摘要:The deepening of integration processes between the countries of Europe and Asia, the need for regular and mass passenger and freight traffic contributes to the increasing importance of transport systems. In this context, railway infrastructure, which ensures the uninterrupted operation of industrial complexes in many countries of the world and contributes to the development of international cooperation, acquires particular importance. This is also true for the railway transport of Ukraine, which is a connecting element between the transport systems of the EU, Russia and Asian countries. The paper substantiates that the sustainable functioning of railway transport is one of the necessary conditions for the development of national economies. The system of external and internal determinants of railway transport sustainability is highlighted. These determinants are analyzed on the example of railway transport in Ukraine. It is shown that external determinants form the basis of the functioning of railway companies, which also affects their internal determinants. Management of railway transport sustainability should be comprehensive, which will allow developing an effective set of preventive measures.