Business news from Ukraine

Business news from Ukraine

Lviv Locomotive Repair Plant plans to repair 17 locomotives in 2025

5 May , 2025  

Lviv Locomotive Repair Plant (LLRP), part of Ukrzaliznytsia, plans to repair 17 locomotives in 2025, compared to 16 in 2024, according to information about plans for the current year in the company’s report for the previous year.

According to LLRZ, it also plans to increase the repair of traction motors and their anchors by 30% to 495 units, and auxiliary electric machines by 19.2% (or 30 units) to 186 units.

At the same time, the production plan for the repair of wheel sets is 450 units, compared to 556 units repaired last year.

According to the plant, last year it repaired, in monetary terms, locomotives worth UAH 453.26 million (55% of total sales), wheel sets worth UAH 171.84 million (21%), traction motors worth UAH 99.5 million (12%), and their anchors worth UAH 55.2 million (7%).

In 2024, the plant increased its net profit by 55% compared to 2023, to UAH 24 million, with net income growing by 39% to UAH 827.7 million.

Operating profit increased by 29.8% to UAH 31.3 million, and gross profit by 27.8% to UAH 62.3 million.

“Capital investments in 2024 amounted to UAH 16.522 million. We also saw an increase in EBITDA of UAH 7.9 million, reflecting a trend towards improvement in the company’s financial position compared to last year,” the report says.

At the beginning of this year, the plant employed 846 people (599 of whom were men).

Founded in 1861, LLRZ is now a large Ukrainian enterprise specializing in the repair of electric locomotives, traction motors, and wheel sets.

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