Business news from Ukraine

UKRZALIZNYTSIA INTENDS TO BECOME MEMBER OF EBA AND ACC

23 November , 2017  

KYIV. Nov 23 (Interfax-Ukraine) – PJSC Ukrzaliznytsia has expressed its readiness to join the European Business Association (EBA) and the American Chamber of Commerce (ACC).
According to the press service of Ukrzaliznytsia, the company has already applied to these organizations with the relevant letters.
According to management of the company, membership in the EBA and ACC will help build a constructive dialogue with the market participants and defend their own interests in business areas.
According to Andriy Riazantsev, the director on economics and finance at Ukrzaliznytsia, the company is at the final stage of corporatization and the rules and principles of the company management have already been changed.
“At the same time, we expect market participants to change attitude towards the company and perceive it as an equivalent business partner. Therefore the company intends to join these recognized business associations, which will help analyze, forecast, and improve our joint work. We are for ensuring that all participants work in equal conditions, in particular to avoid the situation when one company because of non-market tariffs incurs losses, while the other, due to this, becomes richer,” he said.