The Ukrzaliznytsia public joint-stock company expects to earn more than UAH 600 million in additional revenue from passenger transportation in 2016. The company’s acting board chairman Oleksandr Zavhorodnyi announced this at a news briefing, LigaBusinessInform reports.
“Ukrzaliznytsia expects to earn more than UAH 600 million in additional revenue from passenger transportation in 2016," Zavhorodnyi said. According to him, such figures are stipulated in the company’s financial plan.
Zavhorodnyi added that the company expected to generate this additional revenue by reducing costs and improving the classes of trains. "Forty railcars have been modernized as of today, and they will soon begin operating on routes... New inter-regional trains – similar to commuter trains – are also being introduced. Tariffs for them will be higher," he said.
"Today, we come to the point that we are transporting passengers over a distance of 80 kilometers for UAH 10," Zavhorodnyi said.
As reported, Zavhorodnyi recently announced a review of the passenger transport model in Ukraine, with a focus on development of hubs. Ukrzaliznytsia’s deputy general director Ihor Breus said that railway hubs would be created not only in big cities. He also said that they would save Ukrzaliznytsia UAH 20 billion.