News

31 March 2016

Ukraine's Government Appointed New Chairman of Ukrzaliznytsia

Evhen Kravtsov was appointed the new acting board chairman of PJSC Ukrzaliznytsia. Oleksandr Zavhorodnyi was removed from the board.

Cabinet Proposing Spending UAH 300 Million On Modernization Of Kyiv Subway Cars

The Cabinet of Ministers is proposing spending 30% of the remainder of targeted environmental (green) investment funds on modernization of Kyiv subway cars.

30 March 2016

Belavia Increases Number Of Flights To Kyiv And Odesa

A fifth daily flight on the Minsk-Kyiv-Minsk route and three new flights per week from the capital of Belarus to Odesa will allow more comfortable travel from these Ukrainian cities to 47 destinations.

Belarus Is Interested In Launching Baltic-Black Sea Waterway

Belarus is interested in restoration of the E-40 waterway, which connects the Baltic Sea and the Black Sea. With the help of this waterway, Belarus plans to attract transit cargo by river.

Ivano-Frankivsk Begins Laying Plastic Road Markings

Application of road markings made of cold plastic began in Ivano-Frankivsk. The new technology is used to mark pedestrian crossings on major streets.

AZAL Begins Selling Cheap Tickets For Kyiv-Baku Flights

The AZAL airline (Azerbaijan) began selling cheap tickets for flights between Kyiv and Baku on 28 March. The flights will be performed by the airline’s AZALJET budget brand.

29 March 2016

Italy Removes Restrictions On Flights To Ukraine

Illichivsk Port Sets Record For Loading Iron-Ore Concentrate Onto Bulk Carriers

Three Capesize-class vessels docked at the Illichivsk Commercial Seaport in March to be loaded with iron-ore concentrate belonging to the Metinvest Holding.

Ukrainian Port Authority Granted Indefinite Dredging Permit For Mariupol Seaport

On 24 March, the Environment Ministry granted the Mariupol seaport an indefinite permit to dredge the waters and approach channel of the Mariupol seaport throughout the period of the port’s operation.

Antonov To Present An-132 Aircraft At India’s Largest Arms Exhibition

Defexpo India, an international exhibition of arms and military equipment, has opened in India. Ukraine’s Antonov aircraft manufacturing concern will present its products at the exhibition, focusing mainly on the An-132 aircraft.

Yanair To Resume Regular Flights On Odesa-Batumi Route

The Yanair airline (Zhytomyr) will resume regular flights on the Odesa-Batumi route on 5 June.

Ukrainian Ocean Fishing Fleet To Be Put Up For Sale

The State Fishery Agency is considering privatization of Ukraine’s ocean fishing vessels. The agency’s head Yarema Kovaliv announced this in a statement.

28 March 2016

Kherson Airport To Receive UAH 49 Million For Development

The Regional Development Fund will allocate UAH 49 million for financing continuation of the reconstruction work at the Kherson airport in 2016.

Ukrrichflot’s Net Profit Increases Almost 7-Fold In 2015

The Ukrrichflot shipping company (Kyiv) made a net profit of UAH 60.599 million in 2015, which is 6.8 times more than its net profit in 2014, according to preliminary data.

Charging Stations For Electric Cars Appear At Kharkiv Airport

Two charging stations for electric vehicles have appeared at the Kharkiv international airport.

Yanair To Suspend Flights To Batumi And Launch Kyiv-Riga Flights

The Yanair airline will suspend flights from Kyiv to Batumi in April and launch flights from Kyiv to Riga on 20 May.

25 March 2016

ArcelorMittal Kryvyi Rih Reports Profit For 2015

The The ArcelorMittal Kryvyi Rih mining and steel company (Dnipropetrovsk region) made a net profit of UAH 1.38 billion in 2015, compared with a net loss of UAH 1.18 billion in 2014.

Largest Exporters Of Iron Ore In CIS Named

The Ferrexpo Group is the largest producer and exporter of iron-ore pellets in the CIS. The company produced 11.67 million tons of iron-ore pellets in 2015.

24 March 2016

Fitch Affirms PJSC Ukrzaliznytsia’s Rating

Fitch assigned PJSC Ukrzaliznytsia a Long-term foreign currency IDR of 'C' and a Long-term local currency IDR of 'RD'.

Ukrainian Port Authority And MV Cargo Sign Agreement On Construction Of Cargill Grain Terminal In Yuzhny Port And Dredging

The Ukrainian Port Authority and the MV Cargo company have signed an agreement on construction of a Cargill grain terminal in the Yuzhny port and dredging of the port’s waters and an approach channel.

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