PricewaterhouseCoopers (PwC) has won a tender to conduct an audit of reports of Ukrposhta for 2015 and 2016 under international financial reporting standards (IFRS) at the price of UAH 5.79 million.

The price is 42.1% lower than the preliminary expected price.

"On November 7, 2016 the company decided to announce PwC (Audit) LLC the winner of the tender," Ukrposhta said in a press release on Tuesday.

The press service said that the audit would help the company to reach a new transparency level and raise international financing.