The government predicts that in 2024, UZ will endure more than ₴12B in losses. This is stated in the Ukrainian Railways (UZ) financial plan for next year, which has been approved by the Cabinet of Ministers. As well, it is forecast that net income will reach ₴98.6B and total inc... #UkrainianRailways #UZFinanciallosses #YevhenLyashchenko
UZ losses extended into the first quarter of this year, suffering a $62 million loss for Q1 , the railroad reported last week. Passenger traffic peaked at 4.5 million, which was only 63% the level of Q1 last year. Cargo rates, especially for iron, are kept below comparative rates in Poland. ... #UkrzaliznytsiaLosses2021 #UZFinanciallosses
