Tag: finance

First Train Departs From Kharkiv’s New Subway Station

Ukrzaliznytsia Reports Large Profit For First Half Of 2016

The revenue of Ukrzaliznytsia exceeded the target by 4.1% of UAH 1.5 billion.

Interpipe Launches Operation Of USD-6-Million Facility For Production Of Railway Wheels

Investments in the project amounted to USD 6 million.

Ukrzaliznytsia’s Supervisory Board Elects Chairman

First Deputy Minister of Infrastructure Yevhen Kravtsov was elected as the chairman of the supervisory board.

Omelian Announces Creation Of Infrastructural Project Agency

The Ukrainian Ministry of Infrastructure plans to establish an Infrastructural Project Agency.

Aviakor To Pay Antonov USD 2.9 Million For Use Of Trademark

The Antonov state aircraft manufacturing enterprise has won a case against the Aviakor aircraft plant over remuneration (royalties) for the use of a trademark during manufacture.

Balczun Raises Salaries Of Railway Workers By 25%

Wojciech Balczun has signed an order increasing the hourly wage rates and salaries of the company’s employees from 1 July.

EU To Help Ukraine Buy 105 Portable Truck Scales

Instead of 78 truck scales, Ministry of Infrastructure intends to buy 105. The additional truck scales will be purchased with money from the European Union.

Infrastructure Ministry Introduces 75% Discount For Transit Oil Tankers Calling At Yuzhny Port

The Ministry of Infrastructure has introduced a discount of 75% on port charges for tankers with transit crude oil calling at the Yuzhny seaport.

Another Pole Placed In Charge Of Public Procurement At Ukrzaliznytsia

Polish citizen Paweł Jarczewski has been appointed as the head of the Production Facilitation Center, which is responsible for public procurements at the Ukrzaliznytsia public joint-stock company.

Value Of All Ukrzaliznytsia Assets Revealed

All the assets of the Ukrzaliznytsia public railway company have a value of UAH 273.73 billion. This is stated in the company’s consolidated financial reports audited by the Ernst & Young firm

New Ukrzaliznytsia Board Seeking To Pay Railway Workers Market Wages

The management board of the Ukrzaliznytsia public railway company has stated the need to pay market wages to the company’s employees.

Kyiv To Spent UAH 4.2 Billion On Subway Modernization Over Three Years

The plan is to acquire subway cars worth more than UAH 1.3 billion and perform major construction and modernization of the Kyiv subway.

Ukrzaliznytsia Announces Key Areas On Which Its Operations Will Focus

Wojciech Balczun considers increasing the company’s efficiency as his priority.

Ukrzaliznytsia Cuts Losses In Two Months By Indexing Rates

The Ukrzaliznytsia public railway company has managed to reduce its losses in the past two months through indexation of tariffs.

The An-178’s Silk Road: What is Known about Antonov’s Deal with Azerbaijan

The Azerbaijani airline, Silk Way Airlines, has become the first serious buyer for the An-178 aircraft. Several details of the contract, as well as when and where the carrier will use the Ukrainian aircraft, have emerged.

Lufthansa Introduces Flight Discounts Until November

The Lufthansa airline has explained how passengers can obtain a discount of EUR 25 (UAH 700) on flights until 31 October this year.

Huge Two-Month Profit Allows Ukrzaliznytsia To Halve 2016 Losses

The Ukrzaliznytsia public railway company made a net loss of UAH 916 million in the period of January-May 2016.

Toll Road To Be Built Around Ternopil

The Cabinet of Ministers is considering a project involving construction of a toll road bypassing Ternopil based on a concession agreement.

Ukraine To Create Maritime Administration

The Ministry of Infrastructure is working to reform the maritime industry, which should result in creation of the Maritime Administration of Ukraine.

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