The process of restructuring of JSC “uz” (UZ, Kiev) may last from one to three or four years, depending on the selected scenario by the government, told reporters the head of the OUSE Evgeny Kravtsov in the European business Association on Wednesday.

“Was the Commission for the preparation of the restructuring plan of “Ukrzaliznytsya”. We completely shut down this process. We have already proposed in previous discussions with the Minister possible scenario for restructuring. Depending on which model (restructuring – Interfax) will be elected by the Ministry and the government, we expect that this process will last from one to three or four years,” he said.

According to Kravtsova, in this process, “Ukrzaliznytsya” will fully focus on the position of the Minister of infrastructure and the Prime Minister.

As reported, President of Ukraine Volodymyr Zelensky instructed the Cabinet of Ministers until the end of 2019 to prepare a restructuring plan of “Ukrzaliznytsya”. Responsible for the preparation of the plan, he appointed a Prime Minister Alexey Goncharuk and infrastructure Minister Vladislav Cricle.

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