Tag: finance
Ukravtodor Receives World Bank Loan Of USD 560 Million
The World Bank has already financed two projects involving repair and reconstruction of various sections of the M03 Highway.
Holders of Ukrzaliznytsia’s USD-500-Million Eurobonds Approve Restructuring Offer
The proportion of bondholders that accepted Ukrzaliznytsia’s restructuring offer was not specified in the statement.
Ukrzaliznytsia Expected To Report Net Loss Of UAH 1 Billion For 2015
Ukrzaliznytsia will make a net loss of UAH 6 billion and its capital investments will amount to only UAH 3.7 billion in 2016 if rail freight tariffs are not raised.
Ukraine And Turkey To Resume Talks On Free Trade Area
The Ukrainian prime minister thanked Turkey for providing a five-year loan of USD 50 million.
Ukrzaliznytsia To Raise Freight Rates By 15% In March
The Ukrzaliznytsia public railway company intends to raise freight rates to 15% on 1 March if it receives approval from all the relevant agencies. Minister of Infrastructure Andrii Pyvovarskyi announced this.
Yuzhny Port Authority Doubles Its Revenue In 2015
The Yuzhny Port Authority’s revenue increased 2.1-fold to UAH 1.95 billion in 2015, compared with 2014.
Ukrzaliznytsia Expects To Increase Operating Revenues By Half A Billion Dollars In 2016
The management of Ukrzaliznytsia also expects optimization of the company’s operations to increase its profit by UAH 5.2 billion
Ukrzaliznytsia To Convene Meeting Of Bondholders On Restructuring Its Eurobonds Worth USD 500 Million
PJSC Ukrzaliznytsia will convene a meeting of bondholders on 17 February for talks on restructuring the Eurobonds it issued for USD 500 million at the yield rate of 9.5%, which will mature in 2018.
Antonov Aircraft To Be Serviced In Portugal
Antonov aircraft operating in Africa will be serviced at the Beja airport in southern Portugal. The relevant provision is made in a memorandum of understanding between the Antonov state aircraft manufacturing enterprise and the Portuguese company AeroNeo.
Period Of Customs Clearance At Ukrainian Ports To Be Reduced Further
The Ministry of Infrastructure and the State Fiscal Service have signed a memorandum of cooperation on information technology, which improves the process of handling cargoes.
UkSATSE’s Net Profit Halves In First Half Of 2015
The Ukrainian State Air Traffic Services Enterprise (UkSATSE) made a net profit of UAH 171 million in the period of January-June 2015, which is UAH 185 million less than its net profit of UAH 356 million in the first half of 2014.
Cabinet Guarantees Antonov’s Loan Of UAH 1 Billion For Production Of ‘Luxury’ An-148 Aircraft
Cabinet of Ministers has provided state guarantee for loans of up to UAH 1.148 billion that the Antonov state enterprise plans to use to finance production of An-148-EA aircraft – a modification of the An-148 aircraft with VIP cabins.
Ukraine Failed To Achieve Privatization Target In 2015 – SPF Head
Ukraine essentially failed to achieve its privatization target this year despite the fact that 2015 was declared the year of the large-scale privatization, the State Property Fund’s Ihor Bilous wrote in a column.
IMO Assesses Performance Of Ukraine’s Functions As Flag And Port State
An advisory mission from the International Maritime Organization (IMO) was in Ukraine from December 14 to 18 to assess the performance of the functions of a flag state, port state, and coastal state by Ukraine.
Parliament Adopts 2016 State Budget With IMF-Approved Deficit Of 3.7% Of GDP
The parliament adopted the Law on State Budget for 2016 by 263 votes on Friday night with projected revenues of UAH 595.1 billion, which exceeds the projected revenues of the 2015 state budget by 15.1% or UAH 88.1 billion.
Plans For Concrete Roads In Ukraine Subject To Further Analysis - Khmil
However, the problem is that asphalt-concrete [roads] cannot be repaired with concrete.
EBRD To Finance Rehabilitation Of Sewerage Infrastructure And Construction Of New Access Ramp In Lviv
A fresh loan of EUR 6 million will be used for rehabilitation of a sewerage infrastructure and construction of a new access ramp.
Ukrainian Law On Rail Transport Has No Details For Business - Interview With Rail World Ukraine
Artem Dashkovsky, deputy director of Rail World Ukraine, tells the CFTS on locomotives renewal, private rail business perspectives and Western attitude towards Ukrainian Railways reforming process.
Ukraine And Turkey To Accelerate Talks On Free Trade Area
Ukraine and Turkey will accelerate talks on introduction of a free trade area between the two countries. The talks took place at an international forum in Kenya.
Poland To Provide EUR 100 Million For Crossings On Border With Ukraine
President Petro Poroshenko has said that Poland will give Ukraine EUR 100 million for establishment of crossings on the Ukrainian-Polish border.
