Ukrposhta to sign an agreement next month for a €100 million loan to build the first new sorting centers in 40 years

Ukrposhta to sign an agreement next month for a €100 million loan to build the first new sorting centers in 40 years and to update 30 existing depots, Igor Smelyansky, CEO of the state postal service, said on the air of KSE Business Transformation Week. Funded by the EBRD and the European Investment Bank, the money would help Ukrposhta compete with Nova Poshta, the private package delivery company which is investing heavily in new sorting centers.