New Beskydsky tunnel to be opened on May 25

Ukrzaliznytsia plans to finish construction of the new Beskydsky tunnel on May 25, 2018 and starts new large-scale infrastructure projects for over UAH 10 billion, Ukrzaliznytsia acting Board Chairman Yevhen Kravtsov has said. “We plan to finish the project, which was to be completed this autumn, earlier. The Beskydsky tunnel is to be opened on … Read more

Boryspil airport introduces new discounts for airport charges

State-owned enterprise Boryspil International Airport (Kyiv), the largest airport of the country, has introduced new discounts for airport charges. According to the document posted on the airport’s website, it is intended to increase competitiveness of the Boryspil airport, boost passenger flow and airport’s revenue, expand the flight network and attract new carriers to the airport, … Read more

Ukrzaliznytsia together with Maersk and TIS open regular route for container train

The joint project of PJSC Ukrzaliznytsia represented by the branch Lisky, Maersk Line and TIS LLC (Odesa region) – a container train that runs from the Kyiv-Lisky station to the Chornomorska station (TIS) at Yuzhny port – was launched on January 31. According to an Interfax-Ukraine correspondent, Ukrzaliznytsia Acting Chairman Yevhen Kravtsov, State Secretary of … Read more

WizzAir raises traffic on Ukrainian flights by almost 65% in 2017

Hungarian low cost airline WizzAir in 2017 transported more than 685,000 passengers to/from Kyiv and Lviv, which is 64% more than in 2016, according to a press release from the company. “The first international flight of WizzAir departed from Kyiv to London in 2008. Since then, the company remains faithful to Ukrainian passengers, offering more … Read more

Antonov Airlines will provide transportation of missile components to Cape Canaveral for U.S. SpaceX

Antonov Airlines, one of the world’s leading operators of heavy-duty An-124-100 Ruslan aircraft with a cargo capacity of 150 tonnes, will provide transportation of missile components from Los Angeles to the spaceport at Cape Canaveral (the United States) in the interests of the U.S. SpaceX. According to the application of the Ukrainian operator, posted on … Read more

KCBW almost doubles sales in 2017

Kriukov Car Building Works (KCBW, Poltava region) in 2017, according to live data, increased sales of products by 1.8 times compared to 2016, to UAH 3.6 billion, according to the website of the plant. According to the report, over the past year the plant sold more than 2,000 freight cars, which is 30% more than … Read more

Antonov state enterprise sees 60% fall in net profit in Jan-Sept

Antonov State Enterprise (Kyiv) saw a 60.31% fall in net profit under Ukrainian accounting standards in January-September 2017 year-over-year, to UAH 28.78 million. According to a financial report posted on the enterprise’s website, net revenue over the period grew by 56.71%, to UAH 3.737 billion. The company said that in January-June 2017 net profit narrowed … Read more

Ukrzaliznytsia reduces total debt by 8.7% in Jan-Sept

Public joint-stock company Ukrzaliznytsia reduced total debt by 8.7% in January-September 2017, according to the company’s presentation posted on its website. Ukrzaliznytsia also said that a moratorium to pay debts to creditors applied to the debt of Donetsk Railways branch. The debt to one financial institution has not yet been settled. The company has an … Read more

Ukrtatnafta demands declaring Dniproavia bankrupt

The Economic Court of Dnipropetrovsk region will consider the application of PJSC Ukrtatnafta (Kremenchuk, Poltava region) to declare PJSC Dniproavia airline bankrupt. According to a report on the court’s website, the application will be considered on October 23, 2017. The court in September 2016 decided to recover a debt of UAH 163 million from Dniproavia … Read more