According to the results of the first quarter of 2026, Ukrzaliznytsia received a loss of about UAH 7.9 billion. The deterioration of the company's financial condition is explained by the consequences of enemy shelling and a sharp increase in the cost of energy resources.. This is stated in a message from the carrier’s press service..
Drop in traffic.
It is noted that in January-March the railway network and rolling stock were subject to 541 impacts, which is half the figure for the entire 2025. As a result, 1,718 objects were damaged, and 28 railway workers were injured..
Attacks on ports, factories and locomotives, as well as winter power outages forced metallurgical and mining plants to reduce production volumes and, accordingly, transportation of products. The volume of freight traffic decreased by 6.4% to 34.8 million tons compared to the same period last year.
Long-distance passenger traffic fell by 10% to 5.8 million passengers as railway workers were forced to change or shorten routes due to the threat of shelling.
Increase in fuel prices.
The conflict in the Middle East provoked an increase in the purchase price of diesel fuel by almost 50% in March..
In addition, due to the destruction of energy generating capacities and the transition to imported electricity, its cost for the company increased by 52%, which led to additional costs in the amount of UAH 2.58 billion.
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How they survive.
At the same time, Ukrzaliznytsia is implementing a program to increase operational efficiency worth more than UAH 10.2 billion through the sale of scrap metal, lease of space through Prozorro and disposal of non-core assets.
An important step was the introduction of an experimental state order mechanism, according to which the state began to systematically compensate for the difference between the cost of passenger transportation and current tariffs.
As ZN wrote. UA, UZ's only source of income is freight transportation. And from the point of view of any business, it is logical and natural to focus on serving the budget-creating customer segment. This common sense logic dictates the need to continuously improve business processes in order to reduce own costs and maintain customer satisfaction.. Read about this in the article Locomotive of change or ballast: how to really increase the efficiency of Ukrzaliznytsia.