Business news from Ukraine

UKRZALIZNYTSIA EXPECTS 15% RISE IN REVENUES FROM HIGH-SPEED TRAFFIC IN 2016 – DRAFT FISCAL PLAN

22 February , 2016  

KYIV. Feb 22 (Interfax-Ukraine) – PJSC Ukrainska Zaliznytsia expects the revenues of its subsidiary Ukrainian High-Speed Railway Company from passenger traffic in 2016 to amount to UAH 663.7 million, which is 15.3% higher than the plan for 2015 and 15.1% more than the rate expected for 2015.
According to an explanatory note to the draft financial plan of the company for 2016, the revenues are expected to grow due to the increase in the number of passengers carried, the introduction of high-speed trains on new directions, putting on additional pairs of trains.
Thus, high-speed Intercity+ trains are to be introduced on the following routes: Kyiv-Kharkiv-Kyiv, Darnytsia-Lviv-Darnytsia, Kyiv-Kostiantynivka-Kyiv, Kyiv-Dnipropetrovsk-Krasnoarmiysk-Kyiv, Kyiv-Zaporizhia-Kyiv, Darnytsia-Truskavets-Darnytsia, Darnytsia-Odesa-Darnytsia, Kyiv-Kryvy Rih-Kyiv. High-speed Intercity trains run on the Darnytsia-Ternopil-Darnytsia route.