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Ukrzaliznytsia is being pushed to bankruptcy

Ukrzaliznytsia is being pushed to bankruptcy

The losses of the state administration of railway transport of Ukraine (Ukrzaliznytsia) from passenger traffic for the first nine months of this year amounted to more than $250 million, the company's press service reported on Friday.

“In the first nine months of 2015, Ukrzaliznytsia's losses from long-distance and suburban passenger traffic amounted to UAH 5,478 billion ($253 million at the current exchange rate of the National Bank of Ukraine). For the same period last year, losses from these transportations amounted to 5,763 billion hryvnias (about $265 million),” the report says.

In particular, income from passenger traffic in the current year amounted to 4,07 billion hryvnia (about 187 million hryvnia), for the first nine months of 2014 - 3,7 billion hryvnia (about 170 million dollars), while the cost of organizing passenger transportation exceeded 9,55 440 billion hryvnia (about $2014 million), in 9,48 - 437 billion hryvnia (about $XNUMX million).

Thus, losses from long-distance passenger transportation amounted to more than 2,5 billion hryvnias ($115 million), and more than 2,9 billion hryvnias (about $133 million) in suburban traffic.

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