“Ukrzaliznytsia” raises grain transportation rates

14.09.2017

The epic with the increase in tariffs for railroad transportation approached its final. Since February 2017, the tariff increase was postponed by the Ministry of Infrastructure or blocked by the State Regulatory Service, and that time was used for negotiations between “Ukrzaliznytsia” and business in order to reach a consensus.

Despite numerous discussions, from October 01, 2017, transportation tariffs are expected to be raised by 22.5%, reports UkrAgroConsult.

Growing prices for material resources, fuel, electricity and the need to invest in the rolling stock have forced “Ukrzaliznytsia” to raise the tariffs this year. The financial plan of “Ukrzaliznytsia” for 2017 envisages the development of capital investments in the amount of UAH 16 billion, of which 56.2% will be spent on the rolling stock renewal.

Full version of the article is available to subscribers for weekly market report “Black Sea Grain & Oil” and “Online market review” by UkrAgroConsult.

 

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