The draft letter from the Ukrainian government to the government of the Republic of Korea regarding the provision of a loan for the implementation of the public investment project “Purchase of 20 Korean-made high-speed electric trains” was approved by the Cabinet of Ministers at its meeting on September 10.
“The signing of the letter will ensure the purchase of 20 high-speed electric trains manufactured in Korea with a preferential loan from the Economic Development and Cooperation Fund (EDCF) to meet the needs of Ukrzaliznytsia JSC in interregional and international passenger transportation,” said Taras Melnychuk, representative of the Cabinet of Ministers in the Verkhovna Rada, on Telegram.
The Verkhovna Rada ratified the Framework Agreement between the governments of Ukraine and the Republic of Korea on loans from the Economic Development and Cooperation Fund for 2024-2029, which opens up the possibility for Ukrzaliznytsia to purchase another 20 Intercity+ class electric trains.
As reported, in August last year, the Verkhovna Rada ratified the Framework Agreement between the governments of Ukraine and the Republic of Korea on loans from the EDCF for 2024-2029, which opens up the possibility for Ukrzaliznytsia (UZ) to purchase another 20 Intercity+ class electric trains manufactured by Hyundai Rotem, in addition to the 10 that were purchased before Euro 2012.
At that time, it was noted that the next steps would include agreeing on the details of the project and the agreement at the level of the Cabinet of Ministers and the final signing of the agreement. According to preliminary agreements, the total cost of the program will be about $450 million, including train maintenance for five years. The trains can be delivered within 18-24 months after the agreement is signed.
According to UZ, the loan terms are favorable given the critical social component of the project (total term of up to 40 years, with principal repayment beginning after the first 10 years). “This is an additional opportunity for 6 million passengers per year to travel, which will meet the current demand for daytime high-speed traffic,” commented Yevgen Lyashchenko, who was the chairman of the company’s board at the time, on the possible purchase.
In August this year, Ukrzaliznytsia announced plans to increase the share of daytime high-speed traffic to 30% in three years and to 40% in five years, while currently it averages 12-15%. An important part of their implementation is the purchase of 20 new Hyundai electric trains.
Later this month, one of the 10 Hyundai trains was taken out of service by a Russian strike.
According to the forecast of JSC “Ukrzaliznytsia”, the losses of the car repair direction of the company may reach 600 million UAH by the end of 2025, said in an exclusive interview to the agency “Interfax-Ukraine” member of the Board, head of the direction “Repair and production” Evgeny Shramko.
The decrease is due to the fall in transportation and, as a consequence, the volume of repairs: transportation by UZ cars fell by 58%, and repairs decreased by 55%.
The main goal of reforming the Repair and Production division at Ukrzaliznytsia JSC is to optimize the business, increase its efficiency, and make it profitable, said Yevhen Shramko, member of the company’s board and head of the division, in an exclusive interview with Interfax-Ukraine.
According to him, the transformation involves consolidating assets, attracting international partners, and implementing projects based on excess capacity through leasing, public-private partnerships, or repurposing.
“Where there is potential, we will strengthen it; where necessary, we will remove the excess. We must find the optimal scale and ensure long-term efficiency,” Shramko emphasized.
During the summer of 2025, Ukrzaliznytsia (UZ) transported 1.6% more passengers than last summer – 8.07 million, with the number of passengers transported in August reaching 2 million 845 thousand people.
According to the company’s Facebook post on Monday, twice as many military personnel and their families were transported through the special reserve – 130,600.
During the summer of 2025, 1.6 times more children’s groups were also transported: 328,000 children with their parents on group applications and 16,243 children with their parents traveled in children’s cars.
“From June to August, Ukrzaliznytsia transported 3,895 passengers to safety from Sumy, Kherson, Dnipropetrovsk, Donetsk, and Zaporizhzhia regions,” Ukrzaliznytsia added.
The company emphasized that despite all the challenges this summer—a critical shortage of cars lost due to shelling and natural aging, a surge in demand during the peak summer season — 39 additional trains and groups of carriages were assigned, which allowed for the transportation of an additional 627,000 passengers and reduced the load on regular routes.
Earlier, Ukrzaliznytsia transported 639,700 passengers between August 18 and 24, which is 0.8% less than a week ago. According to statistics, the total volume of transportation still remained higher than last year: during the reporting week, the excess was 3.9%, or 23,700 passengers. The average number of passengers carried per car from August 18 to 24 was 467, which is 6.4% more than in the same period in 2024.
As reported, in the first half of 2025, Ukrzaliznytsia increased passenger traffic by 1.2% compared to the first half of 2024, to 13.52 million. This is 23% more than in January-June 2023, as previously reported by Ukrzaliznytsia CEO Oleksandr Pertsovskyi on Facebook.
Ukrzaliznytsia (UZ), the monopoly railway operator, carried 639,700 passengers between August 18 and 24, which is 0.8% less than a week earlier, according to a statement by the company on Telegram.
“We are gradually coming out of the peak travel season, but we continue to provide detailed information on passenger traffic statistics!” wrote UZ CEO Oleksandr Pertsovskyi on his Facebook page.
Demand for the most popular route, Kyiv-Lviv, amounted to 128,000 requests last week, which is 15.2% less than the week before. The Kyiv-Odesa route received 71,700 requests, which is 22.3% less than during the period from August 11 to 17.
Demand for the Kyiv-Kharkiv route decreased by 8.6% to 63,300 searches, and for the Kyiv-Peremyshl route by 10.3% to 58,400.
According to statistics, the total volume of traffic still remains higher than last year: during the reporting week, the increase was 3.9% or 23,700 passengers.
The average number of passengers carried per car from August 18 to 24 was 467, which is 6.4% more than during the same period in 2024.
In addition, the number of passengers in children’s groups increased 1.3 times to 23,600, and the number of military personnel transported through the special reserve increased 2.4 times to 12,000.
As reported, in the first half of 2025, Ukrzaliznytsia increased passenger traffic by 1.2% compared to the first half of 2024, to 13.52 million. This is 23% more than in January-June 2023, Pertsovsky previously reported on Facebook.