Tag: Ukrzaliznytsia

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

Freightliner Explains Circumstances Under Which It Will Enter Ukraine

According to Konstantin Skorik, it is specifically local operators - for example, Lemtrans and Ukrmetalurgtrans - that should be the first to feel the effects of the reforms, which will serve as a signal to foreign investors.

Only Top Managers Of FBI And Deutsche Bahn Can Change Ukrzaliznytsia Quickly - Blank

"The system can be changed if one of the top managers of Deutsche Bahn comes and a top manager of the FBI is assigned to him. That is when I will believe that change of the system will be as fast as possible and as effective as possible," he said.

I Urge Unselfish Cooperation With Ukraine

A speech by Zespoł Doradcow Gospodarczych TOR’s general director Boguslaw Kowalski at the opening of the Ukrainian section of the European Rolling Stock Forum 2015, which took place in Warsaw on 11 March.

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