Business news from Ukraine

Business news from Ukraine

In Fastiv, creation of “Platform of Unity” based on rebuilt railway station was discussed

During the Fastiv Forum on Unity and Security Solutions, the initiative to create a socio-cultural complex called “Platform of Unity” was discussed. This would be a space for continuous work on uniting Ukrainian society.

One of the key elements of the initiative is the reconstruction of the Fastiv railway station complex and rethinking its role as a space for communication, historical memory, and modern dialogue.

The forum participants emphasized that in wartime, any management, infrastructure, and social decisions must be made with security in mind—whether the decision enhances security or creates additional risks.

The event featured five panel discussions with the participation of representatives of the Verkhovna Rada of Ukraine, state authorities, local self-government, the scientific community, public organizations, international partners, and experts in the fields of security, culture, and restoration.

The discussions culminated in the signing of a Declaration of Unity—a joint position of the forum participants, representatives of government bodies, and diplomatic missions on the need to consolidate efforts to rebuild the Fastiv railway station and create the Platform of Unity socio-cultural complex.

Among the initiators and participants of the forum were People’s Deputy Oleg Dunda, Deputy Minister of Social Policy Ilona Gavronska, representatives of the Verkhovna Rada of Ukraine, Taras Shevchenko National University of Kyiv, V. M. Korets Institute of State and Law of the National Academy of Sciences of Ukraine, Kyiv National University of Construction and Architecture, National Institute for Strategic Studies, World Congress of Ukrainians, Association of Ukrainian Lawyers, diplomatic missions, and experts in the fields of security, culture, and reconstruction. Korets Institute of State and Law of the National Academy of Sciences of Ukraine, Kyiv National University of Construction and Architecture, the National Institute for Strategic Studies, the World Congress of Ukrainians, the Ukrainian Bar Association, diplomatic missions of Lithuania, as well as the Donetsk Regional State Administration, Chuhuiv and Berdiansk City Councils, and other partners.

The forum participants thanked the residents of Fastiv for their support and the Armed Forces of Ukraine for ensuring the stability of the state and countering Russian aggression.

Interfax-Ukraine was the information partner of the event.

Source: https://interfax.com.ua/news/press-release/1140144.html

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Lemtran and Rail Trans Investment have invested $7 mln in first phase of Fastiv container terminal

The transport and logistics group Lemtrans (Kyiv), together with Rail Trans Investment (Odesa), has completed the first phase of construction of the Fastiv container terminal, investing approximately $7 million in the first phase.

According to the company’s press release on Friday, two new railway tracks and a container yard capable of storing up to 1,350 TEU have been fully equipped as part of the project.
The company emphasizes that, in line with its growth strategy, the terminal’s throughput capacity is expected to reach 55,000 TEU.

“The completed railway infrastructure allows the terminal to accept full-length trains, which contributes to efficient loading and unloading operations,” Lemtrans emphasized.
It is noted that the terminal offers services such as a container depot and transportation organization, stowage of various categories of cargo (grain, oil, equipment, cars), as well as a customs zone and brokerage services.

In addition, its location makes it possible to organize regular container trains to Odessa and European ports, including Gdansk, Hamburg, Trieste, and others.

According to information from YouControl, Fastiv Container Terminal LLC was registered in 2020 and is owned on a parity basis by Lemtrans, Ukraine’s largest private freight operator, part of Rinat Akhmetov’s SCM Group, and Rail Trans Investment, owned by Oleksandr Prymak.

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“Lemtrans” to build container terminal in Fastiv

Lemtrans, Ukraine’s largest private rail transportation operator, plans to build a container terminal in Fastiv (Kyiv region), the company’s website reports.

“The terminal in Fastiv will be a strategic link in the development of transport logistics in the region. The project will help optimize logistics chains, expand export opportunities for Ukrainian producers and create conditions for the integration of local businesses into global trade,” said Oleksandr Tkachuk, Director of Terminal Network Development at Levada Cargo.

The company added that in 2024 it invested UAH 478 million in logistics and infrastructure projects, which is three times more than in 2023. The main emphasis was placed on the development of the terminal and container business, where the amount of investment amounted to UAH 441 million.

In September 2024, Lemtrans Group completed the first stage of construction and opened the Vinnytsia Container Terminal (VCT).

As reported, the total volume of Lemtrans transportation in 2024 amounted to 15.9 million tons, which is 6% less than in 2023.

Based on the results of their activities in 2024, the companies of the Lemtrans group transferred more than UAH 712 million in taxes and fees to the budgets of all levels. “In 2024, Lemtrans transferred about UAH 647 million to the state budget. Local budgets were replenished by UAH 66 million. In addition, Lemtrans Group paid over UAH 59 million in unified social tax.

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