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.
JSC Ukrzaliznytsia (UZ) has listed 27 of 30 planned scrap metal lots with a total value of UAH 77.12 million on the Prozorro.Prozori system.
The size of the lots offered for sale ranges from 130 to 700 tons, and UZ plans to sell a total of 12,000 tons of scrap metal in thirty lots, the company’s press service reported on Friday.
The auction will take place on May 26. All lots will be sold in three rounds in the English format (by increasing the price).
The scrap metal is located in the Kyiv, Kharkiv, Lviv, Poltava, Odesa, and Chernihiv regions. A single loading cost per railway car has been set for all lots at 1,344.5 UAH/ton (including VAT), UZ reported.
“It is fundamentally important for us that the auction takes place with maximum competition, participation, and results. For our part, we have done the preparatory work, including switching to the updated DSTU, reducing the number of shipping points, etc.,” said Yevgeny Shramko, a member of the UZ board (Repair and Production), as quoted by the company’s press service.
Earlier it was reported that after a nearly two-year hiatus, UZ plans to resume auctions in the Prozorro.Prozori system. The company said it was ready to put up for sale about 160,000 tons of scrap metal for gradual sale in separate lots.
“Ukrzaliznytsia is launching an additional train to Truskavets from Kyiv, the company’s press service reports.
“Ukrzaliznytsia is launching the traditional additional train No. 159/160 Kyiv-Truskavets-Kyiv for the peak days of spring!” the statement said.
In particular, the dates of departure from Kyiv are expected to be April 25, 26, 27, and May 2, 3, 4. It is noted that the departure time is at 10:16. Arrival in Truskavets is at 19:37.
Meanwhile, the dates of departure from Truskavets are April 25, 26, 27, and May 2, 3, 4. Departure time is 09:03, arrival in Kyiv is 19:11.
There will be stops in Lviv and Drohobych.
Tickets can be purchased in the Ukrzaliznytsia app, at booking.uz.gov.ua or at railway ticket offices.
Ukrzaliznytsia JSC intends to put up for sale the first batches of scrap metal after a long suspension of auctions in the Prozorro system.
According to the press release, the company currently has about 160,000 tons of scrap metal ready for sale, which will be sold gradually and in separate lots.
It is noted that the railroad is currently working to ensure that the auction is held with maximum competition and number of participants, as well as successful results. To this end, the company is working in detail on each lot planned for sale and consulting with the market.
In particular, Ukrzaliznytsia held a meeting with more than 30 business representatives to discuss upcoming scrap metal auctions.
“We are actively preparing for the auctions, and all procedures have been improved. We have already switched to the updated DSTU in terms of the scrap sale procedure, as well as established a single cost for scrap loading and reduced the number of points of shipment,” said Yevhen Shramko, a member of the Board of Directors of Ukrzaliznytsia.
In addition, the parties discussed in detail payment for scrap purchase contracts, shipment terms and contract validity, and different lot sizes to meet the needs of customers.
Following the meeting, the participants agreed to exchange comments and suggestions as soon as possible to ensure the earliest possible start of the first scrap auctions on transparent, non-discriminatory and favorable terms.
As reported, after a two-year pause, Ukrzaliznytsia will put up scrap metal lots in the Prozorro. Sale in mid-May. In early April, the Cabinet of Ministers allowed Ukrzaliznytsia to independently decide on the disposal of property with a book value of less than UAH 500 million, so the company will be able to start selling scrap metal and gravel.
In September 2023, a government decree canceled the procedure for alienating Ukrzaliznytsia’s property by decision of the company’s board. The sale of property, including scrap metal, and lease of property had to be approved by the Cabinet of Ministers.
After a two-year pause, Ukrzaliznytsia JSC (UZ) will put up lots of scrap metal in the Prozorro. Sales in mid-May, according to Yevhen Shramko, a member of the company’s board.
“If everything goes according to plan, in mid-May you will see the first lots (of scrap metal – IF-U) in Prozorro. Sale… We are aiming for May 15,” Shramko said at a meeting with potential buyers of scrap metal in Kyiv on Tuesday.
According to him, Ukrzaliznytsia plans to sell about 70,000 tons of scrap metal at the first stage.
According to the presentation at the meeting, the total amount of available scrap available for sale is 159.5 thousand tons.
Earlier it was reported that in early April, the Cabinet of Ministers allowed Ukrzaliznytsia to independently decide on the disposal of property with a book value of less than UAH 500 million, so the company will be able to start selling scrap metal and crushed stone.
The Ministry of Communities and Territories Development reported that Ukrzaliznytsia will be able to sell more than 218.6 thousand tons of ferrous scrap for UAH 1.6 billion, 3.8 thousand tons of non-ferrous scrap and alloys for UAH 233.4 million.
In 2023, Ukrzaliznytsia held more than 100 successful electronic auctions for the sale of scrap and 47 auctions for the lease of property assets. The company received more than UAH 535 million in additional revenue from the sale of ferrous and non-ferrous scrap alone.
In September 2023, a government decree canceled the procedure for alienating Ukrzaliznytsia’s property by decision of the company’s board. The sale of property, including scrap metal, and lease were to be carried out only with the approval of the Cabinet of Ministers. However, the new resolution did not specify the procedure for government approval of such decisions.
To address this issue, the company initiated amendments to the resolution in December 2023.
In an interview with Interfax-Ukraine, former Ukrzaliznytsia CEO Yevhen Lyashchenko said that the company’s scrap stocks amounted to 184,000 tons at the beginning of 2023.
The company resumed holding scrap auctions in 2022 and offered to sell part of the scrap for export at foreign market prices. The company officially addressed the government with proposals to adjust the procedure for managing its property, according to which it proposed to allow the sale of some scrap to major global producers of mining and metals products under direct bilateral agreements without duty.
In addition, the company submitted a list of nearly 40 foreign companies that might be interested in the proposal.
In January-March 2025, Ukrzaliznytsia JSC (UZ) tripled the number of repaired locomotives and repaired 50% more electric trains than in the same period last year, the company’s press service reports.
“Ukrzaliznytsia has increased the volume of rolling stock repairs and component manufacturing. Due to this, in the first quarter of 2025, we record a positive trend in the volume of rolling stock repairs and production of major railway components,” the company’s press service posted on Facebook on Thursday.
In January-March 2025, 12 electric trains were repaired, which is 50% more than in the same period in 2024. The number of repaired locomotives during this period tripled to 29 units.
In addition, the number of repaired line equipment units (infrastructure elements located along the railways that ensure uninterrupted, safe and efficient operation of rolling stock – IF-U) increased by 70% (to 1173).
Ukrzaliznytsia reported that the production of sleepers in the first quarter doubled to 79 thousand units, the production of rail connectors and other components increased by 20%, and the production of reinforced concrete structures increased by 18%.
Earlier it was reported that in 2025 Ukrzaliznytsia will complete the creation of the Locomotive Company, which will centrally coordinate the existing locomotive depots. UZ has about 50 locomotive depots: repair depots that carry out major repairs and modernization of the locomotive fleet and operational depots that service locomotives between flights.
