Joint stock company “Ukrainian railway” is a national carrier of cargo and passengers. Objective of the company’s activity is to satisfy the demand in safe and quality railway transportation, provide with effective functioning and development of the railway transport and create conditions for increasing of the competitiveness of the industry. JSC “Ukrzaliznytsia” started its activity on December 1, 2015. Company is legal successor of the Ukrainian railway state administration, as well as subordinate enterprises that were independent legal entities. Now company maintains 81% of freight and almost 50% of passenger transportation among all other modes of transport. By the freight transportation volumes company holds the fourth position on the Eurasian continent after China, Russia and India.