Business news from Ukraine


24 April , 2022  

Ukraine and Poland will create a joint logistics venture designed to dramatically increase the volume of rail transportation of Ukrainian exports to the EU and to world markets through Europe, Ukrzaliznytsia said on Saturday evening. The corresponding memorandum was signed on that day by the prime ministers of the two countries Denis Szmigal and Mateusz Morawiecki in Krakow.
Ukrzaliznytsia noted that the creation of such a joint venture is the answer of the railway workers to the challenges posed by Russia’s aggression to both countries. In particular, we are talking about the need to expand railroads for goods that cannot be delivered through ports blocked by the Russians and part of the railway network of Ukraine, which today no longer has links with Russia and Belarus.
“We started preparing the concept of a joint venture with our Polish colleagues as early as a week after the start of the war. Combining the experience and knowledge of Ukrzaliznytsia managers and Polish colleagues will allow us to formulate unique logistics proposals for the European and world market, which refuses Russian deliveries and Russian logistics,” the statement says. in the release of the words of the head of the board of the company Alexander Kamyshina.
The parties also agreed to work together to increase cargo transportation across the western border of Ukraine, jointly solving technical and organizational problems: various customs rules, the use of different railway lines, and the search for free rolling stock.

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