16:04 18.01.2018

Ukrzaliznytsia intends in 2018 to spend about UAH 10 bln for repairs – draft fiscal plan

Ukrzaliznytsia intends in 2018 to spend about UAH 10 bln for repairs – draft fiscal plan

The volume of repair works for 2018, planned by Ukrzaliznytsia, based on the urgent needs of the railway industry for security of passengers and goods transportation, is UAH 9.6 billion, which is 60.4% more than the plan for 2017.

This is stated in an explanatory note to the draft consolidated financial plan of the company for 2018, posted on the website of Ukrzaliznytsia.

"The physical state of fixed assets is in an extremely unsatisfactory condition, many objects (including rolling stock) with overdue repair terms. Thus, fixed assets require a significant amount of repair work," the document says.

Of the planned funds for repairs, the largest share is that of repair of facilities: the repairs of locomotives will require UAH 2.1 billion (22% of total costs), tracks some UAH 2.5 billion, (26%), wagons for suburban passenger traffic some UAH 800 million (or 8%) and passenger carriages some UAH 1 billion (10% of all expenses).

Company specialists defined the main types of work for 2018 in the document. So, it is planned to repair 870 km of track for UAH 560 million, reconstruct 560 km of track for UAH 87 million, replace metal parts of 210 crossing sets for UAH 134 million, and repair 790 sets for UAH 179 million.

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