Business

Business

New Ukrzaliznytsia head wants to divide Ukrzaliznytsia into four companies, change corporate structure

The new head of JSC Ukrzaliznytsia Volodymyr Zhmak wants to separate four vertically-integrated business units in Ukrzaliznytsia: freight, passenger, infrastructure and container transportation. "I would like to single out four vertically integrated business units in Ukrzaliznytsia, with separate balance sheets…

Read MoreNew Ukrzaliznytsia head wants to divide Ukrzaliznytsia into four companies, change corporate structure

Economy ministry improves inflation forecast for 2020 to 5.9%, expects average hryvnia exchange rate at UAH 27/$1

The Ministry of Economic Development, Trade and Agriculture of Ukraine improved the inflation forecast for 2020 to 5.9% December over December, while in the macroeconomic forecast approved in March, this indicator was at the level of 11.6%, according to the…

Read MoreEconomy ministry improves inflation forecast for 2020 to 5.9%, expects average hryvnia exchange rate at UAH 27/$1