News

4 June 2015

Steel Smelting In Ukraine Reduces 28% In Five Months

Ukrainian metallurgical enterprises reduced production of steel by 28% to 9.247 million tons in January-May 2015, compared with the same period in 2014.

Infrastructure Ministry Developing Analog Of Administration Of Seaports For Ukrainian Aviation Industry

The Ministry of Infrastructure is planning to create an agency that will engage in construction, repair, and maintenance of runways at Ukrainian airports, which will be similar to the state-owned Administration of Seaports of Ukraine

2 June 2015

EBRD Board Of Governors Meets At Odessa Port

A meeting of the board of governors of the European Bank for Reconstruction and Development (EBRD) took place at the Odessa seaport on Tuesday, 2 June.

28 May 2015

Kolomoiskyi Seeking To Recover UAH 3 Billion From Out-Of-Operation AeroSvit

Businessman Ihor Kolomoiskyi is seeking to recover about UAH 3 billion in debt from the AeroSvit airline (Kiev), which is affiliated with him but is no longer in operation, through the courts.

Ukraine Places Eurobonds Worth USD 1 Billion At Close To Record-Low Yield Rate

Ukraine has placed five-year Eurobonds worth USD 1 billion guaranteed by the United States at a yield rate that is 32 basis points higher than the yield rate of similar United States government bonds.

Ukraine Becomes Leading Exporter To EU Among Eastern Partnership Countries

Ukraine has become the leading exporter to the European Union among countries of the Eastern Partnership. The European Union’s Delegation to Ukraine announced this in a statement.

26 May 2015

EIB To Provide Ukraine EUR 400 Million For Development Of Municipal Infrastructure

The total cost of the project is estimated at EUR 800 million, and the Ministry of Regional Development will act as a partner in designing the project.

Odessa Airport Switches To Cheaper Jet Fuel

"We received the first batch of the Bulgarian Jet A-1 jet fuel, which meets the most stringent applicable standard, in May. We plan to continue this practice," said the director of the airport.

Regulatory Service Refuses To Approve Increase Of Railway Tariffs In Ukraine

The Ministry of Infrastructure drafted the order on increase of railway tariffs because of the difficult financial situation of the State Railway Administration

22 May 2015

Infrastructure Ministry Approves Ukrzaliznytsia’s Financial Plan

Minister of Infrastructure Andrii Pyvovarskyi has signed the financial plan of the State Railway Administration (Ukrzaliznytsia) for 2015.

Following Fitch, S&P Downgrades Ukrzaliznytsia To Selective Default

Standard & Poor's Ratings Services, an international credit rating agency, has lowered its long-term corporate credit rating on the State Railway Administration (Ukrzaliznytsia) from 'CC' to 'SD' (selective default)

Jozsef Varadi: Closure of Wizz Air Ukraine allowed to avoid financial problems for parent company

The closure of Wizz Air Ukraine by its parent company Wizz Air Hungary has enabled Wizz Air Group to avoid the regulatory policy of the National Bank of Ukraine regarding the currency exchange

New Flight To Batumi Launched From Zhuliany Airport

Georgian International, Travel & Transport has announced the start of ticket sales for Kiev (Zhuliany)-Batumi-Kiev flights. The first direct flight of the current summer season will be operated on 31 May 2015

Yanair To Launch Kiev-Odessa Flights

The Yanair airline will launch Kiev-Odessa flights on May 29, using a Saab 340 airplane, the press service of the carrier announced.

21 May 2015

UIA Launches Large-Scale Program Of Flights From Lviv Airport

Ukraine International Airlines (UIA) has launched a large-scale program of direct flights from Lvov to other cities. The first flights are on the Lviv-Tel Aviv route, which began on Wednesday, 20 May

Ukrferry Lowers Tariffs For Transportation Of Passenger Cars Between Batumi And Ilyichevsk

The Ukrferry shipping company (Odessa), the national operator of ferry lines, has announced the lowering of its tariffs for transportation of passenger cars (including SUVs) with drivers on the Ilyichevsk-Poti/Batumi route from 1 June.

20 May 2015

Czech Airlines Launches Kiev-Kosice-Prague Flights

The Czech Airlines (Czech Republic) launched new regular flights on the Kiev-Kosice-Prague (Slovakia) route on May 19.

Ship With Record Cargo Departs From Yuzhny Seaport

The loading of the Fakarava ship (flag of Malta) at the Yuzhny seaport (Odessa region) finished on 15 May. The ship was loaded with more than 200,000 tons of iron ore

Deloitte Completes Valuation Of Ukrzaliznytsia’s Assets

The Deloitte audit firm has completed the valuation of the assets of the State Railway Administration (Ukrzaliznytsia)

19 May 2015

PwC To Audit Antonov’s Financial Statements For 2014

The PricewaterhouseCoopers (PwC) international audit company will audit the Kyiv-based Antonov state aircraft manufacturing enterprise’s financial statements for 2014

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