Nova Poshta ups standalone profit by 20.1% while reducing net profit by 38.1% in H1 2024

Nova Poshta LLC increased its standalone net income in the first half of 2024 by 20.1%, to UAH 20.12 billion, however, the company’s net profit decreased by 38.1%, to UAH 1.49 billion. According to the data of unconsolidated reporting, published in the information disclosure system of the National Securities and Stock Market Commission on Wednesday, … Read more

Romania intends to increase transit of Ukrainian grain along Danube corridor

Romania will continue its efforts to increase the volume of Ukrainian grain passing through the Danube Corridor by increasing transport capacity and upgrading infrastructure, Romanian Foreign Minister Luminița Odobescu said. As Odobescu said at a joint press conference with Moldovan and Ukrainian colleagues following the results of the trilateral meeting in Chisinau on Friday, the … Read more

Ukrzaliznytsia launches container, piggyback trains to German port of Duisberg

Ukrzaliznytsia plans to launch regular container and piggyback trains between Ukraine and the largest inland river port in Europe, Duisburg (Germany), the company’s press service announced. A corresponding memorandum has been signed with Duisburger Hafen Aktiengesellschaft, the owner and operator of the port, according to Ukrzaliznytsia’s statement on Telegram on Tuesday. Thanks to cooperation with … Read more

Poland grants Ukrzaliznytsia license for freight transport

State-owned railway company Ukrzaliznytsia has been granted a license by the Polish Railway Transport Authority, allowing it to enter the European railway freight transportation market, the company announced on June 27. Ukraine’s airspace has been closed since February 2022 due to Russia’s full-scale invasion, giving rail transport a crucial role in transporting goods and passengers … Read more

Ukraine, EU to extend transport visa-free travel for another year

The Cabinet of Ministers supported the proposal of Ukrainian President Volodymyr Zelenskyy to identify authorized persons to sign an agreement on transport visa-free travel. According to representative of the Cabinet of Ministers in the Verkhovna Rada Taras Melnychuk, the agreement will be extended for another year – until the end of June 2025. “Ukraine and … Read more

European Union extends TEN-T transport corridors to Ukraine: final decision

The Council of the European Union on Thursday adopted the final decision regarding the revision of plans for the development of the Trans-European Transport Network TEN-T. They provide for the extension of four transport corridors to Ukraine and Moldova and a reduction in the level of cross-border connections with Russia and Belarus, the press service … Read more