Tag: finance
Ukrzaliznytsia Reports Losses Of Almost UAH 1 Billion From Operation Of High-Speed Trains In 2015
The Ukrainian High-Speed Rail Company has made a loss of UAH 864.2 million since the beginning of 2015. This is 2.5 times more than the losses in the same period of last year and nine times more than the losses in 2013.
Ukrzaliznytsia's Eurobonds Will Be Restructured Until March 2016
Fitch Ratings has said that restructuring of PJSC Ukrzaliznytsia's Eurobonds would be completed in late February or early March 2016. The debt restructuring terms agreed by Ukrzaliznytsia.
Ticket Sales Through Ukrzaliznytsia’s Online Service Increases By 10 Percentage Points
Online sales accounted for 37.9% of the total number of Ukrzaliznytsia’s train ticket sales in the period of January-November.
Odessa Customs Lowers Minimum Tariff 7-Fold
Carriers’ costs have reduced seven-fold, thanks to reforms at the Odesa customs. The deputy general director of the Association of International Freight Forwarders of Ukraine, Viktor Berestenko, announced this.
Pyvovarskyi: Ukrzaliznytsia May Sue Over Saakashvili Allegations
According to Saakashvili, Ukraine's losses are estimated at about USD 5 billion, including USD 2.2 billion in lost profits resulting from understated tariffs.
What Ukraine is Offering Turkey as Replacement for Russian Products
Experts estimate the annual volume of agricultural products that Russian exports to the Turkish market at USD 2.4 billion and the annual volume of mining and metals products at USD 1.6 billion. Russia’s sanction against Turkey opens prospects for Ukrainian exports to Turkey to increase by USD 4 billion.
Ukrzaliznytsia Hoping For Additional Revenue Of UAH 600 Million In 2016
"Today, we come to the point that we are transporting passengers over a distance of 80 kilometers for UAH 10," Zavhorodnyi said.
Local Authorities Received UAH 20 Billion For Roads In First 9 Months Of 2015 – Pyvovarskyi
According to him, this amount of money was generated from the 5% excise duty on gasoline at the pump, which goes directly into local budgets.
ASU’s Net Profit Almost Triples In January-September
The net profit of the state-owned Administration of Seaports of Ukraine (ASU) amounted to UAH 3.35 billion in the period of January-September 2015, which is 2.8 times more than its net profit in the same period of last year.
Boryspil Airport Provided Services To Airlines At Below-Cost Prices - SSU
The management of the Boryspil international airport deliberately entered into a disadvantageous contract for ground handling of aircraft with a Ukrainian airline. The airline involved was not named.
Seaports In Continental Ukraine Increase Cargo Transshipment By 1.9% In January-November
Seaports in continental Ukraine increased cargo handling by 1.9 percent to 131.76 million tons in the period of January-November this year, compared with the corresponding period of last year.
Repair Of Odesa-Reni Highway Will Cost UAH 4 Billion – Pyvovarskyi
Infrastructure Minister Andrii Pyvovarskyi has said that complete overhaul of the Odessa-Reni highway will cost UAH 3.5-4 billion.
Ukrzaliznytsia Sells Bonds For UAH 200 Million
The Odessa railway decided on 22 September 2014 to place bonds for UAH 810 million.
Ukrzaliznytsia To Spend UAH 76 Million On Internet For Passengers
Ukrzaliznytsia plans to spend UAH 76 million on providing Internet access to passengers, Ukrzaliznytsia’s acting head Oleksandr Zavhorodnyi said in an interview with the Intercity journal.
Putin Asks Ukraine To Pay ‘Yanukovych Credit’ In Annual Installments Of USD 1 Billion
Russia has agreed to restructure Ukraine’s Eurobonds worth USD 3 billion on its own terms. According to Russian President Vladimir Putin, the restructuring terms provide for postponement of repayment to the period of 2016-2018 at USD 1 billion per year.
EU Announces Full Readiness For Free Trade With Ukraine From 1 January 2016
The European Union has announced its full readiness for free trade with Ukraine from 1 January 2016, President of Ukraine Petro Poroshenko reported this.
EBRD To Loan GNT USD 40 Million For Expanding Grain Terminal In Odessa
The project involves expansion of the capacity of the terminal and its storage capacity, the cost is estimated at USD 69 million.
EBRD Downgrades Forecast For Ukraine's GDP Decline In 2015
The European Bank for Reconstruction and Development (EBRD) has downgraded its outlook for the fall of the Ukrainian economy in 2015 to 11.5%, from the June 2015 figure of 9%.
Ukrzaliznytsia To Invest UAH 20 billion In Upgrade of Rolling Stock And Infrastructure In 2016
The Ukrzaliznytsia public joint-stock railway company (PJSC Ukrzaliznytsia) plans to invest about UAH 20 billion in upgrade of rail tracks, railcars, and locomotives in 2016. Minister of Infrastructure Andrii Pyvovarskyi announced this.
Maersk Line To Reduce Land Based Staff By 4,000 Positions
Maersk Line, Danish shipping company, announced the reducing of land based staff by at least 4,000 positions by the end of 2017.
