The Cabinet of ministers replaced the head of Ukrzaliznytsia and raised tariffs for freight rail transportation

2021-08-12 12:05:15
Machine translation
The Cabinet of ministers replaced the head of Ukrzaliznytsia and raised tariffs for freight rail transportation

At a meeting on August 11, the Government of Ukraine dismissed Acting Chairman of the management board of Ukrzaliznytsia Ivan Yurik and appointed Oleksandr Kamyshyn to this position after the national security and Defense Council of Ukraine initiated the introduction of temporary management at Ukrzaliznytsia until the election of the chairman of the management board and the formation of new management bodies, taking into account the critical state of the company, which threatens the national security of the country.

 

The NSDC reported, referring to the data of the SBU, that due to imperfect tariff regulation over the past 4 years, the company has lost almost UAH 100 billion, and warned that further work under such conditions will lead to bankruptcy. We are talking about the difference in tariffs for different classes of cargo, namely, subsidizing ore carriers by discriminating against other shippers. Attempts to change the situation were previously stopped by lobbyists of Rinat Akhmetov, whose business now receives the greatest preferences from the current tariffs.

 

The state regulatory service has agreed on a two-stage increase in freight transportation tariffs, which in 2021 will bring the company UAH 10 billion, and most of all the changes will affect Metinvest (UAH 3.2 billion) and DTEK (UAH 1 billion), owned by R. Akhmetov. Earlier, the relevant changes were approved by the Ministry of Finance and the Ministry of Economy, and now the order must be registered by the Ministry of Justice.

 

The tariff for transportation of iron ore by rail will increase by 8% from 01.09.2021, and by another 20.4% from 01.01.2022. The tariff for transportation of agricultural products will increase by 8% from 01.09.2021, and by another 6% from 01.01.2022. The mileage of empty cars will also rise in price.

 

The Supervisory Board of UZ proposed to change tariffs a year ago, when iron ore prices began to rise, but lobbyists at the level of the state regulatory service blocked this initiative. In January 2021, the Supervisory Board proposed to the former head of UZ Vladimir Zhmak to raise tariffs for cargo transportation, but he left them unchanged, saying that they are not the main reason for the company's losses.

 

Recall that Alexander Kamishin from 2012 to 2019 was an investment manager at SCM and a member of the Supervisory Board of Portinvest, owned by R. Akhmetov.

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