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Capital investment in postal and courier services increased by 61.1%.
Ukrainian businesses most often invest in modernization of production and purchase of new facilities.
IT sector is at the lead in terms of investment growth. Over the first six months of 2018, investment in the IT sector grew by 64.9% year-over-year. Noteworthy, capital investment in postal and courier services increased by 61.1%, as reported by the Ukrainian online news outlet Obozrevatel.
PJSC Ukrposhta, Ukraine's state-owned postal services provider, has boosted its investment for 2018 by a third. However, its investment program is estimated at a mere UAH 404 million (US$14.3 million), which is 90% below the figures invested by steelmaking giants. Most of Ukrposhta's funds are to be allocated for the construction and purchase of "fixed assets."
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Ukraine's Roshen Confectionery Corporation has not revealed information on its capital investment. However, it is reported that in addition to social projects (investment in a zoo and Roshen Plaza), the corporation will also allocate UAH 1.5 billion ($53 million) for building a new biscuit factory in the town of Boryspil.
Ukraine's Metinvest Group will spend over UAH 28 billion ($990 million) mainly on the modernization of its enterprises. For example, to reduce emissions at PJSC Ilyich Iron and Steel Works, a sinter plant reconstruction worth $220 million, and repairs worth $185 million are foreseen. Moreover, a technology worth $220 million that will allow lifting ore from the quarry via a conveyor without additional equipment is expected to be introduced at Ingulets Iron Ore Enrichment Works and Northern Iron Ore dressing Works.