Business news from Ukraine

Business news from Ukraine

UKRAINE INTERNATIONAL AIRLINES TERMINATES WORK OF OFFICE IN MOSCOW

15 June , 2021  

Ukraine International Airlines (UIA, Kyiv) has decided to terminate its branch in the Russian Federation, located in Moscow.
According to the airline’s message in the information disclosure system of the National Securities and Stock Market Commission, this decision was made by the Supervisory Board in connection with the reduction of the staff of UIA and the reduction in costs for representative offices.
As reported, in September 2020, UIA ceased operations of its divisions in Turkmenistan, Uzbekistan and Belarus, and in October – in Switzerland, Spain, Italy, Germany and Austria.
In June this year, UIA decided to close its representative office in China.

, ,