Tag: finance

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.

Foreign Investment In Ukraine Increases By USD 690 Million In 2018

Most of the money came from the Netherlands, which invested USD 951.5 million in the Ukrainian economy.

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.

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