Ukrzaliznytsia may raise ticket prices by 12% in April

The funds raised are planned to be spent on the development of passenger infrastructure.

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Ukrainian state-run railways operator JSC Ukrzaliznytsia has said the cost of tickets may grow by 12% from April 2018.

The same increase will take place in October, Hromadske reports, citing acting CEO of Ukrzaliznytsia Yevhen Kravtsov.

The received funds are planned to be spent on the development of passenger infrastructure.

Read alsoUkrainian Railways annonuces first tenders for Kyiv-Boryspil Airport line"We applied to the Ministry of Infrastructure as a regulator of passenger tariffs on the railway about the need to raise prices in two stages this year – in April by 12%, and in autumn, most likely in October – by another 12%," Kravtsov said.

The order of the Ministry of Infrastructure on raising tariffs for railway passenger transportations is still under consideration, Ukrzaliznytsia said.

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