Kyiv Electric Railcar Repair Plant JSC (KEVRZ), a subsidiary of Ukrzaliznytsia, reported a loss of 4.48 million UAH for January–June 2026, which is 4.2 times less than the loss recorded in the first half of 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 decreased by 8.8% to 631.73 million UAH.
The plant reduced its gross profit by 27.6% to 33.3 million UAH, generating 7.4 million UAH in operating profit compared to 24.6 million UAH last year.
The company notes that during the reporting period, it sold 19 refurbished electric locomotive sections for 546 million UAH, 61 wheel sets for 24.4 million UAH, and 230 traction motors and auxiliary units for 37.8 million UAH.
As previously reported, the plant ended the first quarter of this year with a loss of 20.2 million UAH, compared to a net profit of 0.48 million UAH for the same period in 2025, despite a 14.6% increase in net revenue to 250.5 million UAH.
KEVRZ was founded in 1868. It specializes in the major 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—and 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.
