Tag: finance

Ukrzaliznytsia Reports Net Loss Of UAH 12 Billion For 2020

Ukrzaliznytsia has published its consolidated financial statements for 2020.

Ukrposhta Reports Net Profit Of Over UAH 184 Million For 2020

The company's revenue has doubled since 2016.

Ukrzaliznytsia Discloses Average Salaries For Main Professions

The average salary in the company is not higher than UAH 12,000.

Ukraine To Receive EIB Loans Totaling EUR 640 Million For Implementation Of Transport And Infrastructure Projects

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.

Production Localization Map Presented In Ukraine

The map shows the enterprises that can and are ready to participate in the localization of production of vehicles, machinery, and equipment.

EIB To Provide EUR 30 Million For Modernization Of Ukrposhta’s Logistics Network

Three new sorting centers and 20 postal depots will be built.

Cabinet Approves Boryspil Airport’s Financial Plan For 2020

According to the financial plan, the state-owned airport will pay UAH 892.6 million to the state in 2020.

Ukreximbank Provides Second Loan Tranche Of UAH 5.081 Billion To Ukravtodor

The bank lowered the interest rate on the second loan tranche compared with the base rate.

Cabinet Lowers Dividend Rate For Boryspil And Lviv Airports

The dividend rate for these airports was lowered from 90% to 30%.

Dividend Rate For State Enterprises Reduced By 10%

The Ministry of Infrastructure proposed lowering the dividend rate to 50%, but the Cabinet of Ministers only reduced it to 80%.

Ukravtodor Begins Issuing State-Guaranteed Bonds

The Ukravtodor bonds are redeemable by the state-owned Ukreximbank.

Road Repairs Will Continue To Be Financed In Full - Ukravtodor Director

According to Kubrakov, construction of 40% of the facilities that were planned for this year has already begun.

Ukravtodor May Issue Eurobonds In 2020

Ukravtodor is considering the possibility of issuing Eurobonds to raise funds for financing construction of roads.

Cabinet Approves Journalist Leschenko As Member Of Ukrzaliznytsia’s Supervisory Board

Zhuravlev and Leschenko are the new members of Ukrzaliznytsia’s supervisory board.

Cabinet Increases Ukrzaliznytsia’s Dividend Rate From 30% To 90%

The relevant resolution is published on the website of the Cabinet of Ministers.

Ukravtodor To Allocate Additional UAH 1 Billion For Road Repairs - Honcharenko

According to Member of Parliament Honcharenko, these funds were saved thanks to the strengthening of the hryvnia.

Significantly Lower Amount Will Be Allocated For Road Repairs In 2020

Funds for financing road infrastructure will reduce by UAH 8 billion in 2020, compared with the previously announced amount.

Rada Adopts 2020 State Budget

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.

Ukrzaliznytsia Begins Preparations For Initial Public Offering

The Ministry of Infrastructure, Ukrzaliznytsia, and the EBRD have signed a memorandum of cooperation on preparation for an Ukrzaliznytsia IPO.

Ukraine Rises 7 Places To 64th In World Bank's 2020 Doing Business Ranking

This was announced by Prime Minister Oleksii Honcharuk.

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