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UKRPOSHTA MODERNISATION AND DIGITALISATION

Signature(s)

Amount
€ 30,000,000
Countries
Sector(s)
Ukraine : € 30,000,000
Services : € 30,000,000
Signature date(s)
6/10/2020 : € 30,000,000

Summary sheet

Release date
27 February 2020
Status
Reference
Signed | 06/10/2020
20170553
Project name
Promoter - financial intermediary
UKRPOSHTA MODERNISATION AND DIGITALISATION
JSC UKRPOSHTA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 30 million
EUR 62 million
Location
Sector(s)
Description
Objectives

The project supports Ukrposhta's investment in logistics network modernisation and related infrastructure.

The investment loan would support investment in Ukrposhta's logistics network modernisation, including investment in new sorting hubs and depots, as well as an investment in related IT infrastructure. The investments will help to ensure the quality of universal postal service for businesses and consumers at affordable prices. Moreover, the investment will enhance postal and logistics systems of Ukrposhta to meet the demands of domestic and international supply chains.

Environmental aspects
Procurement

Activities related to the modernisation of logistics networks could, if they would be located within the EU, fall under Annex II of the Environmental Impact Assessment (EIA) directive 2014/52/EU amending 2011/92/EU as "Industrial estate development projects". For the investment and activities included in the project which are planned to be carried out in existing facilities that are already used for the same purposes and that are not expected to change their scope due to the project, no EIA would in principle be required.

The Promoter has to ensure that any procurement procedures are done in accordance with the Bank's Guide to Procurement and the relevant applicable EU public procurement rules.

Under ELM Guarantee
Comments

This operation is covered by the ELM Guarantee.

This operation is covered by the EU Guarantee for EIB loans outside the EU.

Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Environmental and Social Data Sheet (ESDS) - UKRPOSHTA MODERNISATION AND DIGITALISATION
Publication Date
30 Jun 2020
Document language
Main Topic
Lending
Document Number
126169601
Document Focus
Environmental Information
Project Number
20170553
Sector(s)
Countries
Publicly available
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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