Ukrposhta plans to double its revenue this year, to $650 million, and to increase its investments 20-fold, to $65 million

Ukrposhta plans to double its revenue this year, to $650 million, and to increase its investments 20-fold, to $65 million, Igor Smelyansky, director general of the state postal service, writes on Facebook. Through the purchase of 500 mobile post offices, Ukrposhta plans to extend internet postal banking and postal services to 25,000 settlements. This year, Ukrposhta will open 40 mini post offices in shopping centers and build its first new sorting center since 1980. The goal is to build eight automated sorting centers. “Starting this year, we no longer survive — we build a new, successful company,” says Smelyansky. He predicts that the government-regulated services in the company’s revenue stream will shift from 50% to 9%.