Tag: Ukrzaliznytsia

The Value of Ukrzaliznytsia: Expert Opinions

The Deloitte audit firm has valued the assets of the State Railway Administration (Ukrzaliznytsia) at UAH 245 billion (USD 11.2 billion). The society has already begun debating whether this value is understated or overstated. We ask experts what they think about this.

Ukrzaliznytsia Drops 12 Positions In Ranking Of 500 Largest Companies In Central Europe

The ninth “Deloitte Central Europe Top 500” ranking, which is based on the consolidated revenue of companies in Central Europe in 2014, has been published. Ukrzaliznytsia dropped 12 positions to 33rd.

Most Infrastructure And Rolling Stock Not Considered During Valuation Of Ukrzaliznytsia - Deloitte

Most of the fixed assets of the Ukrzaliznytsia, primarily railway infrastructure and rolling stock, were not taken into account during the valuation of Ukrzaliznytsia because they were not legally owned by Ukrzaliznytsia’s enterprises.

Ukrzaliznytsia Planning To Transport Cargo From China To Europe On Viking Trains

Ukraine can facilitate development of transport corridors and reduce the period of delivery of cargoes to any destination.

Siemens Hoping For Emergence Of Private Locomotive Traction In Ukraine

At the same time, according to Chornenky, Siemens is not interested in organizing joint production in Ukraine.

Infrastructure Ministry Compares Value Of Ukrzaliznytsia’s Assets To Assets Of Other Countries’ Railways

The renewal cost of Ukrzaliznytsia’s assets is UAH 1.253 trillion. For companies in other countries, the figures are 2.43 UAH in Germany, UAH 2.022 trillion in Italy, UAH 1.903 trillion in Russia, and UAH 693 billion in Austria.

German Expert To Work On Creation Of Freight Company At Ukrzaliznytsia

Infrastructure Minister Andrii Pyvovarskyi has announced the creation of a freight company within the State Railway Administration (Ukrzaliznytsia) and said that an expert from Germany has been hired for its creation.

Sale Of Electronic Tickets Through Ukrzaliznytsia’s Website Doubles

More passengers are buying train tickets on the internet. Electronic tickets accounted for 25.6% of the total number of tickets sold in the first eight months of this year, which represents an increase of 12.6% over the previous year.

Ukrainian Government Launches Ukrzaliznytsia Corporatization Process

Ukrainian government has begun corporatization of the Ukrzaliznytsia. This is the first step on the road to reform of Ukraine's railway industry.

10 Most Profitable State Enterprises In Ukrainian Railway Industry Named

The CFTS portal has compiled a list of the 10 most profitable state enterprises in the railway industry in the first half of 2015.

Ukrainian High-Speed Train Operator’s Losses Triple

The state-owned Ukrainian High-Speed Rail Company made a loss of UAH 494.1 million in the first half of 2015, which is almost three times more than its loss in the same period of last year (UAH 165.7 million)

Deloitte’s Estimated Value Of Ukrzaliznytsia’s Assets Revealed

The Deloitte audit firm valued the assets of the State Railway Administration (Ukrzaliznytsia) at UAH 245 billion, Ukraine’s Minister of Infrastructure Andrii Pyvovarskyi announced

Dismissals At Ukrzaliznytsia Because Of Cigarette Smuggling On Kiev-Warsaw Train

The head of the Kiev-Warsaw train and the train’s conductors have lost their jobs because of cigarette smuggling on the train. The South-Western Railway has reprimanded and dismissed the head of the Kiev-Warsaw train No. 68.

Builders Drill 80% Of Length Of New Beskydsky Tunnel

Builders have drilled 80% of the length of the upper part of the new dual-track Beskydsky railway tunnel through a mountain pass in the Carpathians.

Ukrzaliznytsia’s Cargo Transit Volume To Fall To Five-Year Low In 2015

The volume of transportation of transit cargoes through the network of the State Railway Administration (Ukrzaliznytsia) in 2015 will be the lowest in the past five years. This forecast is contained in materials from the Ministry of Infrastructure regarding evaluation of the railway cargo base.

Ukrzaliznytsia’s Debt Projected To Reduce By UAH 5 Billion In 2015 – Financial Plan

The financial plan of the State Railway Administration (Ukrzaliznytsia) for 2015 provides for obtaining loans totaling UAH 22.4 billion and repaying previous loans totaling UAH 27.8 billion.

Rail Transportation Of Import Cargoes To Ukraine To Reach 20-Year High In 2015

The volume of transportation of import cargoes to Ukraine by rail in 2015 is projected at 19.336 million ton-kilometers, which is 2.1% more than the volume in 2014 and the highest since 1996.

Ukrzaliznytsia Aiming To Earn UAH 0.5 Billion In 2019 – Financial Plan

The State Railway Administration (Ukrzaliznytsia) aims to make a net profit of UAH 526 million in 2019. This forecast is contained in the section on strategic development plan of Ukrzaliznytsia’s financial plan for 2015

Ukrzaliznytsia Reveals Plans For Capital Investments In 2015

The Cabinet of Ministers has approved the consolidated financial plan of the State Railway Administration (Ukrzaliznytsia) for 2015. The plan was approved via the order No. 850 of 19 August

Ukrzaliznytsia's Passenger Transportation By Rail Falls By 9%

Ukrainian railways transported 9.1 million passengers on long-distance routes in July, down 9.4% or 0.6 million compared with July 2014

Back to top