State Railway Plans First Step Toward Privatization.

The CEO of Ukrzaliznytsya, the state railway, said it would be registered as a 100% state-owned joint stock company by July 2007, making it eligible for privatization. The country’s six railway companies, which presently operate as separate companies managed by Ukrzaliznytsya, would become its daughter companies. Olha Pankiv: Taking into account the CEO’s earlier comments, it is likely that the first stage of railway privatization will be sales of small stakes in Ukrzaliznytsya’s daughter companies.