Lemtrans transported 1.64 million tons of iron ore in 2022

Transportation of ferrous metals for the year amounted to 480,000 tons

In 2022, Lemtrans, the largest private operator of cargo transportation in Ukraine, reduced the transportation of iron ore by 5.9 times compared to 2021 – to 1.64 million tons. The press service of the company informed GMK Center about this.

In general, in 2022, the company reduced the volume of transportation of various goods by 2.2 times compared to 2021 – to 18.8 million tons, in particular:

• coal – 13.9 million tons (-25.6% y/y);
• construction materials – 2.02 million tons (-60.5% y/y);
• ferrous metals – 480,000 tons (-85.1% y/y);
• flux – 300 thousand tons (-87.7% y/y).

The volume of capital investments almost did not decrease and remained at the level of the previous year – UAH 306 million (-7.8% y/y).

“Despite the war, we did not stop investing in our projects. In 2022, we completed construction and opened a terminal in Mostysk with a partner. Together with Levada Cargo, we continued work on the development of the intermodal terminals network, as well as the purchase of fitting platforms and containers. Investments within the framework of these projects amounted to UAH 290 million”, notes the CEO of Lemtrans Volodymyr Mezentsev.

Also, in 2022, the company reduced the volume of planned and current types of repairs of freight railcars at the Lemtrans car repair yards by 44% y/y – 6.94 thousand units.

In 12 months, the company transferred UAH 1.3 billion in taxes to the budgets of all levels. In particular, the state budget – 1.2 billion UAH, the local budget – 95 million UAH. 22 million hryvnias were allocated to help the army and the population of Ukraine during the year.

Lemtrans is the largest private operator of freight rail transportation in Ukraine. In 2021, the company reduced railway transportation of iron ore by 60.3% compared to 2020 – to 9.79 million tons.