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Metals and Mining
September 10, 2008
Sokrat: ZFER 8M08 output down 1.5% in 8M08: NEUTRAL

Zaporizhya Ferroalloys [ZFER UZ, N/R] produced 324.4 thsd mt of ferroalloys in 8M08, down 1.5% YoY. According to Interfax-Ukraine, FeSi (45%) output was up 9.5% to 48.4 thsd mt, SiMn output was down 13.9% to 194.7 thsd mt, FeMn output was up 51.7% to 76.3 thsd mt, and the output of metallic Mn was down 41.9% to 5 thsd mt.

Metals and Mining
September 10, 2008
Sokrat: SFER 8M08 output up 6% in 8M08: NEUTRAL

Stakhaniv Ferroalloys [SFER UZ, N/R] produced 169.8 thsd mt of ferroalloys in 8M08, up 5.7% YoY. According to Interfax-Ukraine, FeSi (45%) output was up 26.6% to 69.5 thsd mt, while SiMn output was down 18.5% to 86.1 thsd mt.

Metals and Mining
September 10, 2008
Sokrat: NFER 8M08 output down 4% in 8M08: NEUTRAL

Nikopol Ferroalloys [NFER UZ, N/R] produced 687.7 thsd mt of ferroalloys in 8M08, down 3.8% YoY. According to Interfax-Ukraine, SiMn output was down 13.8% to 465 thsd mt, whereas FeMn output was up 26.8% to 22.7 thsd mt.

Machinery
September 10, 2008
Sokrat: Bogdan Corp. opens new truck plant: POSITIVE

Yesterday, September 9, the Bogdan Corporation opened a new plant for assembling ISUZU trucks with a capacity of 15 thsd vehicles per year.

Machinery
September 9, 2008
Sokrat: AZOVMASH to deliver 6 protective sets to Zaporizhzhia NPP

Azovmash has won a tender for supplying six protective sets for the dry storage of waste nuclear fuel containers with a protective ring.

Machinery
September 9, 2008
Sokrat: TAS will not create a holding with Privat?

The TAS financial-industrial group does not intend to create a joint venture with the Privat Group in the form of a machine-building holding for the time being.

Oil and gas
September 9, 2008
Sokrat: Ukrnafta AGM fails again: NEUTRAL

The AGM of Ukrnafta [UNAF UZ, Strong BUY], scheduled for today, failed.

Economy and politics
September 9, 2008
Sokrat: Ukraine crop exports grow, imports fall in July

According to the State Statistics Committee, in July 2008 Ukraine exported 1.77 mln tons of grain, totaling USD 481.9 bln.

Economy and politics
September 9, 2008
Sokrat: Ukraine government forecasts macro figures for 2009

Ukraine’s Cabinet of Ministers announced forecasted figures for GDP, inflation, unemployment and the budget for 2009.

Machinery
September 9, 2008
Sokrat: KVBZ launches production of railway autobus: POSITIVE

According to Volodymyr Prihodko, the Head of the Board of Directors for Kryukiv Railcar [KVBZ, BUY], this September the company launched the production of the first railway bus.

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