The national postal operator Ukrposhta has purchased 160 new vehicles to improve its logistics using credit funds from the European Bank for Reconstruction and Development (EBRD), which will reduce the average age of its fleet, currently 17-18 years, by five years, according to the company’s CEO Ihor Smelyansky.
“Thanks to our partners at the EBRD, Ukrposhta has updated its fleet with 160 new vehicles (modern MAN and Iveco) for efficient logistics and to compensate for vehicles lost under shelling,” he wrote on Telegram on Thursday.
It is noted that 100 MAN vehicles (5 tons) are intended for interregional transportation, restoring logistics links between transport hubs damaged by the war, while 60 Iveco vehicles (20 tons) are intended for large interregional transportation.
As Smelyansky clarified, the first 11 vehicles are already operating on routes, delivering humanitarian and commercial cargo, and the rest will be delivered by the end of this year.
“This is a continuation of the large-scale upgrade that started last year: at that time, Ukrposhta received 250 Citroën Jumpers,” Smelyansky emphasized.
The CEO also added that since the start of the full-scale invasion, the enemy has caused more than UAH 2.5 billion in damage to the company’s infrastructure.
In its latest report, Ukrposhta said that as of June 30, 2025, EUR 42.5 million had been received under a loan agreement with the EBRD, and EUR 14.81 million had been repaid.
According to the report, as of June 30, 2025, the company had breached the financial covenants under the loan agreement with the EBRD, but at the company’s request, the bank waived the requirement to comply with the covenants for 2025.
In the first half of 2025, Ukrposhta increased its revenue by 5.4% compared to the same period last year, to UAH 6 billion 505.0 million, reducing its net loss by 27.2% to UAH 311.8 million.
