KYIV. Dec 7 (Interfax-Ukraine) – Ukrainian state-run postal enterprise (Ukrposhta) seeks to invest around $500 million in its development in the period until 2021.
Ukrposhta Director General Ihor Smeliansky said at a meeting with representatives of foreign donors of Ukraine in Kyiv on Tuesday that the sum is included in the five-year strategy for developing Ukrposhta. The strategy will be sent for approval to the Infrastructure Ministry and Ukraine’s Cabinet of Ministers.
“It depends on the government’s decision what part of the sum will be own funds of the enterprise. Today 75% of our profit is taken by the state,” he said.
He said that the key directions for investment will be modernization of vehicles, IT and sorting centers.
He also said that the enterprise anticipates that this year it would see net profit.
Smeliansky said that along with drawing up the strategy, Ukrposhta has started active fight against corruption and established cooperation with one of the most important creditors of Ukraine – the European Bank for Reconstruction and Development (EBRD).
