Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking and Finance Review - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Russia targets Ukraine's lifeline railways with 'systematic' attacks, CEO says
    Headlines

    Russia targets Ukraine's lifeline railways with 'systematic' attacks, CEO says

    Published by Global Banking and Finance Review

    Posted on September 23, 2025

    4 min read

    Last updated: January 21, 2026

    Russia targets Ukraine's lifeline railways with 'systematic' attacks, CEO says - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:Transportation Sectorfinancial stabilityEconomic Planning

    Quick Summary

    Russia intensifies attacks on Ukraine's railways, targeting infrastructure with drones. Recovery efforts continue despite economic impacts.

    Table of Contents

    • Impact of Russian Attacks on Ukraine's Railways
    • Overview of Railway Operations
    • Economic Consequences of Attacks
    • Recovery and Resilience Strategies

    Russia Intensifies Attacks on Ukraine's Railways, CEO Reports

    Impact of Russian Attacks on Ukraine's Railways

    By Max Hunder and Pavel Polityuk

    KYIV (Reuters) -Russia has unleashed a massive wave of attacks on Ukraine's railways since the summer, using new tactics to hit key nodes with long-range drones, but the network is holding up for now, the CEO of the state railway company told Reuters.

    "Their first aim is to sow panic among passengers, their second aim is to hit the overall economy," Oleksandr Pertsovskyi said in an interview held in a rail carriage at Kyiv's central station.

    Overview of Railway Operations

    There did not appear to be a particular focus on targeting military cargo. "These are all, in essence, strikes on civilian infrastructure," he said.

    Economic Consequences of Attacks

    RAILWAY ATTACKS HAVE INTENSIFIED

    Recovery and Resilience Strategies

    Ukrzaliznytsia, the vast state-owned railway company, employs 170,000 people and has been the target of Russian attacks since the start of Russia's invasion three-and-a-half years ago, but attacks have intensified, causing regular delays.

    Since the start of the war in February 2022, the railway network has been a lifeline for people moving around Ukraine and out of the country, as all civilian flights have been grounded.

    World leaders, from French President Emmanuel Macron to Indian Prime Minister Narendra Modi and former U.S. President Joe Biden, have arrived in wartime Ukraine by train.

    The rail company's popular sleeper carriages are seen as a reliable way to travel overnight and arrive early in the morning in cities many hundreds of miles away, until the latest Russian onslaught began to delay passengers by several hours.

    The railway is also crucial for transporting military equipment and commercial cargo, although volumes of the latter have dropped significantly in wartime, denting the company's finances.

    Pertsovskyi said the attacks, which have hit dozens of substations, were linked to the dramatic increase in long-range drones that Russia's military-industrial complex is producing.

    "Previously, they simply did not have sufficient resources for a single combat drone, such as a Shahed, to hunt down a locomotive. Now they can afford to use Shaheds to hit individual locomotives rather than strategic targets."

    QUICK RECOVERY BUT AT A COST

    For now, the railway is recovering from each blow, he said.

    The immediate disruption to trains after an attack usually lasts six to 12 hours and electric locomotives are switched out for diesel while power is restored.

    Pertsovskyi said disruption had been minimised and the transit of military cargoes had not been impacted.

    "It's a marathon ... They strike us, we recover," he said. "They strike us, we recover."

    Since the middle of summer, Russia has attacked railway electricity substations and other infrastructure nodes with an average of six to seven long-range Shahed kamikaze drones most nights, according to Pertsovskyi.

    "They are ... acting systematically, knocking out one substation after another or key rail hubs in order to stop passenger trains and sow panic and distrust among the people."

    Five or six key rail hubs have been bombarded since the summer, he said.

    Reuters could not independently verify the reports. Russia denies targeting Ukrainian civilians.

    The railway also faces sabotage from agents recruited by Russia in Ukraine. Ukraine's security services regularly announce the detention of people they accuse of plotting to blow up vulnerable points on the network.

    This is less of a threat than Russian airstrikes, but sabotage is on the rise with dozens of cases recorded this year, Pertsovskyi said.

    And diesel locomotives are about five times more expensive to run per kilometre than their electric equivalents - an additional headache for a company with deep financial issues.

    The World Bank estimates that roughly 30% of Ukraine's railway is in a "damage-repair" cycle.

    Some bridges had been hit many times over by Russian forces throughout the war and repaired each time, but Pertsovskyi declined to specify which ones, citing security reasons. The company would keep up the pace of repairs, he said.

    "If we slow down a little and let the enemy strike and destroy, then they will be even more drawn to the smell of blood."

    (Reporting by Max Hunder and Pavel Polityuk; Editing by Mike Collett-White and Ros Russell)

    Key Takeaways

    • •Russia is intensifying attacks on Ukraine's railways.
    • •The attacks aim to disrupt civilian infrastructure.
    • •Railway recovery efforts are ongoing despite challenges.
    • •Economic impacts are significant due to reduced cargo volumes.
    • •Sabotage and drone attacks are increasing threats.

    Frequently Asked Questions about Russia targets Ukraine's lifeline railways with 'systematic' attacks, CEO says

    1What has been the focus of Russia's attacks on Ukraine's railways?

    The attacks primarily target civilian infrastructure rather than military cargo, aiming to sow panic among passengers and disrupt the economy.

    2How has the railway network responded to the attacks?

    The railway network has been recovering from each attack, with disruptions lasting typically six to twelve hours as they switch from electric to diesel locomotives.

    3What challenges does Ukrzaliznytsia face due to the attacks?

    Ukrzaliznytsia faces significant financial issues, as diesel locomotives are much more expensive to operate, and the overall volume of commercial cargo has dropped during the war.

    4What role do long-range drones play in the attacks?

    Russia has been using long-range drones, specifically Shahed kamikaze drones, to systematically target key railway substations and infrastructure nodes.

    5What is the state of Ukraine's railway infrastructure?

    Approximately 30% of Ukraine's railway is currently in a 'damage-repair' cycle due to ongoing attacks, with some bridges being hit multiple times and repaired each time.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Novo Nordisk sees 'painful' US price cuts for Wegovy as investment in  the future
    Novo Nordisk sees 'painful' US price cuts for Wegovy as investment in  the future
    Image for Ex-Prince Andrew leaves Windsor home after latest Epstein revelations
    Ex-Prince Andrew leaves Windsor home after latest Epstein revelations
    Image for China says EU probe of Chinese wind turbine maker sends 'protectionist signal'
    China says EU probe of Chinese wind turbine maker sends 'protectionist signal'
    Image for MISC to supply liquefied carbon dioxide carrier to Northern Lights CCS project
    MISC to supply liquefied carbon dioxide carrier to Northern Lights CCS project
    Image for GSK expects softer 2026 sales growth as new CEO Miels prepares change in course
    GSK expects softer 2026 sales growth as new CEO Miels prepares change in course
    Image for Cricket-England coach McCullum praises 'tough lad' Brook's response to NZ controversy
    Cricket-England coach McCullum praises 'tough lad' Brook's response to NZ controversy
    Image for Fifteen migrants died off Greece after boat collision with coast guard
    Fifteen migrants died off Greece after boat collision with coast guard
    Image for Novartis expects low single-digit decline in 2026 operating profit
    Novartis expects low single-digit decline in 2026 operating profit
    Image for Soccer-Guardiola vows to speak up for victims of global conflicts
    Soccer-Guardiola vows to speak up for victims of global conflicts
    Image for Oil extends climb on fears of escalating Middle East tensions
    Oil extends climb on fears of escalating Middle East tensions
    Image for Britain launches framework to boost advanced nuclear reactor development
    Britain launches framework to boost advanced nuclear reactor development
    Image for Ukrainian energy minister says Kyiv power plant badly damaged
    Ukrainian energy minister says Kyiv power plant badly damaged
    View All Headlines Posts
    Previous Headlines PostOrsted court win against Trump lifts wind farm maker's shares
    Next Headlines PostRussian anti-aircraft units down drones in Moscow, other regions