Primerjalna analiza stroškov in koristi nakupa ali najema lokomotiv v železniškem prometu

Blagajac, Jaš

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Title:	Primerjalna analiza stroškov in koristi nakupa ali najema lokomotiv v železniškem prometu
Authors:	ID Blagajac, Jaš (Author) ID Topolšek, Darja (Mentor) More about this mentor... ID Sternad, Marjan (Comentor)
Files:	VS_Blagajac_Jas_2025.pdf (2,21 MB) MD5: 3A0166ED8312948F9156B376FC6158DE
Language:	Slovenian
Work type:	Bachelor thesis/paper
Typology:	2.11 - Undergraduate Thesis
Organization:	FL - Faculty of Logistic
Abstract:	V diplomskem delu obravnavamo vprašanje, ali je za železniška tovorna podjetja z vidika ekonomike poslovanja primernejši nakup ali najem lokomotive. Namen raziskave je bil ugotoviti, katera možnost je dolgoročno bolj upravičena glede na obseg prevozov, finančne zmožnosti in strateške cilje podjetja. Analiza temelji na dejanski uporabi večsistemske električne lokomotive Siemens Vectron na slovenskih progah. V raziskavi smo izvedli primerjalni izračun celotnega stroška lastništva (TCO) ter ocenili donosnost investicije (ROI) za obe možnosti. Rezultati kažejo, da najem omogoča večjo prilagodljivost in nižji začetni vložek, kar je primerno za podjetja, ki se morajo hitro prilagajati trgu. Nakup pa zagotavlja več nadzora, samostojnosti in praviloma nižje skupne stroške pri intenzivni uporabi. Hipoteza, da je nakup finančno ugodnejši za podjetja z rednimi in obsežnimi prevozi, se je potrdila. Kljub temu odločitev ostaja odvisna od finančnih zmogljivosti, obratovalnih tveganj ter dolgoročne strategije podjetja. Predlagamo, da podjetja pred izbiro pripravijo lastne TCO izračune na podlagi realnih vhodnih podatkov in predvidene izkoriščenosti lokomotive. Naloga prispeva k razumevanju ekonomike odločanja pri upravljanju voznega parka in predstavlja izhodišče za dolgoročno optimizacijo poslovanja.
Keywords:	najem lokomotive, nakup lokomotive, železniški tovorni promet, analiza stroškov
Place of publishing:	Maribor
Publisher:	[J. Blagajac]
Year of publishing:	2025
PID:	20.500.12556/DKUM-95367
UDC:	33:656.2(043.2)
COBISS.SI-ID:	252496899
Publication date in DKUM:	09.10.2025
Views:	128
Downloads:	32
Metadata:
Categories:	FL
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Licences

License:	CC BY-NC-ND 4.0, Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International

Link:	http://creativecommons.org/licenses/by-nc-nd/4.0/
Description:	The most restrictive Creative Commons license. This only allows people to download and share the work for no commercial gain and for no other purposes.
Licensing start date:	15.09.2025

Secondary language

Language:	English
Title:	Comparative analysis of the costs and benefits of purchasing or leasing locomotives in railway transport
Abstract:	This thesis examines whether it is more economical for freight railway companies to purchase or lease a locomotive. The aim of the research was to determine which option is more justified in the long term, considering the volume of transport, the financial capacity, and the strategic objectives of the company. The analysis is based on the actual use of a multisystem Siemens Vectron electric locomotive on Slovenian railway lines. The study includes a comparative calculation of the total cost of ownership (TCO) and an assessment of the return on investment (ROI) for both options. The results show that leasing provides greater flexibility and lower initial costs, which is suitable for companies that need to adapt quickly to market changes. Purchasing, on the other hand, ensures more control, independence, and generally lower overall costs with intensive long-term use. The hypothesis that purchasing is financially more advantageous for companies with regular and large-scale transport has been confirmed. However, the final decision still depends on the company’s financial capabilities, operational risk management, and long-term growth strategy. We propose that companies prepare their own TCO calculations based on real input data and the expected utilization of the locomotive before making a decision. The thesis contributes to the understanding of economic decision-making in fleet management and provides a basis for the long-term optimization of business operations.
Keywords:	Locomotive leasing, locomotive purchase, rail freight transport, cost analysis

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