Business news from Ukraine

Business news from Ukraine

UKRZALIZNYTSIA PLANS TO INCREASE REVENUE FROM FREIGHT TRAFFIC BY 8% IN Q4

Ukrzaliznytsia plans to receive UAH 17.6 billion in revenue from freight traffic in October-December 2020, which is 7.98% more than in the previous quarter.
This is a record quarterly indicator of financial receipts this year from the main business of the company, Ukrzaliznytsia said.
So, in the first quarter of this year, Ukrzaliznytsia’s income from freight traffic amounted to UAH 16.6 billion, in the second – UAH 14.6 billion, and in the third – UAH 16.3 billion.
“Ukrzaliznytsia will be able to achieve a record level of income in the fourth quarter due to increased efficiency of the company’s operating activities, liquidation of the locomotive shortage, improved dispatching and fruitful cooperation with all participants in the transportation process,” the message says.
The company also clarified that in September 2020, the company’s income from domestic freight rail transportation increased by 6% compared to the same period in 2019 – up to UAH 2.1 billion, and in October – by 3.2% against October 2019 and amounted to UAH 2.2 billion.

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UKRZALIZNYTSIA INCREASES CARGO TRANSPORTATION IN NOV

JSC Ukrzaliznytsia for 29 days of November 2020 increased the volume of cargo transportation by Ukrainian railways in all routes compared to the same period last year by 7%, to 27 million tonnes.
According to the company’s website, in domestic traffic, the volume of cargo transportation by rail amounted to 13 million tonnes, which is 21% more than in November 2019.
According to the company, the average daily loading in November amounted to 788,500 tonnes, which is almost 8% more than in November 2019. On average, 12,100 cars were loaded on the railway per day, which is almost 7% more than last year.
For 29 days of November 2020, Ukrzaliznytsia accelerated the turnover of a freight car by 32.7%, to 7.76 days. The average daily sectional speed of a freight train increased by more than 5% and amounted to 35.3 km/h.
During 29 days of November, Ukrzaliznytsia also improved the operating performance of its locomotive fleet: the average daily run of a locomotive increased by 5.1%, to 451 km, and the average daily performance of a locomotive improved by 4.3% compared to last year, to 1.201 million tonne-kilometers gross.
The company noted that such indicators were achieved, first of all, due to improved dispatching, liquidation of the shortage of locomotives and transparent playing conditions in the transportation market.
“There is no longer a situation when someone at the station decides whether this or that cargo will go or not. Now all shippers are in equal conditions. Today we transport 100% of the declared cargo and there are plans only to increase the rate and volume of traffic,” the report says.
As reported, next year Ukrzaliznytsia plans to increase the share of its own cars on the market to 35-40%.

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UKRZALIZNYTSIA LAUNCHES HIGH-SPEED TRAIN KYIV-SLAVSKE

JSC Ukrzaliznytsia will launch the high-speed train Intercity + No. 745/746 Kyiv-Slavske (Lviv region) from December 15.
According to the press service of Ukrzaliznytsia on Tuesday, November 24, the high-speed train Hyundai Rotem will run on this route. Train No. 745 will depart from Kyiv-Pasazhyrsky station at 05.59 and arrive in Slavske at 13.16.
In the opposite direction from Slavske, train No. 746 will depart at 16.20 and arrive at Kyiv-Pasazhyrsky station at 23.57.
On the way, the train will stop at the following stations: Korosten, Pidzamche, Lviv and Stryi.
Tickets can be purchased at railway ticket offices or online.

UKRZALIZNYTSIA WANTS TO TRANSFER TO RAILWAY 50% OF TOURISTS TRAVELING IN UKRAINE

JSC Ukrzaliznytsia wants at least 50% of tourists traveling throughout Ukraine to choose the railway, head of Ukrzaliznytsia Volodymyr Zhmak said.
“In these conditions, we pay attention to domestic tourism, since external tourism is going through hard times. Ukrzaliznytsia considers domestic tourism to be one of those directions that can develop and bring funds to the Ukrainian economy. We want to reach a target of 50% of all tourists who travel in Ukraine. Encourage them to change buses to our comfortable passenger cars,” Zhmak said during a roundtable with the State Agency for Tourism Development of Ukraine and tour operators in Kyiv on Thursday.
The head of Ukrzaliznytsia said that the company is already working in this direction.
“We are already lowering the cost of tickets in the first class, we provide a flexible system of discounts for the redemption of tickets long before the departure date. In addition, we reduce a group booking rate. If earlier tour operators had to pay UAH 200 for a tourist of the group, then we reduce it to UAH 80. And then we will introduce a scale: the larger the group, the less you [tour operators] pay for each member of the group,” he said.

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UKRZALIZNYTSIA INCREASES INCOME FROM DOMESTIC CARGO TRANSPORTATION

Income from domestic cargo transportation of JSC Ukrzaliznytsia in October 2020 increased by 3.2% against October 2019, up to UAH 2.2 billion.
According to the press service of the company on Monday, in September, income from domestic cargo transportation was 6% higher (compared to September 2019) and amounted to UAH 2.1 billion.
According to Ukrzaliznytsia, such indicators became possible due to organized route departures, improved operational efficiency, improved dispatching, and elimination of the locomotive shortage by extending the service legs.
It is reported that the largest increase in income in September-October was recorded in transportation of mineral construction materials, ferrous metals, iron ore and grain cargo. In addition, the positive dynamics of income was shown by transit freight rail transportation, amounting to 19.5% and 5.9%, respectively. In monetary terms, income from transit traffic amounted to UAH 635.6 million in September, and UAH 523 million in October.
Income from domestic cargo transportation of JSC Ukrzaliznytsia in October 2020 increased by 3.2% against October 2019, up to UAH 2.2 billion.
According to the press service of the company on Monday, in September, income from domestic cargo transportation was 6% higher (compared to September 2019) and amounted to UAH 2.1 billion.
According to Ukrzaliznytsia, such indicators became possible due to organized route departures, improved operational efficiency, improved dispatching, and elimination of the locomotive shortage by extending the service legs.
It is reported that the largest increase in income in September-October was recorded in transportation of mineral construction materials, ferrous metals, iron ore and grain cargo. In addition, the positive dynamics of income was shown by transit freight rail transportation, amounting to 19.5% and 5.9%, respectively. In monetary terms, income from transit traffic amounted to UAH 635.6 million in September, and UAH 523 million in October.
As reported, from November 1 to November 19, Ukrzaliznytsia loaded more than 15 million tonnes of cargo, which is 6.2% more than in the corresponding period last year.As reported, from November 1 to November 19, Ukrzaliznytsia loaded more than 15 million tonnes of cargo, which is 6.2% more than in the corresponding period last year.

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THIRD CONTAINER TRAIN ON NEW ROUTE FROM CHINA ARRIVES IN UKRAINE – UKRZALIZNYTSIA

The third container train from China on a new route, which delivered 41 forty-foot containers with shoes, non-ferrous metal products, medical and pharmaceutical equipment, consumer goods and other combined cargo, arrived at the Kyiv-Lisky station.
The press service of Ukrzaliznytsia reported last week, the company has already received 17 trains from different regions of China. These trains run from Wuhan and Jinannan and carry 43 containers with various cargoes: magnesium sulfate, equipment, aluminum frames, disposable syringes, PET bottles and light industrial products.
Trains cover the distance of transportation, which is more than 9,000 km across the territory of four countries, in 15 days.
Ukrzaliznytsia will continue receiving trains from China according to a new logistics scheme with a further increase in their frequency.
“The introduction of new logistics schemes for the transportation of goods allows attracting additional cargo flows and opens up new opportunities for the users of transport services to deliver goods to their destination. This work is carried out together with the solution of pressing issues regarding tariff policy, technical re-equipment, improving the technology of the transportation process and services,” the company said.
Ukrzaliznytsia added that its branch Lisky center of transport service plans to continue active work on identifying new promising routes for container trains.

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