Tag: Ukraine

China Welcomes Establishment Of Silk Road Through Ukraine, Bypassing Russia

China has welcomed Ukraine’s launch of a new train on the Silk Road trade route through Georgia, Azerbaijan, Kazakhstan, and China, bypassing Russia. The Chinese Foreign Ministry’s official representative Hua Chunying announced this.

US To Help Ukraine Find Professional Directors For Major State Companies

The United States has offered to assist Ukraine in finding professional directors, including directors for key state companies. The relevant issue was discussed at the World Economic Forum in Davos.

Number Of Flights Handled By UkSATSE Reduces By One-Third In 2015

The Ukrainian State Air Traffic Services Enterprise (UkSATSE) provided air navigation services for 234,861 flights in 2015, which is 32.4% less than the number in 2014.

Kryukov Railcar Works Reduces Production Of Freight Cars By 83% In 2015

The Kryukov Railcar Building Works (Kremenchuk, Poltava region) reduced production of freight cars by 83% to 410 in 2015.

Surcharge And Taxes Account For 60% Of Prices Of Petroleum Products In Ukraine

Surcharge on owners of gasoline filling stations and taxes account for about 60% of the cost of gasoline and diesel fuel in Ukraine. This is stated in a report by the Ministry of Energy and Coal Industry.

UkSATSE’s Net Profit Halves In First Half Of 2015

The Ukrainian State Air Traffic Services Enterprise (UkSATSE) made a net profit of UAH 171 million in the period of January-June 2015, which is UAH 185 million less than its net profit of UAH 356 million in the first half of 2014.

Parliament Adopts 2016 State Budget With IMF-Approved Deficit Of 3.7% Of GDP

The parliament adopted the Law on State Budget for 2016 by 263 votes on Friday night with projected revenues of UAH 595.1 billion, which exceeds the projected revenues of the 2015 state budget by 15.1% or UAH 88.1 billion.

Russia Embargoes Ukrainian Agricultural Produce, Raw Materials, And Food

According to the Russian government, "the adopted decision is aimed at extending the special retaliatory economic measures in relation to Ukraine."

Ukraine-Based Altcom Wins Tender For Reconstruction Of Highway In Iraq

According to Altcom’s Board Chairman Oleksandr Tislenko, this contract constitutes nearly 20% of Ukraine’s total exports to Iraq this year.

Ukrainian Law On Rail Transport Has No Details For Business - Interview With Rail World Ukraine

Artem Dashkovsky, deputy director of Rail World Ukraine, tells the CFTS on locomotives renewal, private rail business perspectives and Western attitude towards Ukrainian Railways reforming process.

Skadovsk Port To Receive Ferry From Zonguldak Weekly Until End Of Year

The owner of the Turkish ferry that operates between Zonguldak and Skadovsk has approved a timetable according to which the ferry will travel to Ukraine once a week until the end of 2015.

Ukraine And Turkey To Accelerate Talks On Free Trade Area

Ukraine and Turkey will accelerate talks on introduction of a free trade area between the two countries. The talks took place at an international forum in Kenya.

Ukraine's Transport Enterprises Reduce Cargo Transportation By 11.7% In January-November

Transport enterprises in Ukraine, excluding enterprises in the Crimea and part of the conflict zone on eastern Ukraine, reduced cargo transportation by 11.7% to 546.8 million tons in the period of January-November 2015

Poland To Provide EUR 100 Million For Crossings On Border With Ukraine

President Petro Poroshenko has said that Poland will give Ukraine EUR 100 million for establishment of crossings on the Ukrainian-Polish border.

Kryukov Railcar Building Works Expects Production Of Freight Cars To Fall By 84% In 2015

The Kryukov Railcar Building Works expects production of freight cars to reduce by 84% to 349 in 2015, compared with 2014. The economic department of the Kremenchuk city executive committee announced this

Ukraine's Seaports Increase Grain Transshipment By 13.8% In January-November

Terminals at Ukrainian seaports increased transshipment of grain by 13.8% to 32.92 million tons in the period of January-November this year, compared with the same period last year.

Ukraine's Infrastructure Minister And His Deputies Decide To Resign

Infrastructure Minister Andrii Pyvovarskyi has decided to resign. Pyvovarskyi announced this at his end-of-year news briefing. Some members of Pyvovarskyi’s team are leaving the ministry with him.

Cabinet Approves Harmonization Of Ukrainian Motor Transport Sector With EU Legislation

He added that "the signature of the prime minister and 226 votes in the parliament" remained.

Ukrainian Programmers Develop Navigation Application That Takes Account Of Road Quality

The application currently has more than 39,000 registered users.

PolskiBus Outlines Conditions For Entering Ukraine

PolskiBus is interested in expanding its route network to Ukraine, but it depends on three factors.

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