PJSC Kryukiv Railway Car Building Works (KVZ, Kremenchuk, Poltava region) will supply Ukrzaliznytsia with 95 sleeping compartment cars, including 88 compartment sleeping cars with a conductor’s compartment (KUP) and seven sleeping cars equipped for transporting persons in wheelchairs and with a train conductor’s compartment (KUPI).
According to information in Prozorro, the relevant contract was signed by the parties on June 6 following a tender for a total amount of UAH 4 billion 475 million 367 thousand without VAT (0.003% less than the expected price).
According to the contract, the price of one KUP car is UAH 46.895 million (excluding VAT) and UAH 56.27 million including VAT, and the price of one KUPI car is UAH 49.800 million (UAH 59.76 million).
The total price of the contract with VAT is 5 billion 370 million 440.4 thousand UAH. The terms provide for an advance payment of 58% within 14 working days from the date of receipt of the application from Ukrzaliznytsia.
According to the publication “Nashi Hroshi,” the new price of compartment cars in dollar terms is the highest in recent years, but it acknowledges that the increase in the currency price is to some extent related to changes in the cars themselves.
The delivery date for the cars is no later than December 31, 2028.
As reported, following the results of a tender in the fall of 2023, Ukrzaliznytsia signed a contract with KVBZ for the manufacture of 44 passenger cars (including 9 second-class cars) for UAH 1.951 billion (including VAT) with delivery by December 31, 2025.
In December of the same year, Ukrzaliznytsia signed a contract with KVBZ for the supply of 22 new passenger cars for UAH 980.45 million (including VAT) by June 30, 2026.
By spring 2023, KVBZ completed the order from Ukrzaliznytsia for the delivery of 100 passenger cars under a 2021 contract worth over UAH 3 billion.
KVZ manufactures passenger and freight cars, regional diesel trains, high-speed interregional trains with locomotive traction, spare parts, and bogies for freight cars.
In 2024, the plant sold 1,096 freight cars, which is almost 10% more than sales in pre-war 2021. The first 15 passenger cars were also delivered to Ukrzaliznytsia under contracts for 66 units. Net profit amounted to UAH 81.08 million, compared to a loss of UAH 143.76 million in 2023.
According to the ranking of the largest employers by region in Ukraine, compiled by OpenDataBot based on official reports from the State Statistics Service, Ukrzaliznytsia has been recognized as the largest employer in Kyiv and the entire country.
The largest employer in Ukraine with 178,616 employees. A state-owned railway company founded in 1991 on the basis of the infrastructure of the Ukrainian SSR. It is a monopoly in the railway transport market. It is part of the Ministry of Infrastructure of Ukraine. Its head office is in Kyiv.
Financial indicators: As of 2023, the company’s revenue exceeded UAH 95 billion. In 2024, the company was ranked among the top ten transport operators according to the OpenDataBot Index.
Activities: Provides passenger and freight transportation services and owns a railway network of over 19,000 km. The company is actively modernizing its rolling stock and introducing digital services.
The volume of grain transported by Ukrzaliznytsia in January-April 2025 decreased by almost 33% compared to the same period last year, to 10.092 million tons, according to Valery Tkachov, deputy director of the company’s commercial department.
“From January to April, 10.092 million tons of grain were transported by rail. Compared to last year, we have seen a decline in transportation of almost 33%, or 4.96 million tons,” Tkachov said at an online meeting with the agricultural market on Thursday.
According to him, one of the reasons for the decline is the large volumes of transportation in the first half of 2024, related to the operation of the “grain corridor,” which started in October 2023.
“Due to the fact that the ‘grain corridor’ began operating in October 2023, farmers did not have time to harvest their crops, and therefore these volumes were transferred to the first half of 2024,” Tkachev explained.
Another reason for the reduction in grain shipments by rail in 2025 is a slight decrease in the grain harvest.
The third reason is the lack of complete data in the system, as due to the cyberattack on March 23, shipping documents were issued in paper form for some time. On April 4, Tkachov reported that since the date of the cyberattack, shippers had issued more than 50,000 documents in paper form, and that this number had now been reduced to 4,000. He admitted that once all transport documents had been entered into the electronic system, the freight vertical’s performance indicators would be adjusted.
Of the 10.092 million tons of grain transported in January-April, 8.958 million tons were exported, with exports amounting to 2.76 million tons in January, 2.25 million tons in February, 1.68 million tons in March, and 1.1 million tons in April.
The volume of grain transported in the first 20 days of May amounted to 1.207 million tons, with an average daily load of approximately 73,000 tons.
At the same time, 89% of the grain transported by rail in May was destined for ports, compared to 92.6% in April and 90% in March. Only 10% of all grain transported for export went through western land crossings.
The situation is different for vegetable oil, with only 37.1% of the total volume transported to ports in May. In April, this figure reached 47.3%. The rest of the oil is transported through western land crossings. In total, 511.4 thousand tons of oil and 799.4 thousand tons of oilcake and meal were exported in the first four months of 2025.
Ukrzaliznytsia in 2024 reduced its operating profit from freight transportation by 2.3% compared to 2023 – to UAH 20.39 billion, while its operating loss from intercity, international, and suburban passenger transportation increased by 15.4% – to UAH 15.70 billion. According to the annual report available to Interfax-Ukraine, revenue from freight transportation last year increased by 10.3% to UAH 81.8 billion, while revenue from passenger transportation increased by 14.8% to UAH 10.67 billion.
As stated in the document, the largest operating profit in freight transportation was generated by the infrastructure component, which amounted to UAH 13.3 billion, up 8.3% from the previous year.
At the same time, the operating result of the rolling stock component decreased by 11.7% to UAH 6.93 billion, while that of the locomotive component fell almost fivefold to UAH 0.15 billion.
As for passenger transportation, the operating loss from intercity and international passenger transportation last year amounted to UAH 8.81 billion with revenue of UAH 10.67 billion, while suburban transportation lost UAH 9.31 billion with revenue of UAH 0.52 billion. In 2023, intercity and international passenger transportation brought an operating loss of UAH 7.46 billion with revenue of UAH 9.30 billion, while suburban transportation brought an operating loss of UAH 8.24 billion with revenue of UAH 0.56 billion.
Ukrzaliznytsia added that the operating result from auxiliary activities in 2024 amounted to UAH 2.99 billion, which is 3.7% less than the previous year, with revenue from these activities growing by 15.3% to UAH 9.78 billion.
In the report, the company noted that it is continuing its operational transformation and believes that further division into infrastructure, locomotive, and car components in the freight transportation segment, as well as disclosure of the infrastructure, locomotive, and car components in the intercity and international passenger transportation segment, is necessary for analyzing the company’s performance and further reorganization.
As reported, in 2024, the company increased its revenue by 11.1% to UAH 102.87 billion, but incurred a net loss of UAH 2.71 billion against a net profit of UAH 5.04 billion in 2023.
According to the Ministry of Economy, Ukrzaliznytsia provides more than 80% of freight and about 36% of passenger transportation within the country. The company is the largest employer in Ukraine with more than 190,000 employees and operates one of the largest railway networks in Europe, stretching over 19,000 km, of which more than 9,300 km are electrified. Ukrzaliznytsia has more than 1,400 stations and a significant fleet of locomotives, freight and passenger cars.