The EBRD to finance the construction of a new hub for Nova Poshta.

The bank and Nova Poshta have signed a €13 mln loan agreement to finance the company’s expansion. The loan will be used to build an innovative, automated sorting hub in the south-central Ukrainian city of Dnipro. The facility will feature a new smart system designed by Equinox, a Lithuanian provider of solutions for robotization and logistics optimization. When the Dnipro hub becomes operational, the company will double the number of processed parcels, use its fleet more efficiently and save energy, announced the EBRD in the press release.