Headlines
Ukraine says higher freight tariffs are inevitable
Published by Global Banking and Finance Review
Posted on December 15, 2025
2 min readLast updated: January 20, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on December 15, 2025
2 min readLast updated: January 20, 2026
Ukraine will raise freight tariffs due to Russian attacks, impacting industries. The 27% increase is controversial among businesses.
KYIV, Dec 15 (Reuters) - Ukraine will be unable to avoid increasing freight tariffs as its transport system is targeted by constant Russian attacks, a deputy economy minister was quoted as saying on Monday of measures strongly opposed by the industrial and farming sectors.
Multiple industry associations have said that state railway company Ukrzaliznytsia's plans to increase freight tariffs by 27% from January 1 would make many businesses unprofitable.
Ukrzaliznytsia CEO Oleksandr Pertsovskyi told Reuters in September that the company had prepared a recovery plan that included higher freight tariffs to help to control debt in the face of Russian attacks and falling cargo deliveries.
"It's impossible to say that there will never be indexation (of freight tariffs)," the Agroportal online research data site quoted Taras Vysotskiy as saying.
"It's definitely inevitable. The only question is how to do it in the most consensual way possible," the deputy economy minister added.
Ukraine is a major grower and exporter of grain and oilseeds that are largely transported through Black Sea ports where agricultural products are delivered by rail.
"For farmers, the increase in Ukrzaliznytsia's tariffs is effectively a kind of additional tax," said Mykhailo Sokolov, deputy head of Ukrainian farmers' union UAC.
(Reporting by Pavel PolityukEditing by David Goodman)
A freight tariff is a fee charged by transportation companies for the movement of goods. It is typically calculated based on weight, distance, and type of cargo.
Ukrzaliznytsia is the state railway company of Ukraine, responsible for the operation of rail transport services within the country.
Indexation in tariffs refers to the adjustment of prices based on a specific index, such as inflation, to ensure that the value of the tariff remains consistent over time.
Agricultural products are goods produced through farming, including crops like grains and oilseeds, which are often transported for trade and export.
A recovery plan is a strategy developed by organizations to restore operations and manage financial stability after a crisis or significant disruption.
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