to develop a unified system.

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TNT: New Spain – E Europe Road Routes

Courier group TNT has opened up three new road routes linking Spain with eastern Europe. They are to Ukraine, Slovenia and Croatia, adding to those recently launched to Romania, Bulgaria and Turkey, said a company statement

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