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.
CEO of Public Joint-Stock Company Ukrzaliznytsia (Ukrainian Railways) Wojciech Balczun, commenting on his resignation, summing up the results of his work.
The Ukrainian Government on Wednesday will register Wojciech Balczun’s resignation letter, where the official states he quits on personal grounds, Prime Minister Volodymyr Groysman said at a government meeting on Wednesday, August 9.
Ukrainian Prosecutor General Yuriy Lutsenko has asked Prime Minister Volodymyr Groysman not to extend a contract with CEO of Public Joint-Stock Company Ukrzaliznytsia (Ukrainian Railways) Wojciech Balczun for another term, according to the Ukrainian online newspaper Ukrayinska Pravda, referring to Lutsenko's letter dated August 2.
Public Joint-Stock Company Ukrzaliznytsia (Ukrainian Railways) received UAH 122.5 million, or US$ 4.7 million, in net profit in January-June 2017 (H1) against UAH 3.8 billion, or $147 million, in net loss year-over-year (y-o-y), according to the International Financial Reporting Standards (IFRS).
Public Joint-Stock Company Ukrzaliznytsia (Ukrainian Railways) posted UAH 103.1 million, or US$4 million, in net profit in January-June 2017 (H1) against UAH 3.8 billion, or US$146 million, in net loss year-over-year (y-o-y), according to Ukrzaliznytsia CEO Wojciech Balczun.
The Cabinet of Ministers of Ukraine will decide whether to prolong the contract with Wojciech Balczun, CEO of Ukraine's railways giant Ukrzaliznytsia, after hearing the report on his performance over 2016, which should be submitted in the next few weeks, the press service of the Ministry of Economic Development and Trade says.