News

29 December 2015

Period Of Customs Clearance At Ukrainian Ports To Be Reduced Further

The Ministry of Infrastructure and the State Fiscal Service have signed a memorandum of cooperation on information technology, which improves the process of handling cargoes.

UkSATSE’s Net Profit Halves In First Half Of 2015

The Ukrainian State Air Traffic Services Enterprise (UkSATSE) made a net profit of UAH 171 million in the period of January-June 2015, which is UAH 185 million less than its net profit of UAH 356 million in the first half of 2014.

Cabinet Guarantees Antonov’s Loan Of UAH 1 Billion For Production Of ‘Luxury’ An-148 Aircraft

Cabinet of Ministers has provided state guarantee for loans of up to UAH 1.148 billion that the Antonov state enterprise plans to use to finance production of An-148-EA aircraft – a modification of the An-148 aircraft with VIP cabins.

28 December 2015

Ukraine Failed To Achieve Privatization Target In 2015 – SPF Head

Ukraine essentially failed to achieve its privatization target this year despite the fact that 2015 was declared the year of the large-scale privatization, the State Property Fund’s Ihor Bilous wrote in a column.

IMO Assesses Performance Of Ukraine’s Functions As Flag And Port State

An advisory mission from the International Maritime Organization (IMO) was in Ukraine from December 14 to 18 to assess the performance of the functions of a flag state, port state, and coastal state by Ukraine.

Parliament Adopts 2016 State Budget With IMF-Approved Deficit Of 3.7% Of GDP

The parliament adopted the Law on State Budget for 2016 by 263 votes on Friday night with projected revenues of UAH 595.1 billion, which exceeds the projected revenues of the 2015 state budget by 15.1% or UAH 88.1 billion.

25 December 2015

Antonov Signs Contract For Production Of Almost 60 Aircraft

As reported, Romanov said in early September that Antonov had signed a contract for production of 43 aircraft.

Infrastructure Ministry Publishes Information About Future Procurements Worth UAH 5 Billion By State Enterprises

This is the first result of the new electronic document management system that the ministry introduced in early December.

24 December 2015

Plans For Concrete Roads In Ukraine Subject To Further Analysis - Khmil

However, the problem is that asphalt-concrete [roads] cannot be repaired with concrete.

EBRD To Finance Rehabilitation Of Sewerage Infrastructure And Construction Of New Access Ramp In Lviv

A fresh loan of EUR 6 million will be used for rehabilitation of a sewerage infrastructure and construction of a new access ramp.

Growth Of UIA’s Passenger Transport Volume To Slow In 2016

Management accounting based on international standards predicts that the company will make a profit at the end of the year.

23 December 2015

Ukrzaliznytsia To Receive Special Equipment For Tripling Speed Of Electrification Of Tracks

Part of a German loan of EUR 50 million will be used to purchase the equipment.

Boryspil Airport To Open Bus Complex At Beginning Of 2016

It also plans to prepare a project for reconstruction of the Apron D.

Russia Embargoes Ukrainian Agricultural Produce, Raw Materials, And Food

According to the Russian government, "the adopted decision is aimed at extending the special retaliatory economic measures in relation to Ukraine."

22 December 2015

Bombardier: Ukrainian Market Is Very Important For Us

Canadian engineering company Bombardier considers Ukraine as an important market for development of its business. It was announced to the CFTS by the press office of Bombardier Transportation, a rolling stock manufacturing unit.

Ukrzaliznytsia States Conditions For Construction Of Railway To Bukovel

Zavhorodnyi replied that he saw no economic benefit in this.

Cabinet Halves Rates Of Port Charges For Vessels Carrying Transit Goods

Approve the Ministry of Infrastructure’s reduction of the rate of port charges by 50% for vessels carrying goods on transit, excluding administrative charges

Ukraine-Based Altcom Wins Tender For Reconstruction Of Highway In Iraq

According to Altcom’s Board Chairman Oleksandr Tislenko, this contract constitutes nearly 20% of Ukraine’s total exports to Iraq this year.

Development Of Rolling Stock In CEE Countries To Be Discussed In Warsaw

The international forum "European Rolling Stock Forum 2016" will take place in Warsaw from 16 to 17 March 2016. The event is dedicated to the prospects of rolling stock in Central Eastern European countries.

21 December 2015

Ukrainian Sea Ports Authority denies Vessel Blockade In The Kerch Strait

The Ukrainian Sea Ports Authority (USPA) has denied information about Russian blockade of vessels in the Kerch Strait. Berdyansk and Mariupol seaports accept vessels according to the schedule.

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