OREANDA-NEWS. On June 26, 2009 President Victor Yushchenko expressed assurance the ‘Ukrzaliznytsya’ needs new development strategy, reported the Official website president.gov.ua.

According to the President Ministry of Transport and Communication and ‘Ukrzaliznytsya’ are “experiencing difficult time now”. “The basic problem is Ukrzaliznytsya continuously loosing money, which means that the company should get a new development strategy” – said the President.

Victor Yushchenko stressed that he has a number of questions to the Government and the Parliament as to why there is still no State program of reforming the railway transportation adopted, although its concept had been worked out back in 2006 or National Commission for Regulation of Transport was not established.

Speaking about tariff policy in railway transportation sector President Yushchenko emphasized that it is illogical as after recent changes in tariffs on May 1, 2009 the state still continues to subsidize the rich passengers, wasting hundreds of millions of hryvnyas, while ‘Ukrzaliznytsya’ has hard time finding 60-70 million hryvnyas needed for purchasing cars and locomotives of its own production. According to the President current internal organization of rail transportation sector is wrong and needs reforming.