Tag: finance

Ukrzaliznytsia Announces 5 Projects That Could Be Financed By European Commission

Ukrzaliznytsia’s head Yevhen Kravtsov spoke about some of the projects that will be financed by the European Union and the World Bank.

European Commission To Invest EUR 13 Billion In Creation Of Transport Networks In Eastern Partnership Countries

Ukraine will be able to use part of this money to modernize its existing roads and railways and build new ones.

Ukraine Receives IMF Loan Tranche Of USD 1.4 Billion

Ukraine’s international reserves exceed USD 20 billion, according to the National Bank of Ukraine.

Finance Ministry: EU Transfers EUR 500 Million To Ukraine As First Tranche Of Macro-Financial Assistance

The money will be spent on fighting corruption, improving the quality of government and the tax system, reforming the energy sector, social policy, etc.

Rada Adopts 2019 State Budget

Among other things, the parliament extended the experiment involving the use of surplus proceeds from customs duties to finance repair of roads.

Ukrposhta To Receive UAH 500 Million For Delivery Of Pensions In 2019 - Omelian

The money will be spent exclusively on postal workers’ salaries.

Antonov’s Net Profit Increases Almost 30-Fold In January-September 2018

The company’s net revenue increased by 45% in the first nine months of 2018.

Fitch Upgrades Ukrzaliznytsia’s Rating To B-

The Outlook on the rating is Stable.

Court Orders Ukrzaliznytsia To Return Nearly UAH 1 Billion To Russian Bank

The court partially satisfied the claim of VTB Bank and decided to recover from the Donetsk railway UAH 933 million of debt under loan agreements.

Electrification of Dolynska-Mykolaiv-Kolosivka Railway Line to Begin in March 2019

The project will be implemented in two phases

Rada Ratifies EUR-150-Million EIB Loan for Development of Railway Lines to Odesa and Mykolaiv Ports

EBRD is expected to provide an additional EUR 150 million for this project.

Ukraine and Hungary Begin Sharing Information about Goods Crossing Their Border

This is the second information-sharing project between Ukraine and an EU country.

Car Imports Into Ukraine Up 31% Since Beginning Of Year

More than half of the cars were imported from the European Union.

UAH 1 Billion to Be Spent on Construction of Odesa Airport New Runway in 2019

Direct capital investments of UAH 874.254 million are planned in 2019.

150-170 Railcars Stolen Daily In Ukraine

Three full-fledged trains are subjected to theft every day.

Omelian Planning to Create Aviation Fund for Reviving Airports

The state fund will finance the reconstruction of airports.

Ukrzaliznytsia Completes Electrification of Zolotnishine-Potoki Railway Line

Five electric locomotives may be used to service these trains.

Boryspil Airport Changes To Parking Fees

The first hour of parking will cost EUR 1.5.

Ukrzaliznytsia Planning To Buy Locally Produced Freight Electric Locomotives In 2019

Ukrzaliznytsia was holding talks with Siemens, Bombardier, CRRC, and Alstom on purchase of electric locomotives.

Ukrzaliznytsia Announces Amount of Investments in Renewal of Rolling Stock in 1H 2018

Production of rolling stock increased by 172.4% in the first half of 2018