News

17 March 2015

Ukraine And Kryukov Railcar Building Works To Test Tarpan Trains At Speed Of 200 Km/h

Ukraine And Kryukov Railcar Building Works To Test Tarpan Trains At Speed Of 200 Km/h

16 March 2015

Gibraltar Issue Related To Signing Of ‘Open Skies’ Agreement With EU Remains Unresolved

Spain’s Secretary of State for Foreign Affairs Ignacio Ibanez said that the Spanish side was open to dialogue and that it was interested in signing the agreement on a Common Aviation Area.

Finance Ministry Seeking To Restructure Ukrzaliznytsia Bonds

The state-owned banks and Ukrzaliznytsia will hold consultations with creditors on the terms of restructuring their debts as separate legal entities.

12 March 2015

Ukrzaliznytsia Lacks UAH 550 Million For Financing Repair Of Freight Cars This Year

In addition, according to Kava, UAH 4.1 billion is required for re-equipment of depots.

Court Invalidates Procedure For Issuing Permits For Air Routes

The court’s ruling is subject to appeal to the District Administrative Appeal Court of Kiev within 10 days.

Ukravtodor Wants Return To Financing Road Sector From State Budget’s Special Fund

Speaking about the need for a road fund, Pidhainyi said that revenues from target sources of funding should be accumulated into this road fund and that related amendments to the law will allow better control of budget revenues and their rational use.

IMF Executive Board Approves Loan Of USD 17.5 Billion For Ukraine

The change in the IMF-supported program from Stand-By Arrangement to Extended Arrangement under the EFF, which is consistent with the more protracted nature of Ukraine’s balance-of-payment needs, will provide more funding, more time, more flexibility.

10 March 2015

Builders Drill 1 Kilometer Of Beskydsky Tunnel

Construction work began on 29 October 2013, and the facility is expected to be delivered in the first quarter of 2017.

DTEK Sees No Possibility Of Importing Coal For Thermal Power Plants At Current Tariffs

The cost of imported coal from South Africa is UAH 2,762 per ton, UAH 2,291 UAH per ton from Russia (DAP), the cost of coal at Ukrainian state-owned enterprises is UAH 2,111 per ton, at DTEK it costs UAH 1,500 per ton.

Ukraine And China Discussing Future Of Air Express Project

The Chinese side has so far said nothing, but we are discussing the possibility of channeling these funds to other projects

5 March 2015

Vessel Detained In Kherson After Entering Occupied Crimea

The vessel was detained because of poor seaworthiness, but he added that the vessel earlier entered ports in the occupied Crimea.

Kiev Decides Return City Commuter Rail To Infrastructure Ministry, Kievpastrans, municipal transport, Serhii Maizel,

The head of the Kievpastrans municipal transport enterprise, Serhii Maizel, told the city council’s session that this would allow the enterprise to save UAH 40 million per year.

Cabinet Suspends Yugozapadnaya Railway’s Head Kryvopyshyn

Kryvopyshyn has headed the largest railway in Ukraine since 2002. The administrative center of the Yugozapadnaya Railway is located in Kiev.

4 March 2015

Valuation Of Ukrzaliznytsia’s Assets And Rights To Be Performed In Five Stages

The appraiser, the Deloitte & Touche company, has developed a draft valuation methodology, which has been approved by Ukrzaliznytsia and sent to the State Property Fund for approval

Poland Preparing For Tender For Construction Of Roads Worth EUR 11 Billion

Several experts are predicting that such investments will be a strong incentive for development of the Polish construction industry in the coming years.

Author Of Lawsuit Against Competition For Selecting Heads Of Airports And Ukrzaliznytsia Explains His Motives

Zvonarev said that the experts that selected candidates for the abovementioned positions drafted strange and unclear requirements for candidates and non-transparent evaluation criteria.

3 March 2015

Odessa Port And TIS Lead In Grain Shipments

In particular, the volume of wheat shipments totaled 125,300 tons and maize shipments totaled 333,900 tons.

Antonov Finds First Customer For An-178

In addition, the companies agreed to join forces in promoting Antonov airplanes on the UAE market, in the Middle East, and in North Africa.

Court Bans Infrastructure Ministry From Searching For New Heads For Ukrzaliznytsia And Boryspil

The case was launched in connection with a lawsuit filed by one of the participants in the candidate selection process, who failed to qualify for the next stage.

2 March 2015

Ukrzaliznytsia Preparing Another Significant Increase In Freight Rates This Year

Such a decision is being prepared because of the continuing devaluation of the national currency.

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