Tag: Ukrzaliznytsia
The proportion of bondholders that accepted Ukrzaliznytsia’s restructuring offer was not specified in the statement.
Ukrzaliznytsia will make a net loss of UAH 6 billion and its capital investments will amount to only UAH 3.7 billion in 2016 if rail freight tariffs are not raised.
The 32-wagon train is loaded with food and metal products.
The Lemtrans freight forwarding company increased cargo transportation by 7.4 million tons or 13.1% to 63.7 million tons in 2015, compared with the 2014.
The Ukrzaliznytsia public railway company intends to raise freight rates to 15% on 1 March if it receives approval from all the relevant agencies. Minister of Infrastructure Andrii Pyvovarskyi announced this.
The management of Ukrzaliznytsia also expects optimization of the company’s operations to increase its profit by UAH 5.2 billion
The date of emergence of the first ferry is 1 March and the date for the next ferry is the end of March.
As of today, the cost of transportation by rail already accounts for almost 10% of the prime cost of cast iron
Oleksandr Zavhorodnyi also said that Ukrzaliznytsia is currently working to persuade other European shippers to use the Ukraine-China train
The first trip of the new container train on the Silk Road route took 15.5 days instead of the announced 11-12 days.
Ukraine will lose 1 million tons of cargo if it fails to find a route to Central Asia that bypasses Russia. To increase the attractiveness of the Ukraine-Central Asia-China bypass route, ways of reducing its cost and accelerate it are being considered.
Ukrzaliznytsia has significantly lowered the tariff for transportation of containers on transit from the port of Illichivsk to the western border of Ukraine.
A container train has departed on a trial run on the Trans-Caspian corridor (Ukraine-China), through Georgia, Azerbaijan, and Kazakhstan. We visit the Illichivsk port to find whether this is just a public-relations move or a real business project.
Ukrzaliznytsia has completed the first phase of construction of the Beskyd railway tunnel. According to the press service of the Ministry of Infrastructure, the hardest part of the job has been done - the upper part of the tunnel has been drilled.
PJSC Ukrzaliznytsia will convene a meeting of bondholders on 17 February for talks on restructuring the Eurobonds it issued for USD 500 million at the yield rate of 9.5%, which will mature in 2018.
The Alstom company (France) will hold the latest round of negotiations on the possibility of supplying dual-system mainline electric freight locomotives with the management of PJSC Ukrainian Railways (Ukrzaliznytsia) on Thursday, 21 January.
Part of a German loan of EUR 50 million will be used to purchase the equipment.
Zavhorodnyi replied that he saw no economic benefit in this.
The Hyundai Corporation is considering the possibility of establishing a Ukrainian-Korean production facility in the Lviv region. South Korean manufacturer wants to conquest of new markets in Central and Eastern Europe.
The PJSC Ukrzaliznytsia has launched daily operation of two passenger trains between Ukraine and Romania. The trains connected the Vadul Siret station (Chernivtsi region) with the Romanian cities of Bucharest and Suceava.