The State Railway Administration (Ukrzaliznytsia) intends to repair 37,500 freight cars in 2015, which requires UAH 844.8 million. However, Ukrzaliznytsia’s draft financial plan provides for only UAH 294.4 million, which is sufficient for financing repair of 11,200 freight cars. Therefore, Ukrzaliznytsia needs to find an additional UAH 550 million. An adviser to the Minister of Infrastructure, Oleksandr Kava, announced this on Facebook.
In addition, according to Kava, UAH 4.1 billion is required for re-equipment of depots.
The average wear and tear of Ukrzaliznytsia’s freight cars is 89.8%: 88.6% for gondola cars, 95.2% for grain cars, and 92.3% for cement cars.
Kava said in a recent interview with Interfax Ukraine that if Ukrzaliznytsia acquired 100 modern, dual-system freight locomotives, this would allow it to decommission 200 old locomotives and significantly improve the efficiency of freight transportation. He said that talks on this issue have already been initiated with European financial institutions - the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD).