Europe’s largest railway terminal being built on Hungarian-Ukrainian border

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Construction of Europe’s largest intermodal combined railway terminal, East-West Gate (EWG), has begun near the Hungarian-Ukrainian border in Fényeslitke, Hungary. The Hungarian news agency Pressinform reports. “Construction of the largest and most modern combined intermodal railway terminal has begun at the gates of the European Union in Fényeslitke (Hungary), near the Hungarian-Ukrainian border,” the statement … Read more

Ukreximbank provides Antonov with almost UAH 3 bln for construction of three An-178 aircraft for army

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The state-owned Ukreximbank (Kyiv) has provided the Antonov State Enterprise with almost UAH 3 billion of loan for the construction of three An-178 aircraft for the Ukrainian army, Chairman of the Management Board Yevhen Metzger said. “The state-owned Ukreximbank signed a loan agreement with […] the Antonov State Enterprise for almost UAH 3 billion, which … Read more

Airport Lviv cuts passenger traffic by 60%, increases cargo traffic 2.2-fold in 2020

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nternational airport Lviv in 2020 reduced passenger traffic to 878,500 people, which is 60% less than in 2019 (2.218 million people). The relevant information was provided to Interfax-Ukraine by the press service of the airport. According to its data, in December 2020 the passenger traffic amounted to 47,900 people (171,900 in December 2019). In general, … Read more

Chinese investors, Yaroslavsky’s MS-4 convene meeting of Motor Sich shareholders for Jan 31

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Skyrizon Aircraft Holdings Limited (the British Virgin Islands) of Chinese investors and MS-4 LLC (Kharkiv) of Ukrainian businessman Oleksandr Yaroslavsky, as the owners of more than 10% of the shares, convene an extraordinary meeting of PJSC Motor Sich (Zaporizhia) on January 31. According to the information disclosure system of the National Securities and Stock Market … Read more

Ukraine won’t use components from Russia during reconstruction of GTSOU – operator head

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Ukrainian gas transmission system (GTSOU) LLC does not plan to use components produced in the Russian Federation within the framework of the large-scale reconstruction of the gas transmission system planned for the next five years, said Head of Gas Transmission System Operator of Ukraine LLC (GTSOU) Serhiy Makogon. “Unfortunately, a significant number of gas pumping … Read more

Defense Ministry signs contract with Luch Design Bureau on delivery of Neptune missile systems

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Kyiv-based Luch State Design Bureau, an affiliate of Ukroboronprom, and the Ukrainian Defense Ministry have signed a contract to deliver RK-360 Neptune coastal missile systems to the Ukrainian Armed Forces in 2021 as part of the state defense order. “Under the contract, the Ukrainian army will receive unified launchers, transport and transport-loading vehicles, as well … Read more

Cabinet approves texts of seven hydrocarbon PSAs

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The Cabinet of Ministers of Ukraine at the Monday meeting approved the texts of seven production sharing agreements (PSA) for the production of hydrocarbons in the country. “The draft directives propose to approve the final version of the production sharing agreements, authorize Deputy Energy Minister Yuriy Boiko for signing, and determine the State Service of … Read more

Big Construction roads to always be free – Ukravtodor

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Ukravtodor (the State Automobile Roads Agency of Ukraine) denies information that a number of roads, renovated and built as part of the Big Construction, will soon become toll roads, the ministry’s press service reports on Facebook. “On December 23, 2020, at a government meeting, a resolution was approved that sets the maximum amount of payment … Read more

Ukraine launches an export web portal with tips and services for exporters

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The Unified Export Web Portal has appeared on the Diia.Business platform. It is already running in test mode at the link. This is a “single window” that consolidates and merges all available information for exporters and companies interested in exports, the Ministry of Digital Transformation reports. Export web platforms are effective tools used by governments … Read more