Ukrzaliznytsya has announced an increase in tariffs in 2020

Укрзалізниця анонсувала підвищення тарифів у 2020 році

To travel Ukrzaliznytsya will be more expensive

In 2020, Ukrzaliznytsia plans to increase tariffs for cargo and passenger transportation. Therefore, prepare for the fact that tickets with a new year will rise in price again!

The desire of Railways shows the draft financial plan of the enterprise for next year, which it represented in the American chamber of Commerce.

It is planned that tickets for passenger transport will grow by 21.9 percent , tariffs will increase by 2% per month from March 1, 2020. At the same time, the company will continue the program to update the fleet of passenger trains. Just to update the rolling stock is planned to allocate UAH 5.6 billion, 3.3 billion UAH of them – for capital construction, 836 million UAH for capital repairs.

Укрзалізниця анонсувала підвищення тарифів у 2020 році

The cost of tickets will grow again

The project has other targets of the enterprise:

  • The volume of passenger traffic in 2020 is expected to increase by 1.5%. The largest increase in passengers is expected in international traffic – by 10.1%, while in the inner projected growth of 1.2%, and in suburban and 0.9%.
  • The revenue BONDS in 2020 should amount of 105.2 billion, an increase of 13% compared to the figure of 2019. Revenues from freight traffic in 2020 should amount to 82,9 billion (an increase of 14%), passenger – UAH 8.9 billion (an increase of 8%), additional production – UAH 9.1 billion (an increase of 10%), other operational income – UAH 2.1 billion (an increase of 32%).
  • Net income in 2020 is projected at 1.3 billion UAH, which is 71.1% less than plan for 2019 or 62 percent less than the expected figure for the current year.

We will remind, in the beginning of the month, “Ukrzaliznytsia” has shared fresh statistics: at the end of October 60% of tickets were sold online, and since the beginning of 2019 such has sold more than 25 million tickets.

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