Ukraine’s Ukravtodor Seeks $600 Million Loan, Kommersant Says

Ukravtodor, Ukraine’s state-run road operator, started talks with the World Bank on a $600 million loan to fix a highway between Poltava and Kharkiv, Kommersant- Ukraine newspaper reported, citing Infrastructure Minister Volodymyr Kozak.

Ukravtodor expects the financing to be released during the next two years, the newspaper cited Kozak as saying. The company also is holding talks with the World Bank on credits for roads surrounding the capital Kiev and a highway from Poltava to Lubny.

To contact the reporter on this story: Kateryna Choursina in Kiev at kchoursina@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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