Грузин Гео

Ukrzaliznytsia recorded a loss of UAH 7.9 billion in the first quarter of 2026 amid attacks and rising costs.

Ukrzaliznytsia ended the first quarter of 2026 with a net loss of UAH 7.9 billion. The company noted that the period was challenging due to large-scale attacks on infrastructure: 541 strikes on the railway system and rolling stock were recorded over the three months – nearly half the total number of attacks seen in 2025. As a result, 1,718 infrastructure facilities were damaged, and 28 railway workers were injured while performing their duties.

Financial performance also deteriorated amidst declining transport volumes. Freight volumes fell by 6.4% to 34.8 million tonnes, while long-distance passenger traffic dropped by 10% to 5.8 million passengers.

A sharp rise in energy costs placed additional pressure on the results: the price of diesel fuel surged by nearly 50% in March, and electricity costs rose by 52%, driving up the company’s expenses by UAH 2.58 billion.

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