Ukraine: Ukroboronprom boosts arms exports in 2016

Exports of arms and dual- and special-purpose products by state-run Ukroboronprom Concern in 2016 grew by 25% YoY, to $756 million. These figures were announced by Ukroboronprom Deputy Director Denys Hurak at a forum on cooperation between the defense industry and small and medium-sized businesses. The concern’s state-run enterprises concluded contracts on arms exports last…

Ukraine: Turkish Airlines to add three more Kherson-Istanbul flights to summer 2017 schedule

Turkish Airlines will add three more flights on the Istanbul-Kherson route to the summer schedule totaling 10 flights per week. From March 26, flights between Kherson (Ukraine) and Istanbul (Turkey) will be operated in the morning and in the evening. Morning flights will be operated on Mondays, Tuesdays, Wednesdays, Thursdays, Saturdays and Sundays with departure…

Ukraine: Ukrzaliznytsia to focus on corporate reform in 2017

PJSC Ukrzaliznytsia should in 2017 complete the separation of individual directions in the company’s activities, as well as introduce European standards of corporate governance, the head of the company supervisory board, First Deputy Minister of Infrastructure Yevhen Kravtsov said. “In 2016 the company’s management focused on stabilization of management processes in the company. The supervisory…