Ukraine Railways to Spend $1.7 Billion on Investments This Year
Ukrzaliznytsya, Ukraine’s state
owned railway company, plans to spend 14 billion hryvnia ($1.72
billion) on capital investment this year.
The investment includes 6 billion hryvnia for rolling
stock, Ukrzaliznytsya said in a statement on its website today.
Loans will cover 8.4 billion hryvnia of the spending, according
to the company, which is based in the capital city of Kyiv.
Net income this year will reach 496.4 million hryvnia,
Ukrzaliznytsya, said without providing year earlier figures.
To contact the reporter on this story:
Kateryna Choursina in Kyiv at
kchoursina@bloomberg.net
To contact the editor responsible for this story:
James M. Gomez at
jagomez@bloomberg.net
Open all references in tabs: [1 – 7]