A portion of the cargo traveling along the Trans-Caspian International Transport Route, which links China and Europe, is expected to be routed through Ukraine, Tymofiy Murakhovsky, commercial and logistics director at state-owned Ukrainian Railways (Ukrzaliznytsia), stated on Wednesday.
For this purpose, Ukrzaliznytsia plans to establish a subsidiary in Kazakhstan, the UZ Cargo East, which would work along the so-called Middle Corridor from China to Europe via Ukraine, according to Murakhovsky.
Rohlig SUUS Logistics, one of the largest logistics service providers in Poland, said it has opened a subsidiary in Ukraine, headquartered in Kyiv, as it looks to strengthen its position in Central and Eastern Europe.
The Swiss subsidiary of the world's second-largest container shipping company, MSC, Medlog, has bought stakes in Ukrainian logistics assets, according to reports from Forbes Ukraine. The transaction marks the first deal of its kind with a global logistics company since the full-scale Russian invasion.
The European Bank for Reconstruction and Development (EBRD) said it is extending a senior loan of up to €10 million to the western Ukrainian city of Lviv. The funding aims to support the continuity of essential municipal services and help the city cope with the ongoing impacts of the war.
Today's Contents Reporter's Notepad: * Riley Risk recommends companies in east prepare contingency plans amid heavy fighting, possible Ukrainian territory loss Just The Facts: * Ukraine to ask EU to delay introducing carbon border tax, trade envoy says * Ukraine's finance minister discusses reconstruction opportunities with Canadian
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Ukraine's Economy Ministry is preparing an official request to the European Commission to start formal talks on postponing the introduction of the Carbon Border Adjustment Mechanism (CBAM) for the war-torn country, The Odessa Journal reported on Wednesday, citing Ukraine's Deputy Minister of Economy and Trade Representative
