📋 Tender Overview
Location: Ukraine
Project number: 55226
Business sector: Transport
Notice type: Private
Environmental category: B
EBRD Finance Summary: EUR 70,000,000.00
Total Project Cost: EUR 94,100,000.00
Project Description
A senior corporate loan in the amount of up to EUR 70 million equivalent to Nova Poshta LLC (the "Company"), to be provided as a multi-currency facility available for disbursement in UAH and EUR. The Project will finance the components of the Company's investment program for 2024, including an expansion and upgrade of the parcel locker and branch network, purchase of new equipment, and implementation of safety measures, such as the installation of safety capsules and shelters at the Company's working premises to protect staff and customers from shelling, bombings and missile attacks.
Project Objectives
The Project will contribute to Nova Poshta's long-term development strategy in Ukraine supporting the growth in parcel volumes, optimisation of supply chains, improvement in the quality of service, and will support the Company's resilience during the war by improving the working and safety conditions.
Transition Impact
ETI score: 70
The Project will contribute to the following Transition Impact qualities:
Primary Quality - Resilient: The Project is expected to facilitate continuous provision of delivery services supporting SME value chains, which are essential to the Ukrainian economy.
Secondary Quality - Inclusive: The Project is expected to contribute to securing livelihood opportunities and enhancing the safety of Nova Poshta's large workforce in Ukraine through (i) the installation of designated shelters and safety capsules within the Company's working premises; and (ii) enhancing capacity towards veterans' reintegration and talent management in response to ongoing labour market challenges in Ukraine.
