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Rada passes bill incorporating Ukraine public railway transport
Journal Staff Report

KIEV, Feb. 24 – Parliament after a repeat second reading has passed draft law No. 9337 on the specifics of creating a state joint-stock company for public railway transport and draft law No. 9377 on amending the law of Ukraine on railways.

A total of 232 and 239 lawmakers, respectively, supported the laws.

As reported, according to bill No. 9337, the company will be created as a public joint-stock company with 100% of its shares owned by the state. The new entity will be formed through the merger of State Railways Administration Ukrzaliznytsia, and public railway enterprises, institutions, and organizations. In addition, the company's charter capital will include shares and stakes owned by the state in companies created with the participation of railway transport enterprises.




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