Tag: finance
Destruction Of Kakhovka Hydroelectric Plant Causes Damage Worth USD 311 Million To Transport Infrastructure
The total damage caused directly is estimated at USD 2 billion.
Development Of Public Transport In Ukraine Requires ‘Financial Ramstein’ - Opinion
Simplification of the procedures for cooperating with international financial institutions could improve the financing of cities’ public transport-related procurement.
Standard & Poor's Raises Ukrzaliznytsia’s Credit Rating To Pre-War Level
This was facilitated by the restructuring of Ukrzaliznytsia’s debt of USD 895 million.
Fitch Ratings Upgrades Ukrzaliznytsia Rating To 'CC'
Ukrzaliznytsia's Standalone Credit Profile (SCP) was also revised upward to 'cc,' reflecting the company's post-restructuring profile
Avoiding An Insurance Paralysis
To resume maritime exports, Ukraine needs an effective system for insuring war-related risks. What is actually happening?
Ukraine's Recovery Finance Needs May Exceed USD 750 Billion - Shmyhal
Several rapid-recovery financing priorities—energy, housing, humanitarian de-mining, and critical infrastructure—have been identified.
Ukrzaliznytsia Reports Losses Of Almost UAH 11 Billion For 2022, Expects Losses Of UAH 20 Billion In 2023
The government allocated UAH 10 billion for supporting the company's liquidity last year.
EU Mobilizes EUR 1 Billion For Development Of Border Infrastructure For Grain Exports From Ukraine
The European Commission will urgently provide EUR 250 million in grants to boost the Solidarity Lanes.
Russia Trying To Provoke Inflation Rise In Europe By Withdrawing From Grain Initiative
In this way, the Russian Federation is also trying to increase social tensions in the EU and earn money by exporting its own grain.
World Bank To Finance Infrastructure ‘Survival Projects’ In Ukraine - Infrastructure Ministry
The possibility of raising USD 100 million for railway and road construction projects is being discussed.
EIB Provides EUR 500 Million For Urgent Repair Of Roads, Bridges, And Railway Infrastructure
Ukrzaliznytsia and Ukravtodor will receive financial assistance.
Ukraine’s Exports Down 47% In Second Quarter Due To War And Blockade Of Ports
Ukraine’s agricultural exports fell by 35%.
Ukraine Announces Amount Of Reparations Expected From Russia
Ukraine is seeking access to Russian funds frozen in international bank accounts, Russian companies’ foreign assets, and properties confiscated from Russian oligarchs.
Ukravtodor Is Negotiating On Additional Financing
The road agency recently reached agreement on deferment of payments on its existing Eurobonds.
EBRD Repurposes Additional EUR 98.5 Million To Support Ukrzaliznytsia’s Liquidity
Part of the EBRD loan that was intended for electrification of the Dolynska – Mykolaiv - Kolosivka railway line will be repurposed.
S&P Lowers Ukrzaliznytsia’s Credit Rating
The credit rating agency now rates Ukrzaliznytsia "CCC-."
Canada Provides USD 40 Million For Purchasing Equipment For Storing Ukrainian Grain
Grain storage solutions, loading and unloading machinery, and longer-term modular storage units will be purchased.
Fitch Ratings Downgrades Ukrzaliznytsia’s Credit Rating On Sovereign Rating Action
Fitch also revised the company's Standalone Credit Profile from 'b-' to 'ccc'.
Cost Of Insuring Merchant Ships In Parts Of Black Sea Increases 20-Fold Since Beginning Of War
Lloyd’s syndicates cover insurance risks under the relevant contracts.
European Investment Bank To Provide Ukraine EUR 1.6 Billion For Rebuilding Infrastructure
It will help Ukraine to provide support to strategic state-owned companies and ensure urgent repairs of damaged infrastructure, among other things.
