Starting next month, Ukrzaliznytsya will lease 5% of its railway freight wagons through auctions on the ProZorro.Sale electronic system. The goal is to cut corruption and to set a daily benchmark price for state railroad’s 61,000 cars. Until now, local rail line managers have been known to extort cash premiums for delivery of freight trains to grain silos and metal plants. Yevhen Kravtsov, the railroad’s acting CEO, called the auctions: “a transparent and really effective mechanism for Ukrzaliznytsya to get market value for the use of cars by our customers. A clear position in the price eliminates the possibility for corruption manipulations.”
Starting next month, Ukrzaliznytsya will lease 5% of its railway freight wagons through auctions on the ProZorro.Sale electronic system
