Ukravtodor, Infrastructure Ministry approve plan of reforming Automobile Roads of Ukraine

12:18, 21.02.2017 1 min read

The State Agency of Automobile Roads of Ukraine (Ukravtodor) and the Ministry of Infrastructure have signed an action plan to reform PJSC Automobile Roads of Ukraine for the next three years.

According to the press service of the company, the document has been submitted to the government for review, while planned activities were officially started on February 20.

These agencies will control the reform process.

"In July 2016 a new team under my presidency was set up with a view to transform the company, which serves 97% of Ukrainian roads, from unprofitable and almost unusable to a cost effective and competitive structure in the market. We have developed a clear reform plan covering the next three years and in 2017 we begin to implement active changes," company head Artem Hrynenko said.

According to the company, by 2020 the company will have a vertically integrated structure with 24 branches, an updated asset structure, centralized procurement, fully automated processes and the staff of 16,000 people.