The national postal operator of Ukraine is ready for partial privatization and plans to increase operational efficiency and invest ₴1.3B in automation.

Ukrposhta may become the first state-owned company to privatize a portion of its ownership shares, the company’s GM, Ihor Smilyanskyi, said. According to him, to begin with, the entity may sell 20-25% of its shares. He noted that since Ukrposhta is already a joint-stock company, the state can sell 100% of its shares at any time.

So far, several potential partners have emerged, including:

1. International financial organizations, for example, the EBRD and IFC
2. Private funds, in particular, venture funds, which see logistics as a promising direction
3. Strategic partners from other countries who may be interested in entering the Ukrainian market. These can be companies like DHL or Amazon.

This year, Ukrposhta plans to increase the number of sent parcels by 50% and will allocate ₴1.3B to automation. The company plans to open 18 new sorting centers in four months.