News

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

13 July 2015

State Aviation Service Chairman Signs All Air Route Allocations

The chairman of the State Aviation Service, Denys Antoniuk, has signed the decisions on allocation of air routes to airlines that the commission on allocation of air routes adopted at a meeting on 26 June.

TIS Expects 3-4% Increase In Cargo Traffic This Year

The TIS Group of Marine Terminals (Yuzhny, Odessa region) expects its cargo traffic to increase by 3-4% this year.

Ukraine And US To Sign Agreement On Liberalization Of Air Transport On July 14

Ukraine and the United States plan to sign an agreement on liberalization of air transport between the two countries on Tuesday, 14 July. Minister of Infrastructure Andrii Pyvovarskyi announced this.

10 July 2015

The head of the State Property Fund favors operation of ports as concessions.

Personally, I am inclined not toward sale of ports but toward granting concessions based on the standards existing all over the world.

Agriculture Ministry To Convince IMF That VAT Exemption For Farmers Should Be Preserved

the Ukrainian government’s memorandum with the IMF is contrary to the coalition agreement, which provides for preservation of VAT breaks for farmers

SPF Offers Several Spaces For Rent At Boryspil Airport

Lease applications for these spaces will be accepted within ten business days after the publication of the announcement.

9 July 2015

New Procedure For Movement Of Goods Through Ports Should Be Introduced Within 45 Days - Yatseniuk

"I think that we will go to ports in 45 days to see how goods are being processed," the prime minister said.

Americans Study Investment Of Opportunities At TIS

"TIS is interested in cooperating with the relevant business associations with the aim of improving the investment climate in the country," said Andrii Stavnytser

New Head Of Ukrzaliznytsia Appointed

Infrastructure Minister Andrii Pyvovarskyi presented Zavhorodnyi at Ukrzaliznytsia’s main administrative office in Kiev.

8 July 2015

Head Of State Aviation Service Demands UAH 1 Million From Saakashvili

The State Aviation Service’s head Denys Antoniuk has complained to General Prosecutor Viktor Shokin about the actions of the Odessa region’s Governor Mikhail Saakashvili.

UIA Has Lower Hourly Flight Rates Than Ryanair And easyJet

The chairman of the supervisory board of Ukraine International Airlines (UIA), Aron Mayberg, has said that UIA has essentially become a low-cost airline. He was speaking at a press conference in Kiev.

Ukraine And Bulgaria Agree To Build Crossing Over River Danube

Ukraine’s Foreign Minister Pavlo Klimkin and Bulgaria’s Foreign Minister Daniel Mitov have reached agreement on construction of a joint crossing over River Danube.

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