Kyiv Electric Locomotive Repair Plant JSC (KEVRZ), a subsidiary of Ukrzaliznytsia, reported a loss of UAH 20.2 million in January–March 2026, compared to a net profit of UAH 0.48 million for the same period in 2025.
According to the company’s interim financial report published in the disclosure system of the National Securities and Stock Market Commission (NSSMC), its net revenue increased by 14.6% to UAH 250.5 million.
The plant reported a gross loss of UAH 5.4 million compared to a gross profit of UAH 10.7 million a year earlier, with an operating loss of UAH 19.2 million compared to an operating profit of UAH 1.6 million.
The company notes that during the reporting period, it sold 18 refurbished electric locomotive sections for UAH 224.2 million (in the first quarter of 2025 – 8 sections for UAH 188.7 million), 25 wheel sets for UAH 10 million (35 sets for UAH 15.9 million), 104 traction motors and auxiliary machines for 14 million UAH (84 units for 11 million UAH).
KEVRZ was founded in 1868. It specializes in the overhaul of electric trains for Ukrainian railways, the repair of components and assemblies, electric machines, electric motors, and wheel sets, as well as the manufacture of spare parts.
The plant ended 2025 with a net profit of 70.2 million UAH—4.4 times more than the previous year—following a 34.2% increase in net revenue to 1.703 billion UAH. It repaired 51 electric sections, 223 wheel sets, 538 traction motors, and auxiliary machines.
