Donetsk Railway made record loss in 2014
Published: Mon, 2015-04-27 10:00Donetsk Railways saw a record net loss of Hr 1.126 billion ( 440 million euro) in 2014, while in 2013 its net profit totaled Hr 64.762 million, according to an annual report of the company posted in the information disclosure system of the National Commission for Securities and the Stock Market of Ukraine.
Donetsk railway is a constituent of the Ukrainian railway and lies on the territory of Donetsk and Lugansk, and partially Dnipropetrovsk, Zaporizhsk and Kharkiv regions of Ukraine. 4 rail traffic directorates are parts of the main line.
Total working mileage of the railway – 2927,6 km. Donetsk railway services Donetsk and Lugansk, and partially Dnipropetrovsk, Zaporizhya and Kharkiv regions. It combines Donbas with the Upper-Dnipro region, central regions of Russia and Ukraine with Volga region and the Caucasus in the single transport conveyor. In the South Donetsk railway has an outlet to the Sea of Azov through Mariupol commercial port. Total length of its tracks amounts to 13% of the total railway network length of Ukraine. The traffic has been disturbed severely during the last 12 months by the fighting in the area.
Source: Donetsk Railways