The decision on allocation of additional funding in the amount of 15-20 billion UAH for the road sector will be made in 2017, President of Ukraine Petro Poroshenko has said. “This year 10 times more roads have been built than in 2015. Not 10% but 10 times more, and I emphasize the decision on allocation…
Public joint-stock company Ukrzaliznytsia would see some 300 million UAH in profit in 2016, Ukrzaliznytsia Board Chairman Wojciech Balczun has said. “I think that in 2016 we would see profit of near 300 million UAH”, he wrote on his Facebook page. He said that earlier the financial plan for 2016 was revised. The number of…
Acting head of the State Automobile Roads Agency of Ukraine (Ukravtodor) Slawomir Nowak has said that Poland’s experience in reforming the road sector would suit Ukraine. “I would back on my experience in Poland. I think the ‘copy-paste’ policy would work here”, he said at a meeting at the American Chamber of Commerce in Kyiv.…
Kernel, Ukraine’s major farming holding, is planning to kick off the construction of a new grain terminal in Chornomorsk as soon as in the coming months, the company’s management said. The terminal is designed to handle 4 MMT of grain a year. The investment amount is projected at $100 million. The construction of the facility…
On December 20, Air Manas will carry out its first flight from the Bishkek’s Manas International Airport to the airport in Zhukovsky, Russia. The Zhukovsky Airport, or the Ramenskoye Airport, is located in the town of Zhukovsky, 3 km to the south-west from the railway platform “42 km”, and 36 km (public roads) from the…
In the current season of 2016/2017 Ukraine’s grain market has faced a shortage of rolling stock for transporting grain freights. However, while the transport shortage was previously associated with a lack of railcars, the availability of trucks has also become an acute problem now. The logistical difficulties in Ukraine have already caused changes in the…
Ukraine’s seaports handled 4.22 MMT of vegoils in January-November, up by 16.9% YoY (3.61 MMT). The greatest handling volumes were accounted for by the following ports: Mykolaiv (1.78 MMT), Chornomorsk (1.19 MMT), Yuzhny (0.94 MMT), Odessa (0.11 MMT) and Mariupol (0.07 MMT). Ukraine’s ports handled 34.986 MMT of grains in January-November, up by 6.3% YoY…