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Cabinet of Ministers approves Ukrzaliznytsia strategy till 2024

The respective decision was made at the sitting of the Government
14:16, 12 June 2019

session of Ukraine’s Cabinet of Ministers
Open source

The Cabinet of Ministers of Ukraine approved the strategy for Ukrzaliznytsia for 2019-2023. The respective decision was made at the sitting of the Government, as the representative of the Board of the company Yevhen Kravtsov said.

According to the approved strategy, the company will hold ten key events, including the implementation of reasonable tariffs for 2019-2022, reorganization of the society from regional structure in business-segments in 2020-2022.

Related: Ukrainian railways Ukrzaliznytsia might cause economic slowdown by raising tarifs

Besides, Ukrzaliznytsia intends to develop an investment program in 2020 and implement in 2021. The strategy provides for rationalization of network and business units for 2021.

In 2019, client-focused assessment and development of list of services is planned, implementation and reorganization of non-core assets are planned for 2020-2022.

Related: Ukrzaliznytsia to launch 30 General Electric locomotives in 2019

In 2021, the introduction of a new system of transportation control and security management system will be provided, in 2022, public-private partnership and program are provided, it is being funded from state budget.

In 2019-2021, anti-corruption campaign though the increase of transparency is planned.

Related: Ukrzaliznytsia company gets eight new locomotives from General Electric

As it was reported, Ukraine’s PM Volodymyr Groysman appealed to the Chairman of the board of Ukrzaliznytsia Yevhen Kravtsov and said that train managers which let rolling stock in a poor condition have to be fired.

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