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 Railway tickets to increase in price in 2017, no choice available, - Ukrzaliznytsia Chief Balczun

Railway ticket prices will go up in 2017. Ukrzaliznytsia, Ukraine’s major railway carrier, has presented its proposal to the Ministry of Infrastructure.

This was announced by Ukrzaliznytsia Chief Wojciech Balczun in an interview to Ukrinform, Censor.NET reports.

"We have no choice as we do not live in vacuum. The most recent price revision was in 2014," Balczun said.

He said that analysis of the past three years showed that actual inflation was much higher than forecasted. This forces Ukrzaliznytsia to increase its prices, especially given that a large share of ridership is subsidized for various social groups.

Read more: 1,000-percent margins, 365-percent interest rates, - Balczun on corruption in Ukrzaliznytsia

"Subsequently, we have a big problem with compensation or refund of these costs on the part of the state," the head of Ukrzaliznytsia said.

Balczun said his company has sent its proposals on the price increase to the Infrastructure Ministry. After the proposal is approved and forwarded to the Cabinet, Ukrzaliznytsia will provide more details on the move.





 
 
 
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