Contents tagged with European Bank of Reconstruction and Development

  • The European Bank for Reconstruction and Development called privatization ‘one of the biggest failures’ in Ukraine

    To accelerate economic growth and attract foreign investors, Ukraine needs to unblock the privatization process, stated the managing director of the European Bank for Reconstruction and Development (EBRD) for Eastern Europe and the Caucasus, Francis Malige, reports Interfax-Ukraine.

    According to Malige, the EBRD is still ready to provide technical support and, for certain targets, to act as a buyer of a minority stake. In particular, the bank may be interested in companies in the energy sector, …

  • Ukraine Announces Completion of First Phase of Beskid Tunnel

    The Minister of Infrastructure of Ukraine, Andriy Pyvovarsky, announced on January 21st the completion of the first phase of the new double track Beskidian tunnel construction running from Beskid to Skotarske in the Carpathians. A celebration marking the completion of the first phase was attended by Deputy Prime Minister Gennady Zubko, Deputy Minister of Infrastructure Mykola Snitko and the acting President of PJSC "Ukrainian Railways" Alexander Zavgorodniy.

    The most difficult part of the work …