Poland's Balczun about work at Ukrzaliznytsia: "Survived and came back"

Former CEO of Public Joint-Stock Company Ukrzaliznytsia (Ukrainian Railways) Wojciech Balczun says his team has managed to stabilize the situation in the company and improve its financial performance, according to Liga.net.

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"In terms of fears and risks, which I took into account when going to Ukraine, I can say that the fact that I have survived and come back is the greatest achievement," Balczun said in an interview with the Polish edition of Wiadomosci Onet, responding to a question about his main successes while working in Ukrzaliznytsia, Liga.net wrote.

Balczun claims his team managed to stabilize the company. "We managed to significantly improve the financial results. We showed profit both in 2016 and in the first two quarters of 2017 after several years of losses," he said.

Read alsoPoland's Balczun sums up his work as Ukrzaliznytsia CEOUkrzaliznytsia's former head also mentioned the development of the company's five-year strategy and the "restoration of its reputation in the international arena."

"We have implemented or initiated a whole range of reform-related initiatives, which I hope will be continued," he added

As UNIAN reported earlier, Ukraine's Cabinet of Ministers on August 9 dismissed Ukrzaliznytsia CEO Balczun and First Deputy Minister of Infrastructure Yevhen Kravtsov, appointing the latter as Ukrzaliznytsia's acting chief.

Ukraine's Infrastructure Minister Volodymyr Omelyan, in turn, positively assessed the government's decision to dismiss Balczun while saying he insists on reshuffling Ukrzaliznytsia's entire management.

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