The Ukrainian Cabinet of Ministers approved the dismissal of Yevhen Kravtsov from the post of board chairman of the Ukrainian Railways joint-stock company (Ukrzaliznytsia) at its meeting on January 29, the CFTS portal reports, citing the Interfax Ukraine news agency.

"We approved the dismissal of the head of Ukrzaliznytsia today. This is an important step toward relaunching such this major state-owned company," Interfax Ukraine quoted Ukraine’s Prime Minister Oleksii Honcharuk as saying at a news briefing after the Cabinet of Ministers meeting.

Honcharuk did not specify whether Kravtsov was transferred to another position at the Ministry of Infrastructure, as some media outlets previously reported.

The prime minister said that a new competition would be announced for the post of head of Ukrzaliznytsia.

As reported, information that the supervisory board of Ukrzaliznytsia had approved the dismissal of Kravtsov as the head of the company emerged on January 28.

A source close to Ukrzaliznytsia’s supervisory board told Interfax Ukraine that the supervisory board considered two options: transfer Kravtsov to another position at in the Ministry of Infrastructure (according to Kravtsov) and initiate termination of his contract.

Minister of Infrastructure Vladyslav Kryklyi recently said that he did not yet know who would like to assume the post of head of Ukrzaliznytsia. "The candidates for this position are still unknown," he said.

As reported, Kravtsov became the acting head of Ukrzaliznytsia in August 2017 after the dismissal of Wojciech Balczun. He was appointed as the board chairman of the company on January 10, 2019.