Tag: Ukrzaliznytsia

Lithuania Joins Project For Ukraine-China Trains Bypassing Russia

Oleksandr Zavhorodnyi also said that Ukrzaliznytsia is currently working to persuade other European shippers to use the Ukraine-China train

Infrastructure Ministry States Reasons For Delay Of Train On Silk Road Route

The first trip of the new container train on the Silk Road route took 15.5 days instead of the announced 11-12 days.

Ukrzaliznytsia Asks Georgia And Azerbaijan To Lower Transit Rates By 50%

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 Lowers Tariff For Transit Of Containers From Illichivsk To EU By 60%

Ukrzaliznytsia has significantly lowered the tariff for transportation of containers on transit from the port of Illichivsk to the western border of Ukraine.

How the First Train Bypassing Russia was Launched

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 Completes First Phase Of Construction Of Beskyd Railway Tunnel

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.

Ukrzaliznytsia To Convene Meeting Of Bondholders On Restructuring Its Eurobonds Worth USD 500 Million

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.

Alstom To Discuss Prospects For Supply Of Dual-System Locomotives With Ukrzaliznytsia

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.

Ukrzaliznytsia To Receive Special Equipment For Tripling Speed Of Electrification Of Tracks

Part of a German loan of EUR 50 million will be used to purchase the equipment.

Ukrzaliznytsia States Conditions For Construction Of Railway To Bukovel

Zavhorodnyi replied that he saw no economic benefit in this.

Hyundai Corporation Seeking To Create Production Facility In Lviv Region

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.

Ukrzaliznytsia Restores Rail Links With Romania

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.

Ukrzaliznytsia To Purchase 4,000 Gondola Cars In 2016

The Ukrzaliznytsia public joint-stock railway company plans to purchase several thousand gondola cars in 2016. The purchase will be carried out for loan money.

Ukrzaliznytsia Reports Losses Of Almost UAH 1 Billion From Operation Of High-Speed Trains In 2015

The Ukrainian High-Speed Rail Company has made a loss of UAH 864.2 million since the beginning of 2015. This is 2.5 times more than the losses in the same period of last year and nine times more than the losses in 2013.

Ukrzaliznytsia's Eurobonds Will Be Restructured Until March 2016

Fitch Ratings has said that restructuring of PJSC Ukrzaliznytsia's Eurobonds would be completed in late February or early March 2016. The debt restructuring terms agreed by Ukrzaliznytsia.

Ticket Sales Through Ukrzaliznytsia’s Online Service Increases By 10 Percentage Points

Online sales accounted for 37.9% of the total number of Ukrzaliznytsia’s train ticket sales in the period of January-November.

Ukrzaliznytsia Preparing 10-Year Program For Modernization Of Rolling Stock

The relevant decision was made at a meeting of Ukrzaliznytsia technical council on 30 September.

Pyvovarskyi: Ukrzaliznytsia May Sue Over Saakashvili Allegations

According to Saakashvili, Ukraine's losses are estimated at about USD 5 billion, including USD 2.2 billion in lost profits resulting from understated tariffs.

Major Corporation Seeking To Invest In Kiev-Berlin And Kiev-Odessa High-Speed Railways

According to Volodymyr Omelian, joint expert work on preparation of project proposals will begin next week.

Ukrzaliznytsia Hoping For Additional Revenue Of UAH 600 Million In 2016

"Today, we come to the point that we are transporting passengers over a distance of 80 kilometers for UAH 10," Zavhorodnyi said.

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