KYIV. Dec 30 (Interfax-Ukraine) – Ukrainian state-run postal enterprise Ukrposhta seeks to boost capital investment by 2.4 times in 2017 from UAH 206 million in 2016 to UAH 500 million in 2017.
“We have managed to balance large growth of financial needs of the company in the approved financial plan thanks to search for resources to increase effectiveness and quick growth of the enterprise. The important part of the plan is a possibility of financing capital investment of UAH 500 million,” the press service of Ukrposhta said, citing Director General Ihor Smeliansky.
He said that growth of capital investment is to create a multiplying effect on the development of the company in coming years and help to return the market share to Ukrposhta and increase the quality of its services.
The fund will be spent on repair or re-equipment of departments and truck fleet.
