State mail company Ukrposhta has launched a pilot project to equip mail carriers with electric bikes, the company’s head Ihor Smelyansky said in a post on Facebook on March 7. “At Ukrposhta, we’d like to have not only happy, but also modern postmen, so we’re launching a pilot project called ‘Mail Carriers on Electric Bikes,’” Smelyansky said. … Read more
By the end of 2023, JSC Ukrazaliznytsia can create a cargo carrier company that will work in the field of cargo transportation in Europe, Oleksandr Kamyshin, Ukrzaliznytsia board chairman, told Interfax-Ukraine. “It’s true, we must develop a European carrier in both passenger and freight traffic. We have shown that we can be effective, and those … Read more
Cyprus T.A.S. Overseas Investments Limited from Sergiy Tigipko’s TAS Group intends to acquire over 25% in Austrian TransAnt GmbH (Linz), a joint venture (JV) established by Austrian ÖBB Rail Cargo Group and voestalpine Stahl GmbH to produce innovative and cost-effective railway freight cars. According to a message of the Antimonopoly Committee of Ukraine (AMCU) on … Read more
Fitch Ratings has downgraded JSC Ukrainian Railways (Ukrzaliznytsia, UR) Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘Restricted Default’ (RD) from ‘C’ following the execution of the consent solicitation to defer its debt servicing of its US dollar loan participation notes (LPN) maturing in 2024 and 2026. Fitch views the consent solicitation as a distressed debt … Read more
Nova Poshta has adapted to work in the conditions of full-scale Russian aggression and has already reached the indicator of the volume of shipments of 95% of the pre-war level, in 2023 it intends not to slow down the pace of development by opening new branches, and also to complete the construction of two sorting … Read more
Supernova Airlines, part of the Nova Poshta group of companies, received a Ukrainian air operator certificate on January 6, which makes it possible to start cargo flights, the Nova Poshta press service reported. “We are the first Ukrainian carrier that was able to fulfill all the requirements and received an air operator’s certificate in the … Read more
The state rail company Ukrzaliznytsia transported 150.58 million tons of cargo, according to operational data for 2022, which is 52.1% less than in 2021, RAIL.insider reported on Jan. 5. The results of the year were discussed during an online meeting of Ukrzaliznytsia with participants in the agricultural transportation market on Jan. 5. “Cargo transportation almost halved in … Read more
Ukrzaliznytsia, Ukraine’s national railway operator, has successfully restructured payments for two issues of Eurobonds for a total of $895 million, Ukraine’s Minister of Development of Communities, Territories, and Infrastructure, Oleksandr Kubrakov, wrote on Facebook on Dec. 22. “Today, Ukrzaliznytsia successfully completed the voting procedure of holders for the restructuring of payments for two issues of … Read more
Nova Poshta, whose two depots have been significantly damaged by Russian drones over the past three weeks, has resumed major construction projects begun before the war, Viacheslav Klimov, the co-owner of the postal operator, said. “Even before the war, we launched our large construction projects, now we have resumed them and are building very quickly,” … Read more
From September 1, 2022, Ukrainian transport companies will be able to enter the Republic of Moldova under the new simplified rules. The relevant statement was made by the Ukrainian Infrastructure Ministry on Facebook. “From September 1, 2022, Ukrainian carriers will be able to enter the Republic of Moldova under the new simplified rules. The team of … Read more