CEO of Ukraine’s largest state-owned international airport Boryspil Pavlo Ryabikin says that signing contract with Europe’s largest low-cost carrier Ryanair will inflict UAH 2 billion, or $77 million, annual losses. “We determine that our risk zone is about UAH 2 billion of lost revenue, and this is in conditions when we have to invest UAH…
In January-June the port of Ventspils handled 12.4 million tons of cargo, up by 23% YoY. According to the port authority, transshipment of Ro-Ro cargo grew by 22%. In the reporting period, Kalija parks handled 175,000 tons. The number of passenger carried by Ventspils- Nynashamn line grew by 30%, to 21,700 passengers. Ventspils port is…
A new freight train will connect eastern China’s Jiangxi Province and Uzbekistan. The train loaded with steel coils, garments and daily items, valued at $1.8 million, departed from Chinese city Ganzhou on July 7 and is expected to arrive in Tashkent 12 days later. This train is a part of China-Europe railway route. More than…
Azerbaijani President Ilham Aliyev has signed an order to provide funding for the construction of Galagayin-Osmanli-Chol Beshdali-Zalgaraagach-Chol Agamammadli-Azadkend-Mugan Ganjali road in Sabirabad. Under the presidential order, 14.4 million manats is allocated from the state budget for the construction of the road connecting 15 residential settlements with a total population of 41,000 people. (Trend/Business World Magazine)
JSC “Ukrzaliznytsia” offered customers a new mechanism to reduce the rolling stock shortage, in particular grain hoppers. “Ukrzaliznytsia suggests shippers to consider a possibility of increasing the number of rail cars by purchasing and subsequently providing them to Ukrainian Railways in financial leasing”, said the head of the board Wojciech Balczun. According to him “Ukrzaliznytsia…
Azerbaijani President Ilham Aliyev has signed an order to provide funding for the construction of Tartar-Seydimli-Garadaghli-Sarov road. Under the presidential order, 7 million manats is allocated from the state budget for the construction of the road connecting 20 residential settlements with a total population of 24,000 people. (Trend/Business World Magazine)
Uber international technological company, the developer of the eponymous mobile application for calling cars with drivers, has expanded the service lines available for Kyiv residents and launched the UberBlack premium service. Uber General Manager for Ukraine, Azerbaijan, Belarus and Kazakhstan Alexei Stakh said that the service focused on clients who wanted to travel the city…