Business news from Ukraine

“Ukrzaliznytsia” (UZ), the monopoly state railway operator, together with consulting company Deloitte is working on a development strategy until 2030, which will be presented during the next quarter for public discussion, said a member of the supervisory board of UZ, presidential advisor on strategic issues Alexander Kamyshyn.

“I want business to understand, take part in its formation and then understand where this industry is moving. Because Ukrzaliznytsia is not just a company, it is an industry. And that is why this strategy will be discussed publicly and adopted publicly,” he said at the Infrastructure Day organized by the European Business Association in Kiev this week.
Kamyshyn also noted that together with the new team of the Ministry of Development of Communities, Territories and Infrastructure, a draft law on reforming the railroad industry was introduced, which gives seven years for this purpose.
At the same time, according to a member of the UZ nabsovet, who not so long ago led the railroad operator as head of the board, the process of reforming Ukrzaliznytsia continues now. He specified, in particular, that today the next two companies are next in line to be separated within the internal organizational structure of UZ.
“All the necessary amount of work that needs to be done at the level of Ukrzaliznytsia, in order to reform, will be done”, – said Kamyshyn.
He noted that he will be an active member of the supervisory board of UZ.
“For me, the main focus is to return the pace of development of the railroad and show everyone that the railroad can move fast and develop quickly,” – said the Presidential Advisor on strategic issues.