News

22 July 2015

Head Of UIA’s Supervisory Board Confirms Kolomoiskyi Owns UIA

We did not disclose this information for only one reason: to initiate adoption of this rule by the authorities.

21 July 2015

Deputy Prime Minister Announces Creation Of New Agency To Replace Ecological Inspectorate

Environmental monitoring of the most important companies will be performed by the existing service while a new organization will be established simultaneously.

Metinvest Begins Rebuilding Destroyed Bridge In Mariupol

This bridge facilitates passenger and freight traffic and links the Illich integrated iron and steel works and the Azovstal integrated iron and steel works with the Mariupol seaport.

UIA Calls On European Commission To Accelerate Signing Of Common Aviation Area Agreement With Ukraine

UIA is extremely concerned that the agreement on Common Aviation Area between Ukraine and the European Union has still not been signed.

20 July 2015

ArcelorMittal To Invest USD 1.2 Billion In Ukraine In Coming Years

He also said that Poroshenko attended the opening of a new blast furnace at the ArcelorMittal Kryvyi Rih steel plant.

Familiarization Tour Of Ukrainian Ports To Be Arranged For ADM

He added that the Ministry of Infrastructure organized similar roadshows for the companies Soufflet, Nobles, and others a couple of months ago.

Yatseniuk: Americans Will Build LNG Terminal At Ukrainian Port

The Naftogaz of Ukraine state energy company has signed a memorandum with Frontera.

Ukraine And Kazakhstan To Agree Tariffs For Viking And Zubr Trains

The Ukrainian side also proposed increasing the authorized number of flights between the two countries.

17 July 2015

Ukrzaliznytsia Increases Grain Transportation By 17% In January-June

Railways loaded about 213,000 grain cars, in which they transported 13.5 million tons of grain and its byproducts (cake, meal), in the period of January-June 2015, an increase of 17% or 2 million tons compared with the corresponding period of 2014.

Ukrainian Airports Continue To Lose Passenger Traffic

The volume of passenger traffic through Ukrainian airports (excluding airports in Donetsk, Lugansk, and Simferopol) reduced by 3.8% to 4.708 million in the period of January-June 2015, compared to the corresponding period of 2014.

New Oil Extraction Plant Launched At Yuzhny Port

Allseeds Black Sea, a new oil extraction plant, has been launched at the Yuzhny port. The plant is capable of processing 2,400 tons of sunflower seeds per day, or 1,500 tons of soybeans.

Ukrainian Transport Companies Reduce Cargo Transportation By 21% In Six Months

Transport companies in Ukraine (excluding those in the Crimea, Sevastopol, and parts of the Donbass) reduced transportation of goods by 21% to 280 million tons in the period of January-June 2015, compared with the period of January-June 2014.

16 July 2015

Cargill Discloses Plans For Yuzhny Port

Cargill, one of the world's largest private investors in food production, is ready to increase investment in infrastructure at the Yuzhny port, Minister of Economic Development and Trade Aivaras Abromavicius announced at a Ukraine-USA investment conference.

Atlasjet Ukraine Announces Date Of Commencement Of Regular Flights

The Atlasjet Ukraine airline will begin performing regular flights on 31 August 2015, and the airline will launch new routes in several stages until the end of the year.

Ukraine Signs Open Skies Agreement With United States

Ukraine has signed an Open Skies agreement with the United States. Ukraine’s Infrastructure Minister Andrii Pyvovarskyi and United States’ Under Secretary for Economic Growth, Energy, and the Environment Catherine Novelli signed the agreement.

15 July 2015

Ukrzaliznytsia Head Considers Increase Of Freight Tariffs Necessary

The acting general director of Ukrzaliznytsia Oleksandr Zavhorodnyi considers it necessary to increase freight transport tariffs.

Ukrzaliznytsia To Replace Trains With Buses On Unprofitable Routes

Ukrzaliznytsia intends to replace trains with passenger buses on the most unprofitable routes, Ukrzaliznytsia’s acting head Oleksandr Zavhorodnyi has announced

Ukrzaliznytsia Agrees To Restructure More Than 80% Of Its Domestic Debt

Ukrzaliznytsia has reached agreement in principle with the railway industry’s main creditors on restructuring about UAH 17 billion of domestic debt, which constitutes about 82% of the total domestic debt

14 July 2015

UIA Discloses How It Determines Its Air Fares

Aron Mayberg, the head of the supervisory board of Ukraine International Airlines (UIA), disclosed how the airline determines its fares during a press conference in Kiev.

Every Third Liter Of Gasoline In Ukraine Is Counterfeit

The share of counterfeit gasoline on the Ukrainian market will be at least 30 percent this year. Yurii Kuchabskyi, the vice president for commercial affairs for the OKKO chain of gasoline filling stations announced this in an interview with the Biznes publication

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