News

5 March 2015

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.

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.

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