Olexandr Kamyshin announced plans to create a railway company designed for freight transportation in Europe. The new subsidiary could be ready by the end of 2023, despite the many challenges involved in setting it up. Kamyshin also stressed that the establishment of a European freight branch is critical, as “Ukrainian carriers face difficulties when working with their European counterparts.”

UZ tariff

Not surprisingly, the Ukrainian state-owned company is ready to go one step further and establish a branch for rail transportation operating with a European license and registration, as well as create an entire team to manage the newly created company.

Modern service center to be built in Gdansk

The task will not be easy, given that in addition to all the above obligations, UZ will also need to purchase new rolling stock. “There is hope, and we are doing everything to make it come true,” Kamyshin commented to the Ukrainian news agency Interfax-Ukraine.

Earlier it was reported that UZ, within the framework of the project, purchased 40 tank cars of the European gauge, for the supply of diesel fuel to Ukraine, and plans to purchase 100 fitting platforms.

Railway news you might have missed:

A key section of the Mediterranean Corridor is almost ready for operation

Find the latest news of the railway industry in Eastern Europe, the former Soviet Union and the rest of the world on our page on Facebook, Twitter, LinkedIn, read Railway Supply magazine online.

Place your ads on webportal and in Railway Supply magazine. Detailed information is in Railway Supply media kit