The Ministry of Infrastructure of Ukraine agreed with the proposal of Ukrzaliznytsia (UZ) to increase tariffs for the transportation of goods by 70%.
Minister Oleksandr Kubrakov signed the corresponding order No. 441 “On amendments to the coefficients applied to the tariffs of the Collection of tariffs for the carriage of goods by rail within Ukraine and related services” on June 22, and it was registered with the Ministry of Justice on June 24.
Unlike several previous increases last year, this time the coefficients have been increased equally – by 70% – for all 20 types of cargo.
“From July 1, 2022, the Ministry of Infrastructure will carry out a planned indexation of tariffs for freight transportation,” Oleksandr Kamyshin, the head of the board of Ukrzaliznytsia, announced in the announcement of a press conference scheduled for June 29.
According to the explanatory note to the draft order, which Interfax-Ukraine got acquainted with, UZ plans to receive an additional over UAH 11 billion by the end of 2022 thanks to this increase in tariffs.
The company indicated that in the first five months of this year, due to the war, cargo transportation fell by 2.9 times – to 27.1 million tons, including in domestic traffic by 2.7 times – to 14.5 million tons, for export – 2.5 times, up to 10.8 million tons, for import – 6.4 times, up to 1.6 million tons, while transit fell almost 10 times – up to 0.3 million tons.
Ukrzaliznytsia also indicated that its estimated cost of restoring war damage would exceed UAH 100 billion.
As reported with reference to the order of the Ministry of Infrastructure of October 29, 2021, since the beginning of 2022, tariffs for the transportation of a group of goods of the 1st tariff class by rail have increased by 9%.
This was preceded by a decision to increase tariffs from August 17, 2021 for cargo transportation of a group of goods of the 1st and 2nd tariff classes by 8%, and from January 2022 – by 20.4% and 6.5%, respectively.
At that time, UZ estimated additional revenues from tariff increases at UAH 2 billion in 2021 and UAH 12.3 billion in 2022.
Ukrzaliznytsia in 2021, according to preliminary data, received UAH 457 million in net profit against a loss of UAH 11.9 billion a year earlier.
