Tag: finance

How We are Changing the Rules on the Market of Bus Services In Ukraine

"Carriers are increasingly encountering abuse of the monopoly positions of owners of bus stations," Roman Khmil, the head of the department of motor transport at the Ukrainian Ministry of Infrastructure, wrote in an exclusive column for the CFTS portal.

Boryspil Airport Reports Almost UAH 500 Million In Net Profit For January-September

The Boryspil international airport made a net profit of UAH 467.3 million in the period of January-September this year compared with a net loss of UAH 44.5 million in the corresponding period of last yearю

Odessa To Purchase 45 new trolleybuses for EBRD loan

The European Bank for Reconstruction and Development (EBRD) and Odessa municipal enterprise Odesmiskelektrotrans have signed a loan agreement for a EUR 8 m loan for 12 years to upgrade trolleybuses.

PJSC Ukrainska Zaliznytsia To Purchase Rolling Stock In 2016

The PJSC Ukrainska Zaliznytsia, which is currently being created, will purchase freight rolling stock.

Odessa Airport Pays More Than UAH 10 Million As Dividends To City Budget

The Odessa international airport transferred UAH 2.7 million into the Odessa city budget on 15 October as the latest tranche of dividends.

Boryspil Airport’s Cost Savings Reach 30%

EBRD Provides EUR 100 Million For Public Transport In Ukraine

The board of directors of the European Bank for Reconstruction and Development (EBRD) approved provision of EUR 100 million for modernization of public transport in Ukrainian cities

26-Year-Old Saakashvili Deputy To Head Odessa Customs

The Odessa regional administration’s deputy head Yulia Marushevska will be appointed deputy head of the Odessa customs office, President of Ukraine Petro Poroshenko has announced.

Romania To Modernize Railways in Transylvania for EUR 800 M

Romania is preparing to reconstruct its rail network in Transylvania under EU financing. The reconstruction of the Brasov - Sighisoara railway will begin on this November

Ukraine And Germany To Create Chamber Of Commerce

Ukraine and Germany plan to sign an agreement on establishment of a German-Ukrainian Chamber of Commerce and Industry during a business forum in Berlin on 23 October, Prime Minister Arsenii Yatseniuk has announced.

‘Big Four’ Firm To Be Involved In Drafting Port Charges in Ukraine

One of the "Big Four" audit firms (Deloitte, PwC, EY, and KPMG) will be involved in the draft of new port charges.

Russian Airlines Owe Ukraine Over UAH 600 Million In Fines For Flights To Crimea

Russian airlines must pay fines amounting to UAH 646 million for operating flights to the Crimea.

Ukraine Signs Protocol On USD-560-Million World Bank Loan For Reconstruction Of Poltava-Kharkov Highway

First Deputy Minister of Infrastructure Volodymyr Shulmeister on 2 October signed a protocol on provision of a loan of USD 560 million from the World Bank (the first part of the third loan tranche) for reconstruction of the Poltava-Kharkov highway

Ukraine To Spend EUR 50 Million Of German Loan On Reconstruction Of Infrastructure In Donbas

The Ministry of Infrastructure will spend more than EUR 50 million out of a total loan of EUR 500 million from Germany on restoration of the transport infrastructure in eastern Ukraine.

How Ukrzaliznytsia Was Appraised – Interview With Deloitte

Artur Ohadzhanyan, a partner at Deloitte & Touche, discusses the specifics of the valuation of the assets of the State Railway Administration (Ukrzaliznytsia) in an exclusive interview with the CTS portal. With 900,000 objects and eight months of work involved, Ukrzaliznytsia is the largest enterprise in Ukraine to have a general valuation of its assets performed.

The cost of transporting coal would increase by 7 percent and building materials by up to 20 percent

The freight rates of the State Railway Administration (Ukrzaliznytsia) may be raised before the end of 2015. Ukrzaliznytsia’s acting head Oleksandr Zavhorodnyi announced this

UIA Estimates Potential Losses From Possible Russian Counter-Sanctions On Ukrainian Airlines

Ukraine International Airlines (UIA) estimates losses from Ukraine’s sanctions against Russian airlines and possible Russian retaliatory sanctions at more than USD 35 million per year.

The Value of Ukrzaliznytsia: Expert Opinions

The Deloitte audit firm has valued the assets of the State Railway Administration (Ukrzaliznytsia) at UAH 245 billion (USD 11.2 billion). The society has already begun debating whether this value is understated or overstated. We ask experts what they think about this.

Ukrzaliznytsia Drops 12 Positions In Ranking Of 500 Largest Companies In Central Europe

The ninth “Deloitte Central Europe Top 500” ranking, which is based on the consolidated revenue of companies in Central Europe in 2014, has been published. Ukrzaliznytsia dropped 12 positions to 33rd.

Russia Will Not Respond To Ukraine’s Sanctions - Federation Council Speaker

Russia will not respond to the new sanctions imposed by Ukraine, the speaker of Russia’s Federation Council, Valentina Matviyenko, has said.

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