European Bank for Reconstruction and Development Signs Agreement with Ukrzaliznytsia
An agreement will provide the public joint-stock corporation Ukrzaliznytsia with $150 million. The money will be spent mostly to buy freight wagons
Photo from Ukrinform – UATV
On Friday, the European Bank for Reconstruction and Development and the state-owned Ukrainian company Ukrzaliznytsia signed an agreement for a $150 million investment plan.
“The plan will help to renew and modernize the freight rail fleet in Ukraine. It is also one of the steps of a long-term plan to transform the state-owned enterprise into a private company,” Chairman of the Board Yevgeniy Kravtsov wrote on his Facebook.