A dry port is being built in Vinnytsia region with an investment of $15 million

A dry port is being built in Vinnytsia region to help connect the central regions of the country with the ports of Odesa and, through the Mostyska container terminal, with EU countries. Investments in the project are estimated at $15 million. Deputy Mayor of Vinnytsia Andriy Ocheretnyi announced this on Facebook.

“It will be a railway terminal that will improve the prompt transportation and handling of cargo, as well as the export and import potential of our country. It will help to connect the central regions of the country with the ports of the big city of Odesa and, through the Mostyska container terminal, with the EU countries,” he said.

The first phase of construction began in the spring of 2024. It involves the construction of railway infrastructure and the first container yard with a capacity of about 30 thousand TEUs per year. A container warehouse with a capacity of 2000 TEU will also be built.

Part of the railway tracks, a weighing system, and a 3.5 thousand square meter warehouse are already ready.

The Dry Port is scheduled to be commissioned in the third quarter of 2024. It will employ about 50 people. A total of 100 jobs are planned to be created.

As GMK Center, the Mostyska container terminal (Mostyska Dry Port) handled more than 72.4 thousand TEU of containerized cargo in 2023. Over the past year, the consolidated volume of general, bulk and liquid cargo handling increased to 286 thousand tons. The total amount of the company’s investments over the past year is estimated at over UAH 100 million. The amount of taxes paid to all budgets of Ukraine reached UAH 27.66 million.

  • Companies

Stegra has closed a $1.6 billion funding round

The Swedish company Stegra has announced the completion of a €1.4 billion ($1.6 billion) funding…

Thursday June 25, 2026
  • Global Market

China’s stainless steel exports fell by 30.8% y/y in January–May

In the first five months of 2026, stainless steel imports into China totalled 634.8 thousand…

Thursday June 25, 2026
  • Global Market

Tenaris is investing over $90 million in the modernisation of its pipe plants in the US

Tenaris, an international company and one of the world’s leading manufacturers of steel pipes, has…

Thursday June 25, 2026
  • Global Market

European gas prices in the second half of June stood at €40–42/MWh

In early June 2026, TTF futures for the following month fluctuated between €40 and €42…

Thursday June 25, 2026
  • Global Market

The EU’s requirement regarding the smelting and casting of steel will come into force in October

On 24 June, the European Union published a regulation on new safeguard measures concerning steel…

Wednesday June 24, 2026
  • Industry

Exports of flat steel from Ukraine fell to 695.1 thousand tonnes in January–May

In January–May 2026, Ukraine’s steel companies reduced their exports of flat-rolled steel by 3.1% compared…

Wednesday June 24, 2026