13:39 28.08.2017

World Bank recommends taking measures to avoid monopoly of Euroterminal for entering Odesa seaport

World Bank recommends taking measures to avoid monopoly of Euroterminal for entering Odesa seaport

The World Bank jointly with the transport, communications and road traffic organization department of Odesa City Council is drawing up recommendations to optimize the transport system of Odesa City and determining the top priority segments for investment as part of the Stable Mobility for Odesa Project, authorized official of Ukraine's Antimonopoly Committee Ahiya Zahrebelska has said.

"Based on the first results of the study regarding Euroterminal, the following is noted: in order to reduce the negative impact, it is recommended building a new entrance to the port bypassing the city in order to avoid the monopoly of Euroterminal, or to make this entrance public, combining port and customs formalities," she wrote on her Facebook page.

In addition, it is recommended to reconsider the advantages and disadvantages of current arrangements with Euroterminal, including the advantages of concentrating the entire truck traffic through Euroterminal. This can lead to additional costs.

Zahrebelska said that Euroterminal is aware of the aggravation of the negative attitude of the residents towards them; it plans to further reduce tariffs in the next five years. The company proposes to build a new road that will connect their gates and main route and ensure that prices will be affordable. The company has plans to build a line connected to the state-owned railway system to help reducing delays in peak seasons that reach 3,000 wagons daily.

"We are continuing the investigation. The Odesa City Council has not implemented the committee's recommendations. The case has been launched. The investigation is underway. In the case concerning Euroterminal LLC regarding the abuse of monopoly, the investigation is in its final stage. We are drawing up the report with preliminary conclusions, and we plan to present the results to the members of the committee next month," she said.

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