Low-carbon couriers in Ukraine

The first of the projects under the Green Logistics Programme was signed in Ukraine: a US$ 10 million loan to Ukraine’s TC Meest Express LLC, a leading provider of postal and logistics services for worldwide delivery to Ukraine, eastern Europe and the CIS region.

The EBRD financing will help Meest Express to implement its strategy of increasing its market share in Ukraine and achieve an expansion of its current network of 400 pick-up and drop-off points by 2020.

Meest Express’s future plans also include the expansion of its network of automated parcel lockers to improve their last-mile delivery, the development of a specialised IT platform and of domestic and international logistical hubs, as well as introducing a series of green investments and developing carbon offset products in line with best practice in the industry.

Sector: Transport

EBRD investment: US$ 10 million

Other benefits: Promoting low-carbon business practices