Ukraine foresees a growth in EU-bound rail freight traffic in the coming years. In order to streamline a part of its organisation, Ukrainian Railways’ (UZ)…
Category: Ukrainian Railways
Ukrainian Railways breaks container volume records and grows capacity
It might sound surprising, but Ukrainian Railways just broke a volume record that has been intact since 2021. Despite continuous challenges in the past years, the state-owned operator recorded an impressive 60 per cent year-on-year increase in TEU (totalling 116,129 TEU) in the first five months of 2024, the highest volume of containerised cargo transported…
Ukrainian Railways receives half a billion euros in international support
Ukrainian Railways (UZ) is receiving approximately 500 million euros in international financial support. The money comes from the European Bank for Reconstruction and Development (EBRD) in the form of a loan, as well as from the World Bank and Switzerland as a grant. The money is to be spent on electric locomotives and infrastructure. UZ,…