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The Supervisory Board of Ukrzaliznytsia has taken the decision to recommend to the Cabinet of Ministers the dismissal of Zeljko Marcek from his position as the Acting Chairman of the Management Board
The Supervisory Board of Directors of Ukrzaliznytsia has taken the decision to recommend to the Cabinet of Ministers the dismissal of Zeljko Marcek from his position as the Acting Chairman of the Management Board. The Supervisory Board anticipates that this matter will be considered at the nearest meeting of the Cabinet of Ministers.
Report on measures taken to protect Ukrzaliznytsia employees and to ensure stable operation of the Company during the coronavirus epidemic
The Supervisory Board and the Management Board of Ukrzaliznytsia, in close cooperation with the Ministry of Infrastructure of Ukraine and the public health authorities, are implementing a comprehensive program of activities aimed at preventing the spread of coronavirus infection among our employees and minimizing the impact of the situation on the Company.
Ukrzaliznytsia will ensure stable financial performance in the light of the changes caused by the Corona Virus crisis
Ukrzaliznytsia would like bring clarity to an earlier statement regarding its financial performance in the light of the changes in our social and business lives caused by the Corona Virus crisis.
Given the increasingly uncertain Corona Virus Pandemic emergency situation in Ukraine and Europe as a whole, and the relating emergencies that need to be attended to, the Supervisory Board of Directors of Ukrzaliznytsia has come to the conclusion that it would be impossible to execute the permanent CEO selection process in the manner and the time frame that we had planned when we started it. Let alone being able to interview potential foreign candidates face to face, it would be practically impossible to do so for domestic candidates.
Ukrainian Railways timely and in full repaid the next part of Eurobonds in the amount of 10% of initial outstanding principle amount of the Loan - USD 50 million, and paid the next coupon income for them. Both payments are made according to the set schedule.