In 2006, net profit of Ukrrechflot (Ukraine-based shipping company) totaled $4.86 million (+7.2%, year-on-year), RZD-Partner reports. Undistributed net profit amounted to $14.6 million (+51.8%).
Ukrrechflot is the largest shipping company of Ukraine operating at inland waterways. Ukrrechflot is the only vertically integrated shipping structure of Ukraine comprising 4 river ports as its subsidiaries. The company is also the only specialized company of Ukraine developing its shipping capacity through attraction of EBRD credits. The company’s fleet numbers 175 vessels with total capacity of 278 thou of gross tons. Rechflotservis and State Export-and-Import Bank of Ukraine are among the company’s owners.
