Tag: Ukrzaliznytsia

Ukrzaliznytsia’s Assets In Occupied Crimea And Donbas To Be Included In New Company’s Authorized Capital

The assets of Ukrzaliznytsia that remain in the annexed Crimea and the parts of the Donbas that are not controlled by Ukraine will be included in the authorized capital of Ukrainska Zaliznytsia

The New Law For Ukrainian Railways: Five Key Aspects

The draft law on railways that was published for debate includes several revolutionary aspects. For example, it provides for creation of private locomotive traction and equal access to infrastructure. This is because of the need for the law to meet the standards of the European Union.

Ukrzaliznytsia JSC To Have Three-Level Management Structure

A group of experts created the new organizational structure and charter of Ukrzaliznytsia based on the European experience and directives of the European Union.

Pyvovarskyi: I Hope Restructuring Of Ukrzaliznytsia’s Debts To Domestic Banks Will Be Completed In Summer

Infrastructure Minister Andrii Pyvovarskyi expects the negotiations on restructuring the domestic debts of the State Railway Administration (Ukrzaliznytsia) to be completed this summer

Regulatory Service Refuses To Approve Increase Of Railway Tariffs In Ukraine

The Ministry of Infrastructure drafted the order on increase of railway tariffs because of the difficult financial situation of the State Railway Administration

Infrastructure Ministry Approves Ukrzaliznytsia’s Financial Plan

Minister of Infrastructure Andrii Pyvovarskyi has signed the financial plan of the State Railway Administration (Ukrzaliznytsia) for 2015.

Following Fitch, S&P Downgrades Ukrzaliznytsia To Selective Default

Standard & Poor's Ratings Services, an international credit rating agency, has lowered its long-term corporate credit rating on the State Railway Administration (Ukrzaliznytsia) from 'CC' to 'SD' (selective default)

Why Ukrzaliznytsia Decided To Restructure Its Debts

Head of Advisory at CFTS-Consulting Andrii Shkliar comments the Ukrzaliznytsia's decision to restructure its debts.

Deloitte Completes Valuation Of Ukrzaliznytsia’s Assets

The Deloitte audit firm has completed the valuation of the assets of the State Railway Administration (Ukrzaliznytsia)

Ukrzaliznytsia Declares Technical Default

The State Railway Administration (Ukrzaliznytsia) has declared a technical default on its debts. Ukrzaliznytsia’s acting General Director Maksym Blank announced this at a press conference.

Ukrainian High-Speed Trains Transport Record Number Of Passengers In April

Intercity+ and Intercity high-speed trains transported a monthly record number of passengers – 266,800 people – in April this year

S&P Downgrades Ukrzaliznytsia’s Credit Rating To ‘CC’ With Negative Outlook

Standard & Poor's Ratings Services, an international credit rating agency, has lowered its long-term foreign- and local-currency corporate credit ratings on the State Railway Administration (Ukrzaliznytsia) from ‘CCC-’ to ‘CC’ with a negative outlook.

Infrastructure Ministry Seeking To Change Approach To Ukrzaliznytsia’s Tariff Formation

The tariff will be divided into three components: infrastructure, locomotive, and wagon.

Pyvovarskyi Describes Ideal Candidate To Head Ukrzaliznytsia

According to him, there are talented managers among the 11 nominees for the post of Ukrzaliznytsia director.

Ukrzaliznytsia Counts Cost Of Vandalization Of High-Speed Trains Over Three Years

Vandalism has caused damage totaling UAH 3.5 million in almost three years of operation of high-speed trains in Ukraine.

SBU Searching Former Ukrzaliznytsia Head’s Premises

"I can confirm that with regard to the former head of Ukrzaliznytsia, we are conducting full searches and confiscating documents" said Nalyvaichenko.

Ukrzaliznytsia Ready To Buy 35-40 Locomotives Per Year From Joint Venture Between Skoda And Zaporozhe Locomotive Plant

Andrii Pyvovarskyi also said that Ukrzaliznytsia would not organize operations exclusively with Skoda and that it was inviting other businesses to cooperate with it.

Ernst & Young To Perform Financial Audit Of Ukrzaliznytsia

The other bidders included PricewaterhouseCoopers (Audit), which wanted UAH 25 million (including VAT) for its services.

Deloitte To Complete Valuation Of Ukrzaliznytsia’s Assets On 15 May 2015

The Deloitte company will complete the valuation of the assets of the State Railway Administration (Ukrzaliznytsia) on 15 May 2015

Ukrzaliznytsia Loses Quarter Of Its Freight Traffic In First Quarter

Ukrainian Railways transported almost 77 million tons of cargo in January-March

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