Russia damages 209 locomotives, 239 passenger cars of Ukrzaliznytsia in 2025, Q 1 2026
Since the beginning of 2025, Russia has intensified attacks on Ukrzaliznytsia's operating assets, leading to increased capital expenditures, disruption of operations, and restrictions on freight and passenger transportation throughout Ukraine, according to the company's stock exchange presentation on limited negotiations on the restructuring of its Eurobonds.
According to it, 209 locomotives were damaged in 2025 and the first quarter of 2026 (1st half of 2025 – 9, 2nd half of 2025 – 119 and 1st quarter of 2026 – 81).
As for the cars, during the specified period, Russia damaged 239 passenger cars in attacks (46 in the first half of 2025, 153 in the second half of 2025, and 40 in the first quarter of 2026) and 371 freight cars (91 in the first half of 2025, 135 in the second half of 2025, and 145 in the first quarter of 2026).
The presentation also stated that 86 bridges (2 in the first half of 2025, 62 in the second half of 2025, and 22 in the first quarter of 2026) and 50 train stations (17 in the first half of 2025, 21 in the second half of 2025, and 12 in the first quarter of 2026) were damaged due to Russian shelling in 2025 and the first quarter of 2026.
Before the war, in April 2021, the publication Railway Supply, citing UZ data, reported that the company operated 1,532 locomotives, including 749 electric locomotives and 783 diesel locomotives. Reserve locomotives included 222 electric locomotives, including 109 freight and 113 passenger locomotives, and 223 diesel locomotives, of which 66 were designed for freight trains, seven for passenger service, and 150 were shunting locomotives.
As reported, Ukrzaliznytsia held limited negotiations from April 1 to April 8 with members of the ad hoc group (AHG) of holders of its $1,055 million Eurobonds at par value, during which it presented its proposal for their restructuring, but so far without result.
In 2025, the company reduced its freight volume by 8%, from 175 million tonnes to 161 million tonnes. Its revenue fell by 15.6% to $2.2 billion, and EBITDA by 30.2% to $293 million, $270 million of which was budget support.
