Lviv Trolleybus Project - Due Diligence

Ukraine Public Transport Framework

     The European Bank for Reconstruction and Development (EBRR) has approved the Ukraine Public Transport Framework in the amount of EUR 100 million to support investments in public transport renewal in Ukrainian cities.

     Lviv is known to be a well-developed touristic centre and the densest and the most dynamic IT-hub of Ukraine.  Moreover, during last 10 years city was an active partner of European financial institutions ­­on attraction investment for its own infrastructure modernisation. Thanks to being allocated with European grants and loans, the city has achieved to reconstruct their own roads and construct a new tramline, modernise the district heating system, as well as wastewater treatment facilities. Furthermore, in cooperation with French government Lviv community have attained to develop the feasibility study on waste treatment and MBT plant construction. This year has marked the commencement of the trolleybus project initiative.

Date: 14.03.2018 - 14.05.2018
Duration: 2 months
Client: Lviv Municipal Enterprise “Lvivelectrotrans”
Funding: EBRD - EUR 12,5 million

Project overview

The ultimate goal of the Ukraine Public Transport Framework (UPTF) is to support the development of reliable passenger transportation service through investments in:

  • Acquisition of up to 50 new trolleybuses and 100 new buses;
  • Rehabilitation and modernization of trolleybus infrastructure;
  • Launching new routes.

Our missions

Within this project, the Egis team will perform the following tasks:

  • Analysis of the transport operator with the following conclusions regarding the appropriateness of the proposed investments;
  • A thorough diagnosis of existing demand and the public transport market taking into account the regulatory and institutional framework;
  • Development of investment plan (including financial analysis and corresponding business model).