The European Investment Bank (EIB) will provide 30 million euro loan to JSC Ukrposhta, Ukraine’s national postal operator, to continue the modernization and digitalization of the country’s postal services. The loan will allow Ukrposhta to start modernizing its logistics network with three new sorting hubs, 20 postal depots and IT infrastructure.
Ukrinform: EIB to provide 30 million euro loan to Ukrposhta
People send and receive deliveries at a bracnh of the Ukrposhta state postal service in Kyiv on March 15, 2018. The company has about 75,000 employees and wants to be able to streamline its workforce.