News

5 June 2015

Ilyichevsk Port Offers Businesses 12 Plots For Development Of Transshipment Facilities

The acting head of the state-owned Ilyichevsk seaport, Yurii Kruk, has proposed 12 projects for development of transshipment facilities on the territory of the port to potential investors.

Kryukov Railcar Building Works May Begin Supplying Trains To Lithuania

The Kryukov Railcar Building Works (Kremenchug, Poltava region) may begin supplying trains to Lithuania. Ukrainian and Lithuanian experts discussed this on 2 June at a meeting

Establishment Of Ukrainian-Polish Consortium For Aircraft Production Discussed In Poland

The issue of establishment of a bilateral consortium for production of aircraft was considered during a Polish-Ukrainian forum entitled "Westernization Antonov Aircraft".

4 June 2015

Infrastructure Minister: Competitive Environment Will Be Created On Ukrainian Railways

The reform of the Ukrainian railway industry involves creation of a competitive environment on the market, Minister of Infrastructure Andrii Pyvovarskyi announced

Western Banks To Spend USD 900 Million On Ukrainian Roads In Two Years

The volume of credits for implementation of joint projects with international financial institutions will amount to USD 909.9 million in the period of 2015-2016, according to materials from the State Automobile Road Service (Ukravtodor)

Pyvovarskyi: I Hope Restructuring Of Ukrzaliznytsia’s Debts To Domestic Banks Will Be Completed In Summer

Infrastructure Minister Andrii Pyvovarskyi expects the negotiations on restructuring the domestic debts of the State Railway Administration (Ukrzaliznytsia) to be completed this summer

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.

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