Business news from Ukraine

UKRZALIZNYTSIA TO RECEIVE UAH 1 BLN TO REPAIR AND BUY NEW DIESEL TRAINS BY LATE 2015 – YATSENIUK

5 October , 2015  

KYIV. Oct 5 (Interfax-Ukraine) – Ukrainian Prime Minister Arseniy Yatseniuk has said that the government is providing UAH 1 billion for the needs of the State Railway Administration of Ukraine (Ukrzaliznytsia) by the end of this year.

“The general investment plan of Ukrzaliznytsia was UAH 2.4 billion. We add another UAH 1 billion by the end of this year. UAH 1 billion will be sent to buy new tracks, repair existing rolling stock and buy diesel trains,” the prime minister said on Saturday in Chernivtsi during the ceremony to launch the regional express train from Chernivtsi to Lviv, the government’s press service has reported.