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12 January 2021, 15:57

Business

Lockdown prevents Donbass Railways from meeting shipment, revenue targets - director

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LUGANSK, January 12 (Lugansk Media Centre) - The Donbass Railways cross-border concern failed to meet its targets for shipments and revenue last year because of the restrictions introduced against the spread of the coronavirus infection, Donbass Railways director general, chairman of the board Vasily Nazaryan said.

“Underperformance happened due to the introduced restrictions and a number of circumstances beyond our control,” Nazaryan said. “For example, the cargo turnover target was only met at 61 percent compared with the previous year and the passenger turnover target at 67 percent which resulted in a 29-percent revenue loss from 2019.”

At the same time, affiliated companies exceeded certain targets and last year results repairing 13 electric and three diesel locomotives, he said.

“Fifty-one freight cars were completely overhauled and 1,505 cars were repaired at depots.  Donetsk Railways overhauled five passenger cars for the Lugansk Railways state unitary enterprise; I want to note their well-coordinated use of the fleet of locomotives and rail cars,” the director general said adding that “huge attention was given to the restoration and modernisation of infrastructure facilities.”

“We plan to continue to upgrade the rolling stock and restore and modernise infrastructure in 2021,” Nazaryan said.

Lugansk Railways cancelled passenger transportation starting May 12, 2020 until further notice. Suburban traffic partially resumed on June 1, 2020. Lugansk Railways also suspended the rail link with the Donetsk People’s Republic.

The World Health Organisation called the COVID-19 coronavirus infection a pandemic. The first coronavirus infection cases were recorded in China in late 2019.  The number of coronavirus contacts across the world has exceeded 89.4 million by now; of those, over 1.9 million people have died. The LPR has confirmed 2,243 COVID-19 cases; 195 patients have died.

To prevent the spread of the coronavirus infection, the LPR authorities put the Republic on high alert and introduced lockdown measures.

LuganskMediaCentre — 12 January — Lugansk