Growth, Banking and Privatisation at Ukrposhta
Igor Smelyanksy, CEO at Ukrposhta (Ukraine Post) is my special guest. We cover:
- The main drivers for domestic e-commerce growth in Ukraine
- Staggering growth in inbound parcels – and the investments Ukrposhta has made to cope with the increasing volumes
- How Ukrposhta is helping local businesses to sell online, including social media and webcasts
- Streamlining induction of international outbound parcels
- VAT on inbound international parcels
- Postal banking
- The process for Ukrposhta setting up a postal bank
- How helping unbanked citizens set up bank accounts will stimulate commerce
- Distribution of pensions
- Regulatory and compliance hurdles
- Competing with or complementing existing banks
- Postal privatisation
- Political changes that have already enabled modernisation at Ukrposhta
- Ukrposhta’s plan to find a strategic investor to take a minority shareholding
- Maintaining social obligations – including offering sustainable mobile postal services to areas with dwindling populations, without seeking a government subsidy
- What privatisation means for employees
- Environmental initiatives
- Out-of-home parcel delivery vs residential delivery
Listen to the podcast by clicking on the play button on the audio player above (may take a few seconds to load and start playing). You can also listen (and subscribe) to the podcast via Google Podcasts, iTunes, and Spotify.
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The Postal Hub Podcast is the weekly podcast for the global postal and delivery sectors. For more information, visit the Postal Hub Podcast website at thepostalhub.com.
