Tag: Ukrzaliznytsia
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.
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 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.
Ukraine can facilitate development of transport corridors and reduce the period of delivery of cargoes to any destination.
At the same time, according to Chornenky, Siemens is not interested in organizing joint production in Ukraine.
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.
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.
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 has begun corporatization of the Ukrzaliznytsia. This is the first step on the road to reform of Ukraine's railway industry.
The CFTS portal has compiled a list of the 10 most profitable state enterprises in the railway industry in the first half of 2015.
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)
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
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 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.
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.
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.
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.
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
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
Ukrainian railways transported 9.1 million passengers on long-distance routes in July, down 9.4% or 0.6 million compared with July 2014