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 "It was the most difficult and most important mission in my business career," - Balczun on his Ukrzaliznytsia tenure

бальчун

Chairman of the Board of Ukrzaliznytsia, Ukraine's major railway carrier, Wojciech Balczun said the company managed to improve its economic performance and restore image internationally during his tenure.

Balczun wrote on Facebook, Censor.NET reports.

Read more: We will consider dismissal of Balczun from Ukrzaliznytsia today, - PM Hroisman

"It was the most difficult and most important mission in my business career. The country I only visited once before that. Different corporate culture, legal environment, customs, different language. The contest I won was both unexpected, a challenge, and a personal probation," Balczun wrote.

Balczun presented some figures demonstrating better economic performance of the company. He said the financial state of the company has significantly improved, net worth increased in six months of 2017, financial liabilities shortened and loan portfolio decreased by 15 percent.

"In 2016, the company paid 15.2 billion in taxes and fees to the state budget and funds," Balczun said.

Freight rate increased by 6.1 percent in 2017 compared to 2016, and additional transit freight volumes have been attracted, the head of Ukrzaliznytsia said.

Read more: Corruption in Ukrzaliznytsia increased manyfold with Balczun at the helm, - Infrastructure Minister Omelian

"I knew it from the very beginning that this mission would not last for ever. I realized that I will carry the burden to organize a process of manageability of the firm. The situation when I arrived was much more complicated than anyone could imagine. Several months flew by. So we have stabilized the company, improved economic performance, drafted a five-year development strategy, restored the image of the company internationally, returned to investments, and launched new passenger routes. Many things OK, but that is normal given the scale of Ukrzaliznytsia's problems," Balczun said.

He thanked PM Hroisman and Deputy PM Kistion, and added that daily critisism was another motivation for him. He also thanked "all Ukrainians who have been supporting me everyday.... Ukrzaliznytsia and Ukraine are in my heart forever," Balczun summed up.
 
 
 
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