Ukrzaliznytsia plans to complete the year with a profit of 700 million hryvnia

By the end of 2018 “Uz“plans to receive the income at 92.2 billion UAH, profit of 700 million UAH taxes and fees in the budget of 18 billion UAH, chapinville – 26.9 billion UAH, the volume of freight traffic and want to increase 2.7% to 347,5 million tons.

It is provided in the consolidated financial plan of PJSC “Ukrzaliznytsia” for 2018, which is today, February 14, approved by the Cabinet.

The document provides for revenues and investment activities of the company, a large-scale renewal of fixed assets, increase capital investment by 2.5 times, and taxes and fees to the budget – 19%.

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Most capital investments will be directed on renewal of railway rolling stock (purchase of new, modernization and overhaul of the existing fleet) and increasing bandwidth bottlenecks in the infrastructure. In particular, the plan to procure 30 freight locomotives on lease, 60 passenger cars, upgrade 7050 freight gondola cars, of which to make 3,6 thousand of gondola cars in their own factories, to upgrade 100 flatcars, upgrade 265 passenger cars, 153 locomotive, 100 sections of railcar rolling stock and about 10 thousand freight cars. Also in the financial plan to increase the volume of repairs of rolling stock for the maintenance of the Park. This was announced by acting head of “Railways” Evgeny Kravtsov.

“Among the major infrastructure projects 2018 – electrification of the sections Dolinskaya – Nikolaev, Kovel – Izov – state Border and Potoky – Zolotuchina, the expansion of port areas, the reconstruction of the infrastructure on the site Polohy – Kamysh-Zarya, as well as the completion of work on the Beskid tunnel and enter it into operation,” – said Kravtsov.

The company now introduce a new wage system.

Recall, “Ukrzaliznytsya” is the main carrier of freight and passengers in Ukraine – provides 82,4% of the total traffic and 33.4% of passenger traffic in Ukraine.

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