A new legislation regarding the increasing of transportation price by 15% was issued

A new legislation regarding the increase in transportation price by 15% was issued on October 31. Such an information appeared on the website of “Ukrzaliznytsia”.

There was also noted that such an increase in prices is nothing but a compromise that was achieved during long negotiations between the representative of “Ukrzaliznytsia” and the participants of the freight transportation market. The income from the introduction of new prices is planned to be used for re-equipment, construction and purchase of new railway cars, as well as the development of transport infrastructure. In the rolling stock renovation program 2021, the amount of money allotted for these purposes is 108 billion UAH. This is a large amount of money that industry has not had for a long time, but which will help improve its work, increase freight volumes and stabilize the country’s economy.

There is also noted that transportation prices have not been changed since April 2016, and in 2017 the increase in price will be only 2.5%.