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Archive For: Investment

US General Electric and Ukrzaliznytsia sign $1 billion, 10-year deal

US General Electric and Ukrzaliznytsia sign $1 billion, 10-year deal

U.S. multinational conglomerate General Electric finally struck a deal with Ukraine’s railway monopoly Ukrzaliznytsia with the official signing of a $1 billion contract between the two in Kyiv on Feb. 23. The deal foresees Ukrzaliznytsia purchasing 200 locomotives from General Electric’s Pennsylvania plant and the modernization of 75 of its own locomotives at a cost ... Read More
 
Ukraine House Davos succeeds, gives hope for new investment

Ukraine House Davos succeeds, gives hope for new investment

The first-ever conference venue Ukraine House Davos turned out to be a success, welcoming more than 5,000 investors, top executives, activists, politicians and other visitors during its five-day run on the sidelines of the World Economic Forum in Switzerland. The event, which ran from Jan. 22–26, featured panel discussions, receptions and speeches promoting the country’s ... Read More
 
EBRD supports electrification of Ukrainian railways

EBRD supports electrification of Ukrainian railways

By Anton Usov Project to improve connectivity between industrial and agricultural areas and key ports The EBRD is contributing to the increased efficiency of the Ukrainian railways (UZ) by supporting the electrification and modernisation of a 253 km stretch of railway line in southern Ukraine, which is linking the country’s major industrial and agricultural areas with ... Read More
 
Key business developments ahead for Ukraine in 2018

Key business developments ahead for Ukraine in 2018

By Bermet Talant Here are the Kyiv Post’s picks for some of the most exciting deals and events coming in the first half of 2018: 4G spectrum auction The faster 4G — a dream for Ukrainian mobile operators and their customers — may soon come true. The state regulator finally set the date for the ... Read More
 
Prime Minister: Canadian business should be mainstreaming Ukraine as a market for new opportunities

Prime Minister: Canadian business should be mainstreaming Ukraine as a market for new opportunities

Ukraine is becoming a market of new opportunities and has every chance to join the list of the most dynamic economies in Europe, hence the Canadian business should be mainstreaming our state. This was stated by Prime Minister of Ukraine Volodymyr Groysman during the Ukrainian-Canadian Business Forum held in Toronto. “I discover Canada these days, ... Read More
 
Investors ready to support Dnipro river development

Investors ready to support Dnipro river development

The EBRD and EIB intend to invest up to 50 million euro in the development of the Dnipro river as transport route. The institutions announced this yesterday at the conference ‘Dnipro as European Waterway’, hosted by the Netherlands embassy in Kyiv and the Ministry of Infrastructure of Ukraine. During the conference, taking its participants to ... Read More
 
South Korea plans to invest in 4G and 5G development in Ukraine

South Korea plans to invest in 4G and 5G development in Ukraine

The Republic of Korea announced plans to invest in the development of digital infrastructure for 4G and 5G network capability in Ukraine. This was reported by the Press Service of the Ministry of Economic Development after the meeting of First Vice Prime Minister of Ukraine Stepan Kubiv with Korean Ambassador Li Yang Gu and representatives ... Read More
 
Ukrainian Railways plans five-year investment program

Ukrainian Railways plans five-year investment program

Ukraine’s state-owned JSC Ukrzaliznytsia railways operator has presented its five-year development strategy for 2017-21, which includes investment of UAH 130 billion to UAH 150 billion, and the formation of five business sectors: freight transport and logistics, passenger transport, infrastructure, traction services, manufacturing and services, according to the Railway Gazette. In the freight sector, Ukrzaliznytsia plans ... Read More