Ukrzaliznytsia will receive 1,592 wagons confiscated from the Russians

So far, the Government has designated the State Property Fund as the management body for 1,592 wagons that previously belonged to Russian companies and were confiscated in Ukraine.

Ukraine has confiscated 1,592 wagons that belonged to Russian companies and were used to transport commercial cargo. This was announced by the Prime Minister of Ukraine Yulia Svyrydenko.

Now the Cabinet of Ministers has adopted a decision that launches a mechanism for their further use in the interests of the state. The estimated cost of the confiscated rolling stock is about UAH 2.2 billion. The Government notes that the wagons are in working condition and can be used until the end of their service life for cargo transportation, including military purposes.

This concerns the property of sanctioned residents of the Russian Federation, including VEB-Leasing, the state development corporation VEB.RF, JSC State Transport Leasing Company, JSC Nord, a subsidiary of Sberbank Leasing, as well as other Russian structures related to the financial and logistics sector.

Before the start of the full-scale invasion in 2022, these wagons were used by Russian companies for transportation across the territory of Ukraine and the EU countries. After the start of hostilities, the rolling stock remained on the territory of Ukraine, was arrested, and later confiscated. The corresponding decision was adopted last year by the National Security and Defense Council of Ukraine, it was put into effect by presidential decree and approved by law.

The government emphasizes that work on the confiscation and further use of the assets of the aggressor country continues, and Ukraine is simultaneously interacting with international partners so that Russia is held accountable for the damage caused, and the seized assets are used to restore the state.

As USM previously wrote, the needs of Ukraine’s transport sector have increased by more than 20% due to Russia’s attacks on railways and ports.