Tag: finance
Ukrzaliznytsia has published its consolidated financial statements for 2020.
The company's revenue has doubled since 2016.
The average salary in the company is not higher than UAH 12,000.
The funds will be used to improve infrastructure in eastern Ukraine, rehabilitate the road network in the Luhansk region, and purchase electric public transport in 18 cities.
The map shows the enterprises that can and are ready to participate in the localization of production of vehicles, machinery, and equipment.
Three new sorting centers and 20 postal depots will be built.
According to the financial plan, the state-owned airport will pay UAH 892.6 million to the state in 2020.
The bank lowered the interest rate on the second loan tranche compared with the base rate.
The dividend rate for these airports was lowered from 90% to 30%.
The Ministry of Infrastructure proposed lowering the dividend rate to 50%, but the Cabinet of Ministers only reduced it to 80%.
The Ukravtodor bonds are redeemable by the state-owned Ukreximbank.
According to Kubrakov, construction of 40% of the facilities that were planned for this year has already begun.
Ukravtodor is considering the possibility of issuing Eurobonds to raise funds for financing construction of roads.
Zhuravlev and Leschenko are the new members of Ukrzaliznytsia’s supervisory board.
The relevant resolution is published on the website of the Cabinet of Ministers.
According to Member of Parliament Honcharenko, these funds were saved thanks to the strengthening of the hryvnia.
Funds for financing road infrastructure will reduce by UAH 8 billion in 2020, compared with the previously announced amount.
According to Finance Minister Oksana Markarova, the previously adopted laws on concession and privatization will eventually allow the country to exceed the revenue target of next year’s state budget.
The Ministry of Infrastructure, Ukrzaliznytsia, and the EBRD have signed a memorandum of cooperation on preparation for an Ukrzaliznytsia IPO.
This was announced by Prime Minister Oleksii Honcharuk.