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Odesa  >  News  >  Maritime Sector
The Cabinet adopts Illichivsk Ports financial plan
Jul 21 2009, 10:02

ODESA, JULY, 21st, 2009, CONTEXT-PRICHERNOMORIE The Cabinet of Ministers of Ukraine adopted Illichivsk Merchant Sea Ports Financial Plan 2009, Context-Prichernomorie correspondent reports.

The agency was informed about it today, 21 July at the press-service of the Ministry of Transport and Communications of Ukraine.

According to the press-service, Illichivsk Merchant Sea Ports Financial Plan 2009 was adopted by the Cabinets Decree No 831- dated 17 July, 2009.

According to the financial plan, the company is to receive 1, milliard UHA of income 18 percent more than in 2008. Its pure income will make 19 8 million 200 thousand UAH, that is 1,6 times more of the actual income of 2008.

The port will pay, as established, 393 million 800 thousand UAH to State Budget and fund-in-trusts 400 thousand UAH more than in 2008.

In addition the plan provides 380 million of the companys capital investments.

INFORMATION: Illichivsk Merchant Sea Port is one of the youngest on the Black Sea. The Port was erected in the Soviet period in 1960s mainly for sea trade with socialistic countries. It has railway and vehicle approaches connected with the countrys mains. There are several operating ferry-crossings: IllichivskVarna (Bulgary), IllichivskPoti and Illichivsk Batumi (Georgia). Cargo operation complexes of the Port consisting of 28 berths having total length 5 thousand 500 metres are equipped with modern cargo-operating machinery.

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