The Ukrainian Danube Shipping Company has been plagued by failures that cannot be linked to “external” factors, a leaked letter says
One of Ukraine’s biggest shipping companies has been plagued by decades-long corruption and mismanagement to the point where it began losing market share and assets even under highly favorable conditions, the Kiev Independent has reported.
The Ukrainian Danube Shipping Company (UDP), a state-owned enterprise that operates cargo transportation along the Danube River and carries out shipbuilding and repairs, has been reporting poor performance figures and losses over the past years, even though the river itself…
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