Ukrainian state-owned railway operator Ukrzaliznytsia (Ukrainian Railways) plans to borrow UAH 40 billion ($1.31 billion at a reference rate of UAH 30.5 per U.S. dollar – this forex rate is applicable throughout the text) and repay UAH 39.2 billion ($1.29 billion) in 2019. As of the beginning of 2019, the company’s balance on financial obligations…
Latvian airline airBaltic carried 3,842,952 passengers in January-November, up by 18% YoY, to its network spanning Europe, Scandinavia, Russia, CIS and the Middle East. In November, a total of 289,566 passengers or 15% more than last year traveled with airBaltic. During the eleven months of 2018 airBaltic operated 51,791 flights. In November, the airline performed…
The most popular international flights from Igor Sikorsky Kyiv International Airport (Zhuliany) in 2018 were Minsk, Warsaw, Sharm el-Sheik, Ankara, Dubai, and Antalya, the airport’s press service wrote on Facebook. “And domestic flights – Odesa, Zaporizhzhia, and Lviv,” reads the report. In January-November Kyiv International Airport serviced 2.606 million passengers, up by 53.7% YoY. “The…
The European Union (EU) and the European Investment Bank (EIB) are starting a new project with a total budget of EUR 6,136,000 to contribute to Georgia’s road infrastructure development. The project activities are expected to start in January 2019. The Technical Assistance for Georgia Transport Connectivity (GTC) is a seven year program funded by the…
The transshipment volume at the Port of Gdansk keeps increasing, PGA says in a press release. Thanks to the result for the first half of the year, Gdansk’s port managed to go up by two positions in the ranking of the Baltic Sea’s largest ports. This new record brings it closer to the very top.…
Freight volume handled in the Port of Liepaja in January-November climbed by 13.8% YoY, to 6,893,000 tons, the Port Authority says. In the reporting period transshipment of grain grew by 22.3%, to 2,781,500 tons, anthracite – by 15.6%, to 1.32 million tons, and construction materials – by 21.9%, to 711,300 tons, while transshipment of oil…
Nibulon (Mykolaiv), one of the largest grain traders in Ukraine, intends to build a port in the village of Oleksandrivka (Kherson region) in five years, the company said in a statement. “This port is a great prospect for the development of the entire Kherson region. This is an extremely difficult task and very large investments,…