PKPCargo

Wednesday, April 19

Ukrainian Railways has limited the transportation of several types of agricultural products to Poland. The state railroad company published a conventional ban on transporting a wide range of farm products to Polish railways from April 17 to June 30. The ban applies to cereals and legumes, seeds, starch...

Thursday, February 18

With China accounting for 80% of rare-earth imports into the U.S., Ukraine could benefit from Washington’s growing nervousness about supplies, With China accounting for 80% of rare-earth imports into the U.S., Ukraine could benefit from Washington’s growing nervousness about supplies, mining experts say. Rare earths are essential for product...

Mining World.com argues Mining World.com argues that Ukrainian miners focus on the easy pickings: vast deposits of high quality iron ore. “Ukraine is developing its raw material potential one-sidedly,” reports the website. “...

“Ukraine harbors significant reserves of non-ferrous and rare-earth “Ukraine harbors significant reserves of non-ferrous and rare-earth metals including unique deposits of beryllium, zirconium, tantalum, and a complex of phosphoric rare-earth and rare-metal ores,” rep...

“Deposits of less-common metals and rare-earth group are of special value,” “Deposits of less-common metals and rare-earth group are of special value,” reads the World Data Center’s National Atlas of Ukraine. “Geologists have [mapped the] Perha deposit of beryllium in Zhytomy...

A Japan-Ukraine free trade pact and cooperation between the Japan Space Agency and Dnipro’s Pivdenne Design Bureau are on the horizon for the 2020s A Japan-Ukraine free trade pact and cooperation between the Japan Space Agency and Dnipro’s Pivdenne Design Bureau are on the horizon for the 2020s, Serhiy Korsunsky, Ukraine’s Ambassador to Japan sai...

Canada and Ukraine plan to start talks this year to expand the 2017 Canada-Ukraine Free Trade Agreement to cover services and investments, Canada and Ukraine plan to start talks this year to expand the 2017 Canada-Ukraine Free Trade Agreement to cover services and investments, Ukraine’s Foreign Ministry reports. On Tuesday, Marc Garneau,...

The Biden Administration “is reviewing US policy” toward Nord Stream 2 The Biden Administration “is reviewing US policy” toward Nord Stream 2, while letting a deadline for more sanctions to pass on Tuesday, The Wall Street Journal reported yesterday from Washington. With...

Timothy Ash writes of compromise solutions aired in the last two days: Timothy Ash writes of compromise solutions aired in the last two days: “These are not solutions but rather “sell outs” when viewed from Ukrainian perspective, which would bring the pipeline on stream....

With train passenger rider volumes at half the levels of one year ago, Ukrzaliznytsia plans to lay off 30,000 workers, about 11% of the 260,000 total With train passenger rider volumes at half the levels of one year ago, Ukrzaliznytsia plans to lay off 30,000 workers, about 11% of the 260,000 total, Vadim Bubnyak, chairman of the Trade Union of Rai...

Aiming to introduce Wi-Fi Internet on all intercity trains Aiming to introduce Wi-Fi Internet on all intercity trains, Ukrzaliznytsia plans to launch a pilot project shortly on one of the most popular routes – Kyiv-Kharkiv-Kyiv, announces Volodymyr Reznik, th...

Offering Ukraine as a transport corridor for shipment of goods between Turkey and Sweden Offering Ukraine as a transport corridor for shipment of goods between Turkey and Sweden, Ukrzaliznytsia has proposed specific routes, Edwin Berzins, head of the railroad’s Liski terminal in Kyiv, tol...

Poland’s PKP Cargo wants to develop a border terminal at Medyk as a transit point for Europe’s East-West trade with China Poland’s PKP Cargo wants to develop a border terminal at Medyk as a transit point for Europe’s East-West trade with China. Located three kilometers west of Lviv oblast, the Polish terminal has two par...

China surpassed the U.S. last year as the EU’s top trading partner, China surpassed the U.S. last year as the EU’s top trading partner, Eurostat, the EU’s statistical office, reported Monday. “In 2020, China was the EU’s main partner,” the agency reported....

Metinvest, Ukraine’s largest private company, plans to increase its capital expenditures this year by about 25% yoy, to $800-850 million, Metinvest, Ukraine’s largest private company, plans to increase its capital expenditures this year by about 25% yoy, to $800-850 million, Oleksandr Lyubarev, corporate finance and treasury director, s...

Dragon Capital writes: Dragon Capital writes: “Metinvest’s 2020 results were expectedly strong thanks to a surge in iron ore and steel prices in 2H20…During the call, management sounded optimistic about the prospects for 20...

Friday, January 29

President Zelenskiy yesterday failed for second time in one month to muster enough Rada votes to make Yuriy Vitrenko Energy Minister President Zelenskiy yesterday failed for second time in one month to muster enough Rada votes to make Yuriy Vitrenko Energy Minister. Although Zelenskiy’s Servant of the People has a majority in parli...

Timothy Ash writes Timothy Ash writes: “This is a reflection of Vitrenko’s background as a proven reformer, and strong adherent to market principles, plus also opposition from oligarchic business groups in the Rada…unde...

The IMF mission will extend its online review of Ukraine’s $5 billion program for another 10 days The IMF mission will extend its online review of Ukraine’s $5 billion program for another 10 days, reports Interfax-Ukraine. “It’s crucial for us to stay within the IMF program,” Finance Minister Serh...

Real wages rose by 10% last year, compared to 2019 Real wages rose by 10% last year, compared to 2019, reports the State Statistics Service. In nominal terms – without adjustments for inflation – December’s average salary was up 15.6% yoy. Nationwide,...

Kyiv had the highest salaries — $775 – Kyiv had the highest salaries — $775 – double the level of Chernihiv, its north eastern neighbor. Chernihiv, had the nation’s lowest — $390. The regions with fastest growing salaries last ...

Ukrainian companies transported 11% less cargo last year compared to 2019 Ukrainian companies transported 11% less cargo last year compared to 2019, reports the State Statistics Service. Of the 600 million tons, Ukrzaliznytsia carried slightly over half – 305.5 million tons...

Passenger transportation dropped in half last year Passenger transportation dropped in half last year, reports the State Statistics Service. Of the 54% yoy drop, the biggest was air travel, down 64%. Train travel was down 63%. Car, bus and city transp...

Kyiv Sikorsky, Ukraine’s second busiest airport, saw its traffic plunge by 63% last year Kyiv Sikorsky, Ukraine’s second busiest airport, saw its traffic plunge by 63% last year, compared to 2019, the airport reports. Heavily dependent on Wizz Air and on charter flights, the airport recor...

Air traffic in and out of Kharkiv, Ukraine’s second largest city, dropped by 51% last year Air traffic in and out of Kharkiv, Ukraine’s second largest city, dropped by 51% last year, slightly better than the nationwide drop of 64%, reported the Center for Transportation Strategies. Worldwid...

The number of Ukrainian tourists traveling abroad during the pandemic dropped by 70% — from 2.5 million in 2019 to 750,000 in 2020, The number of Ukrainian tourists traveling abroad during the pandemic dropped by 70% — from 2.5 million in 2019 to 750,000 in 2020, Pavlo Hryhorash, chief executive of Ukraine’s Travel Agencies Associ...

Hotel, restaurants, bar and ‘creative industries’ lost about $3 billion Hotel, restaurants, bar and ‘creative industries’ lost about $3 billion since coronavirus control were first imposed, in mid-March, says Kyrylo Kryvolap, coordinator of working group to develop the Na...

In a bold bid for China-EU rail traffic, Poland’s PKP Cargo plans to invest $1 billion in a village on the border with Belarus In a bold bid for China-EU rail traffic, Poland’s PKP Cargo plans to invest $1 billion in a village on the border with Belarus to create what the state company calls Europe’s largest and most modern a...

Facing collapsing demand, two thirds of Ukrainian hotels cut room prices last year Facing collapsing demand, two thirds of Ukrainian hotels cut room prices last year, according to a 122 3-star hotels survey by the Association of Hotels and Resorts of Ukraine. Other responses include...

PKP’s announcement is the latest China-oriented logistics investment planned for the 600 km Brest to Chop fault line PKP’s announcement is the latest China-oriented logistics investment planned for the 600 km Brest to Chop fault line that marks the rail gauge break between Soviet broad gauge and EU narrow gauge. Pro...

Ukrainian resort hotels were almost entirely occupied during the Christmas-New Year holidays Ukrainian resort hotels were almost entirely occupied during the Christmas-New Year holidays, Artur Lupashko, founder of the Ribas Hotels Group hotel chain, tells Interfax-Ukraine. Bukovel, the Carpat...

In Ukraine In Ukraine, electrification of the 95 km stretches of track between Kovel, Volyn’s rail hub and the Polish border was discussed yesterday in an online meeting between Infrastructure Minister Vladyslav...

UIA resume flights between Tbilisi and Kyiv Boryspil on Sunday UIA resume flights between Tbilisi and Kyiv Boryspil on Sunday. The resumption of twice a week flights comes as Georgia reopens on Monday to all airlines flying to Georgia. Tourism, a key component of...

Slovakia Slovakia intends to turn its existing rail freight marshalling yard at Dobrá into a major East-West logistics hub. The Czech rail company Metrans already sends trains from China to Dobrá, which is thr...

In Hungary In Hungary, work has started on a $75 million road and rail hub in Fényeslitke, 25 km south of Chop. Capable of handling 1 million TEU containers a year, the East-West Gate will take advantage of a sp...