News

2 March 2015

Donetsk Governor Initiating Termination Of Contract With Head Of Donetsk Railway

The territorial division of the SBU was asked to investigate the activities of the Donetsk Railway’s management to determine possible involvement in aiding illegal armed groups.

IMF Promises Ukraine Significant Initial Disbursement After Loan Approval

The IMF confirmed that its executive board’s meeting on Ukraine is tentatively scheduled for 11 March if the Ukrainian parliament approves the package of draft laws agreed with the fund by that date.

American Investment Fund Becomes Container Terminal Ilyichevsk’s New Shareholder

The American investor believes that implementation of the Association Agreement between Ukraine and the European Union will inevitably increase Ukraine’s involvement in world trade.

Deloitte Explains Process For Selecting Candidates For Head Of Ukrzaliznytsia

Managers that have already shown real examples of improvement of business processes and changes in the operating strategy of a company were initially sought.

27 February 2015

Wizz Air Sets Offer Price Ahead Of London IPO

The share capital of Wizz Air will be 126.611 million shares

Ukraine Introduces 5-10% Annual Surcharge On Imports

The import surcharge is being introduced for 12 months because of the sharp deterioration of the country’s balance of payments.

Nibulon To Buy Petroleum Products Directly From Abroad

For us, as an agricultural enterprise, the cost of fuel is very sensitive. Therefore, we are forced to switch to direct contracts for import of fuel and lubricants from abroad.

25 February 2015

Nomination Committee Unable To Select New Head Of Ukrzaliznytsia

Considconsidering the fact that this is the first experience of such selection and understanding the importance of appointment of the head of Ukrzaliznytsia, the nomination committee decided to consider the entire longlist of 11 candidates.

DTEK Begins Importing Coal From Poland

About 15,000 tons of Polish coal was delivered to the Burshtyn thermal power plant in mid-February

Ukrzaliznytsia Not Planning To Buy Passenger Railcars In 2015

The Finance Ministry was asked to provide UAH 3.8 billion for upgrading rolling stock of passenger railcars, but the money was no allocated in the budget

24 February 2015

Why Control Of Debaltsevo Was So Important

The whole railway junction has turned into a lunar surface, everything there has been destroyed

Three Finalists Announced For Post Of Ukrzaliznytsia Director

The ministry also published the career profiles of the candidates and their vision of reform of the Ukrainian railway sector.

Ukraine Closes 23 Crossings On Border With Russia

Thus, 39 border crossings (control points) are currently operating on the border with Russia

23 February 2015

Prosecutor's Office Suspects Former Prime Minister Azarov Of Illegally Terminating Investigation Of Antonov

Because of these illegal actions by the suspect, as well as failure to take measures to reserve the corporate rights to dividends for the state, the state incurred losses in excess of UAH 37 million

Ukrainian Ports May Be Removed From List Of Strategic Assets

The idea was to remove ports from the list of strategic facilities so that they can become subjects of public-private partnership or other forms of partnership

Infrastructure Ministry Secures Abolition Of Control Of Segregated Ballast

Minister of Infrastructure Andrii Pyvovarskyi recently blocked an attempt by ecologists to create a similar corruption scheme.

20 February 2015

UIA To Refund Passengers That Fail To Obtain Visas

The rule for refunding the full cost of a ticket in case of denial of visa applies on a permanent basis, regardless of the place of registration and payment method

Deputy Infrastructure Minister: Private Locomotives Can Be Discussed 5 Years

Ukrzaliznytsia would not be able to invest in rolling stock in the next 1-2 years because of the current situation and its financial capabilities

UIA Doubts Kiev-Toronto Flights Will Be Launched This Year

Canadian airlines are in no hurry to enter into such active commercial agreements with UIA

Pyvovarskyi Hoping Corporatization Of Ukrzaliznytsia Will Be Completed By Yearend

Immovable property should be in the hands of the state, but rolling stock can be private.

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