Tag: finance

Infrastructure Ministry Assesses Economic Impact Of Dredging In Yuzhny Port

The economic impact is expected at UAH 12 million in additional monthly income

Ukrzaliznytsia To Save Up To UAH 1.4 Billion In First Year Of Reform

About 17,500 employees or approximately 5% of the total number of Ukrzaliznytsia’s employees were expected to be made redundant by the end of 2014.

Ukrzaliznytsia’s Financial Plan: Comparison With 2013

Net sales revenues are expected to increase by UAH 2.7 billion or 2.7% to UAH 52.7 billion

Ukrzaliznytsia Expects 24% Increase In Profits This Year

Ukrzaliznytsia’s net sales revenue is expected to increase by UAH 2.7 billion or 5.4% to UAH 52.7 billion in 2013

Naftogaz Transfers USD 786 Million In Gas Debt To Gazprom

We have closed the accounts that are undisputed in our relations with Gazprom

Ukrzaliznytsia’s Freight Tariffs To Rise By 6.2% Per Year

Tariffs for transportation of goods by rail will be increased by 12.5% this summer

Crimean Ports To Be Exempted From Customs Duties And Taxes

Crimean ports are to be given preferential treatment

Russia To Introduce Prepayment For Gas Supplies To Ukraine In June

The deadline for Ukraine to pay for the gas supplied to it expired on May 7.

Nearly USD 200 Million Being Allocated For Crimea’s Transport Infrastructure

RUB 4.430 billion (USD 124 million) has been allocated to the Federal Road Agency (Rosavtodor).

UIA's Net Profit Increases By 27.6% In 2013

The airline company’s net sales revenue increased by 60% to UAH 5.937 billion.

Fall Of Hryvnia Hits Demand For Air Travel

This situation affects primarily the purchasing power of the population and has a significant impact on the cost of fuel in the local currency.

VAAID Expects Revival Of Automobile Market Following Abolition Of Recycling Tax

Demand should now accelerate because many Ukrainians previously decided to hold into their money until normalization of the situation

World Bank To Continue Cooperating With Ukraine On Road Construction

The regional director expressed the World Bank’s readiness for the next project.

Motor Sich’s Net Profit Down 31.2% In 2013

The company’s retained earnings increased to UAH 8.595 billion

Vilkul Instructs All Transport Agencies To Stop All Payments Other Than Salaries

The instruction applies to the Ministry of Infrastructure, the Ministry of Regional Development, Construction, Housing, & Communal Services, the State Railway Administration, and the State Automobile Road Service.

Boryspil Airport’s Net Profit Down 3.2-Fold To UAH 127 Million In 2013

Fiscal year 2013 was extremely difficult for the airport

UDP Aiming To Operate Without Losses In 2014

According to preliminary data, its losses will not exceed UAH 10-12 million

Air Onix’s Debts: Why the Airline Company is in No Hurry to Resume Flights

Two bankruptcies in one year? Why the Ukrainian aviation market is also close to losing Air Onix after losing AeroSvit, why the Crimean-based carrier suspended flights, how much it owes and to whom.

Infrastructure Ministry Proposes 30% Discount On Handling Of Chemical Cargoes At Yuzhny Port

The current procedures provide for discounts of up to 50% on all types of port charges for vessels

UDP Increases Cargo Transportation By 12% In 2013

The first half of the year was "a disaster" for the company

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