Ukrzaliznytsia also acknowledged that almost half of the funds from the previous tariff increase went to debt service

In “uz” said about where I went a significant portion of the funds from 7 billion posted to its accounts. This writes the “Ministry of industry”.

Member of the Board of “UZ” Alexander Bujor during today’s visit to the Darnytsia car-repair plant (DVRZ) noted that money from the previous tariff increase was spent on rolling stock renewal.

So, 7 billion UAH 3.4 billion went to service the debt, and 1.6 billion on investments in infrastructure.

We will remind, earlier “Ukrzaliznytsya” has repeatedly criticized the fact that it does not spend effectively accumulated funds from the tariff increase. 24 Nov the head of “UZ” Wojciech Balczun criticized the argument about 7 billion UAH: “our debt? And a technical default? And procurement procedures, financial results, the stability of the firm in relation to financial institutions, our cash flow? Need to know the basic principles of Economics”, – he noted.

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