The Ukrrichflot shipping company (Kiev) may earn a revenue of USD 70 million in 2014, according to a presentation by the company, the text of which the Interfax Ukraine news agency obtained.
The company’s EBITDA may reach USD 9.3 million.
The shipping company reduced its net loss threefold to UAH 18.717 million in 2013, compared with 2012. Its assets were valued at UAH 637.443 million at the end of last year - 24.5% less than the value in the corresponding period of 2012.
Ukrrichflot is the largest river carrier in Ukraine. It includes the Dnepropetrovsk, Zaporozhe, Nikolayev, Kherson, and Chernigov river ports.
The company's fleet consists mainly of bulk carriers, which are used for sea and river transport. The company operates in the Mediterranean, Black, Azov, Baltic, and North Sea basins, as well as in the Danube, Southern Bug, and Dnieper rivers.
Ukrrichflot became part of Kostiantyn Hryhoryshyn’s Energy Standard group of companies in August 2007.