The state allocated about UAH 10 billion to the company to maintain liquidity and uninterrupted operation of the industry.
According to the results of 2022, JSC Ukrzaliznytsia received a net loss of UAH 10.8 billion, this year the company expects losses in the amount of UAH 20.2 billion. Damage from passenger traffic is 13.3 billion hryvnias. This was announced on Thursday, January 26, by the press service of Ukrzaliznytsia.
According to the financial plan for 2023, revenues are expected at UAH 83.9 billion, expenses – UAH 107.9 billion, EBITDA (earnings net interest, taxes and depreciation charges) – UAH 8.4 billion.
The company also plans to raise UAH 1.7 billion. from the state budget and pay in favor of the state UAH 22.8 billion.
Capital investments will reach UAH 50 billion, which is four times higher than in the past.
The company stressed that despite experiencing difficulties, they do not plan to increase tariffs for freight and passenger transportation.
It was previously reported about the resumption of passenger rail communication in Romania.
As reported, the train Kyiv – Chisinau hit the top routes in Europe.
The first Intercity+ train appeared in Ukraine, where Starlink terminals were installed.
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I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.