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…

Ukraine: Nibulon’s non-self-propelled B1500 Project vessel makes first cargo trip

The non-self-propelled open type vessel built at Nibulon’s shipbuilding and repair yard is involved in transportation of piles for construction, Nibulon says in a press release. During three days from January 13, Nibulon loaded at its Mykolaiv transshipment terminal berth its new vessel with piles produced by Mykolaiv concrete product plant. The non-self-propelled vessel transported…

Kazakhstan: direct flights to be launched with Israel

Kazakhstan and Israel are looking to launch direct flights, the press office of the Ministry of Foreign Affairs has reported. The topic was discussed during the meeting between Kazakhstan’s Ambassador to Israel Satybaldy Burshakov, Director General of the Israeli Civil Aviation Authority Joel Feldshukh and representatives of Israeli airlines. Burshakov informed the aviation experts about…

Ukraine: Ukrzaliznytsia and Deutsche Bahn to sign memorandum of cooperation in Davos

JSC Ukrzaliznytsia (Ukrainian Railways) and German rail operator Deutsche Bahn will sign a memorandum of cooperation at the World Economic Forum in Davos. “A large-scale cooperation project between Ukrzaliznytsia and Deutsche Bahn, German’s largest rail operator, is being prepared. It does not imply privatization or concession. It means involving German experts, experience, management and technology…