Yuryk’s predecessor, Volodymyr Zhmak, was fired in March for giving Rinat Akhmetov’s Metinvest Shipping a 38% discount on a 3-year lease on 9,000 freight cars

Monday, May 24, 2021

, reports the Kyiv Post. Zhmak and Metinvest did not give their version. President Zelenskiy said Thursday that railroad freight rates will rise to international levels. The price for iron ore, a major Metinvest export, has doubled over the last year.

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Ukrzaliznytsia has identified 182 non-core assets to sell as the state railroad looks for ways to turn last year’s loss into a profit this year of around $130 million

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