Business news from Ukraine

Business news from Ukraine

Kyivpastrans plans to purchase two funicular cabins for EUR 13 mln

14 May , 2026  

The municipal enterprise Kyivpastrans intends to purchase two funicular cabins, as well as related goods and services, for a total of EUR 13 million, with funding from the European Investment Bank (EIB).

According to the tender announcement in the tender supplement to the Official Journal of the EU, the procurement will be financed by the EIB and the Kyiv City Council.

“The amount of EIB financing under the contract will not include VAT or, if applicable, customs duties and other taxes on the purchase of goods under this tender. Any such VAT, duties, or taxes will be paid by the Contracting Authority from its own budget,” the notice states.

The opening of bids is scheduled for June 30 of this year.

The first delivery is scheduled no later than 18 months from the date the supplier receives the advance payment, and the contract is generally set to last 79 weeks.

It is expected that the funicular cabin will be equipped with fast-charging batteries installed in a sliding or hinged box for access and maintenance, with adequate corrosion protection.

The supplier must also provide related goods, including machinery and track equipment, a traction system, control equipment, and a rapid battery charging system at terminal stations.

In addition, the supply of spare parts and consumables, tools for maintenance, repair, and diagnostics, as well as related services (staff training, commissioning of the funicular cabins) is provided for.

The Kyiv funicular runs up the steep slope of Volodymyrska Hill and connects Podil with the Upper City. It was opened in 1905 and was integrated into the city’s tram system at that time.

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