Business news from Ukraine

Business news from Ukraine

POROSHENKO MEETS WITH LEADERS OF GENERAL ELECTRIC, SUMITOMO AND MARUBENI

25 May , 2018  

President of Ukraine Petro Poroshenko has held a meeting with the management of General Electric, Sumitomo and Marubeni prior the meeting of the National Investment Council on Friday.
They discussed the implementation of the contract concluded at the beginning of the year between PJSC Ukrzaliznytsya, PJSC Ukreximbank and General Electric U.S. regarding procurement, modernization and leasing of locomotives, the presidential press service reported.
The president informed of the opening of the Beskydsky railway tunnel, which will expand Ukraine’s transport and export opportunities.
General Electric Vice President Jamie Miller praised the course of reforms in Ukraine that contribute to the country’s development.
The parties discussed the participation of General Electric in the implementation of other projects, in particular, rural medicine project.
He also met with leaders of the Japanese companies Sumitomo and Marubeni.
The president noted the effective cooperation between Ukraine and Japan.
Poroshenko thanked the Japanese side for its large-scale projects, including the construction of the Boryspil Airport and the reconstruction of the Bortnychi aeration station.
The president separately noted the assistance of the Japanese side in implementing a number of humanitarian projects in Donbas.
The parties also discussed the issues of cooperation in the field of nuclear safety, energy saving technologies and infrastructure projects.

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