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Ministry of infrastructure of Ukraine Ukrainian State Air Traffic Services EnterpriseSafety. Efficiency. Responsibility |
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Press releases |
20.06.2017 |
Government Approves UkSATSE Financial Plan for 2017 |
Today the Cabinet of Ministers of Ukraine has approved the Financial Plan of Ukrainian State Air Traffic Services Enterprise (UkSATSE) for 2017.
UkSATSE income at the year-end will amount to UAH 2,639 million, whereas expenses – to UAH 2,584 million, which means that the Enterprise will receive a profit of about UAH 55 million.
As long as the Financial Plan is fulfilled, UkSATSE is expected to transfer almost UAH 654 million to the State Budget of Ukraine and trust funds.
The Financial Plan also provides for about UAH 644 million of capital investments including UAH 70 million of loans from EBRD and EIB within the framework of the Project of the Ukrainian air navigation system modernisation.
The Government decision concerning the approval of the main financial document of UkSATSE is a background for further development of the national air navigation service provider. This will allow for the provision of high-quality services and maintenance of an adequate safety level in the Ukrainian airspace and in the international airspace over the High Seas where the responsibility for ANS is delegated to Ukraine by the international agreements.
Background information. Ukrainian State Air Traffic Services Enterprise (UkSATSE), founded in 1992, is the basis of the national air navigation system and Joint Civil-Military Air Traffic Management System of Ukraine (JCMS). The company provides the full range of air navigation services: air traffic service, air traffic flow management, airspace management, provision of communication, navigation and surveillance for air traffic services and flights performance; JCMS operation and development; emergency notification and search and rescue operations; provision of aeronautical and meteorological information to the airspace users. |
Source: UkSATSE |
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Airport, Boryspil, Kyiv region, Ukraine, 08300, phone: (+38044) 235-21-10, fax: (+38044) 281-84-84
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