Tag: finance

Infrastructure Ministry To Introduce Permanent 50% Discount On Port Charges For Transshipment Of Transit Cargoes

The Ministry of Infrastructure intends to introduce a permanent 50% discount on port charges for processing of transit goods.

How high port charges hampering Ukraine’s export (opinion)

Andrey Smirnov, Metinvest Group's head of seaborne shipments, about how high port charges are hampering the development of Ukraine’s export potential.

Antonov Discloses Cost Of Serial Production Of Mriya Aircraft

The Antonov state aircraft manufacturing enterprise estimates launching of serial production of An-225 Mriya in USD 3-4 billion of investments.

Expert Identifies Best Ports For Implementation Of Public-Private Partnership Projects

Small ports have a greater chance of attracting investment in the short term. They can be selected for the implementation of public-private partnership projects.

Grain Logistics 40% More Expensive In Ukraine Than In Competing Countries

Grain Logistics in Ukraine is much more expensive than in France, Germany, and the United States. Logistics costs in Ukraine amount to about USD 50 per ton but they are 30-40% lower in competing countries.

CoST To Publish Cost Of Repairing Kilometer Of Road In Ukraine

CoST has identified four road projects for analysis: Lubny-Poltava, Kyiv-Znamianka, roads in the Carpathians, and repair of public roads.

Infrastructure Ministry Announces First Public-Private Partnership

The Ministry of Infrastructure has set the goal of completing the construction of a parking area at the Boryspil airport within six months.

EU To Provide Ukraine Additional EUR 20 Million For Infrastructure Development

The European Union intends to provide Ukraine an additional EUR 20 million for infrastructure development before the end of this year.

Ukrzaliznytsia To Spend EUR 150 Million On Upgrade Of Rolling Stock

The Ukrzaliznytsia public railway company has earmarked more than EUR 150 million in European credit funds and Ukrainian funds for financing renewal and modernization of its rolling stock.

UIA In Danger Of Losing Ability To Launch New Flights

The new rules stipulate that an airline should pay all the fees stipulated in the Air Code before it can be assigned new routes. This may hit Ukraine International Airlines (UIA).

Cabinet Allocates UAH 134 Million For Construction Of Odesa-Reni Highway

The Cabinet of Ministers has decided to allocate UAH 134 million for construction of the Odesa-Reni highway.

Ukrzaliznytsia Repairs 431 Kilometers Of Railway Tracks Since Beginning Of 2016

The Ukrzaliznytsia public railway company performed various kinds of repairs on 430.8 kilometers of railway tracks from 1 January to 10 May.

Ukrzaliznytsia Raises Freight Rates By 15%

The Ukrzaliznytsia public railway company (PJSC Ukrzaliznytsia) raised its freight rates by 15% on 30 April. The company will earn an additional UAH 100 million.

PJSC Ukrzaliznytsia’s First Quarterly Report Marked By Major Losses

Exchange-rate differences affected the financial result of the Ukrzaliznytsia Public Railway Company in the first quarter of 2016, as a result of which the company made a loss if UAH 2 billion during the quarter.

UIA To Double Its Aircraft Fleet By 2020

Ukraine International Airlines (UIA), which is the largest airline in Ukraine, will more than double its aircraft fleet by 2020, the airline’s President Yurii Miroshnikov announced at a Ukrainian infrastructure forum in Kyiv on Friday

Ukravtodor Assesses Ukrainian Economy’s Losses Because Of Bad Roads

The state road agency (Ukravtodor) has estimated the Ukrainian economy’s losses as a result of bad roads at UAH 120 billion per year.

Ukrainian Cruise Ships To Work On Danube In 2016

he Ukrainian Danube Shipping Company (UDP) has found work for all the four cruise vessels in its fleet in 2016. Two of them are chartered by a hotel in Austria, two others will operate on the Passau-Budapest-Passau line.

New Cabinet To Create Competitive Market For Rail Carriers

One of the priorities of the new Cabinet of Ministers is creation of a competitive market for rail carriers. This is stated in the government's action program that was approved by the parliament

Ukrzaliznytsia Saves UAH 75 Million On Procurements In First Quarter

The Ukrzaliznytsia public railway company saved UAH 75.3 million on purchases in the first quarter of 2016. The company made the savings on purchases of oil and diesel fuel.

Ukraine’s Trade With EU Already Twice Its Trade With Russia

Ukraine’s trade volume halved to USD 75 billion in 2015 compared with the volume five years ago.

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