Monday, September 6, 2010

Metro Fare

Finally increased from 1.7 to 2 UAH, still ridiculously low when compared internationally. And, at least according to the metro's calculations not enough to break even.



"According to his [Finance Director of Kyiv Metropoliten Yuriy Koshmak] calculations, the annual level of expenditures will equal Hr 1.1. billion, while the enterprise's income from passenger transportation amounts to UAH 600-700 million."

http://www.kyivpost.com/news/city/detail/81338/

At least now the price is a round number which should decrease transaction costs substantially.

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