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Metals and Mining
August 4, 2010
Ferrexpo keeps pellet output flat in July

Ukraine’s second largest iron ore producer, Ferrexpo [FXPO LN], contracted its pellet output in July by 0.3% MoM to 850 thsd tonnes (+17.4% in 7M10).

Machinery
August 4, 2010
Antonov sells 2 An-148 planes

According to Ukranews agency, Antonov State Company has signed a contract on supplying 2 An-148 planes powered by Motorsich (MSICH) engines with Ilushin Finance Co leasing company. Planes are to be transferred to a client in South-East Asia by the end of 2011. This is the first contract on An-148 purchase out of the CIS. The first plane is to be supplied during a half a year since contract date (July 30, 2010).

Machinery
August 4, 2010
Turboatom increases order portfolio

According to Ukranews agency, Turboatom (TATM) has concluded a contract on hydro turbine modernization with Novosibirsk hydro-electric generating plant (Russia). Turboatom will supply and install over 800 tons of equipment till the end of November 2011 in accordance with the contract. Contract price has not been published.

Machinery
August 4, 2010
Luganskteplovoz raises production by 33%

According to a massage by Interfax-Ukraine, in January-July 2010 Luganskteplovoz (LTPL), has increased production by 33% YoY to $48.88mln. The figure includes 30 locomotives (ordered mostly by clients in Russia and Kazakhstan) and spare parts. MoM production increase accounted approximately 300%.

Metals and Mining
August 3, 2010
Interpipe Novomoskovsk Pipe Rolling Plant acquires RISAS

Interpipe Novomoskovsk Pipe Rolling Plant (NVTR) has certified for RISAS international certificate, says a massage by Ukranews agency. RISAS is widely regarded as one of the highest ranked quality control certificates for railway transport parts manufacturers in Europe.

Machinery
August 3, 2010
Turboatom supplies turbine modernization equipment to Russia

Turboatom supplies turbine modernization equipment to Russia According to Ukranews agency, by July 31, 2010 Turboatom (TATM), a large Ukrainian producer of turbine equipment has supplied equipment for modernizing turbines on Leningradskaya nuclear power plant (Russia).

Metals and Mining
August 3, 2010
Ukraine’s steel output almost flat in July

According to Interfax, Ukraine’s steelmakers decreased steel output in July by 1.4% MoM, to 2.424 mln tons.

Machinery
August 2, 2010
Motorsich financial results for 1H2010

According to Ukranews agency report, during January-June 2010 Motorsich (MSICH) received a net profit of USD 53.63mln, raising net income by 55.9% YoY to USD 122.33mln.

Economy and politics
July 30, 2010
IMF will credit Ukraine for USD 15 bln. POSITIVE
The International Monetary Fund (IMF) confirmed a 30-month stabilization credit line for Ukraine amounting to SDR10 bln, which is about USD 15.2 bln if special borrowing rules are taken into account. Ukraine plans to receive the first USD 3 bln by the end of 2010.
Machinery
July 30, 2010
Azovmash supplies convertor to ArcellorMittal Annaba
According to Ukranews agency, Azovmash (owner of Azovzagalmash (AZGM) and Mariupol Heavy Machinery (MZVM)) has supplied a 60-ton convertor to port Annaba (Algeria) for ArcellorMittal Annaba metallurgical plant.

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