Ukraine's High Anti-Corruption Court ordered on April 4 the arrest of former Presidential Office advisor Artem Shylo, suspected in a corruption scheme connected to Ukrainian Railways (Ukrzaliznytsia).
Seven people have been listed as suspects in a corruption scheme connected to Ukrainian Railways (Ukrzaliznytsia), the Specialized Anti-Corruption Prosecutor's Office (SAPO) reported on April 3.
Editor’s Note: This is issue 125 of Ukrainian State-Owned Enterprises Weekly, covering events from March 23-29, 2024. The Kyiv Independent is reposting it with permission. Corporate governance of SOEs High Anti-Corruption Court arrests a suspect in absentia in a Ukrzaliznytsia case, the Specialized Anti-Corruption Prosecutor’s Office (SAPO) reported
The case was reported by the National Anti-Corruption Bureau of Ukraine (NABU), but it did not disclose the name of the suspect. Ukrainska Pravda, citing unnamed sources, wrote that it was Artem Shylo, a former advisor to the president's office.
The railway Russia is constructing in the occupied territories of Ukraine, which leads to Crimea, is "a serious challenge" and "an important target" for Kyiv, Andrii Yusov, a spokesperson of Ukraine's military intelligence, said on March 21.
Ukrposhta, Ukraine’s state-owned postal service, was the first to resume operations in the country’s recently liberated cities and villages, delivering packages and much-needed pensions to the most vulnerable. The company is continuing to grow, expand, and digitize its services. Ukraine’s state-owned railway company Ukrzaliznytsia transported 25 million
Editor’s Note: This is issue 121 of Ukrainian State-Owned Enterprises Weekly, covering events from Feb. 24 – March 1, 2024. The Kyiv Independent is reposting it with permission. Corporate governance of SOEs Former Ukrzaliznytsia CEO charged with embezzling Hr 11 million. On Feb. 26, the National Anti-Corruption Bureau of Ukraine
Former chair of Ukrainian Railways (Ukrzaliznytsia) Yevhen Kravtsov has been in charged in connection to an embezzlement case of Hr 11.4 million (around $300,000), Ukrainska Pravda and Forbes Ukraine reported on Feb. 28, citing their sources.
Editor’s Note: This is issue 119 of Ukrainian State-Owned Enterprises Weekly, covering events from Feb. 10-Feb. 16, 2024. The Kyiv Independent is reposting it with permission. Ukrainian SOE Weekly is an independent weekly digest based on a compilation of the most important news related to state-owned enterprises (SOEs) and
State railway operator Ukrzaliznytsia generated $16 million of profit in 2021, according to the company’s Jan. 12 press release. The company bounced back to profitability after posting a $436 million loss in 2020, but failed to match its 2019 results, when it made a profit of $108 million. Ukrzaliznytsia
State railway operator Ukrzaliznytsia's failure to fulfill its freight contracts and sell core assets were the main reasons it lost $436 million (Hr 11.9 billion) in 2020, according to a Nov. 23 report by the Accounting Chamber, Ukraine's top state auditor, that surfaced in the media on Dec. 20.
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