Ukraine: Ukrzaliznytsia receives over UAH 2.5 billion in profit in 2019

According to preliminary estimates, in 2019, the profit of JSC Ukrzaliznytsia (Ukrainian Railways) amounted to UAH 2.5-3 billion, Ukrzaliznytsia Board Chairman Yevhen Kravtsov declared. “According to preliminary estimates, over the past year, JSC Ukrzaliznytsia generated UAH 2.5-3 billion in profit. Only NJSC Naftogaz Ukrainy earns more than us,” Kravtsov said. He noted that the company…

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Ukraine: government wants German operator to manage Ukrzaliznytsia for ten years

The Cabinet of Ministers wants to transfer Ukrzaliznytsia for ten years to the management of Germany’s largest railway operator, Deutsche Bahn AG, Ukrainian Prime Minister Oleksiy Honcharuk said during the Ukrainian Breakfast in Davos organized by the Victor Pinchuk Foundation. “We had a very good, very cool meeting with our friends from the International Monetary…

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