Машиностроение

Three companies, including Kryukiv Railcar [KVBZ UZ, U/R], JSC Vagonmash (Russa), and CAF (Spain), are participating in a Kyiv Metro tender to supply 40 metro wagons. The deal is worth EUR 40 mln, with funding provided by EBRD specifically for ordering subway cars.

According to Interfax, Motor Sich [MSICH UZ, BUY], a large aviation engine producer in Ukraine ,signed a new contract with the Indian Air Force to modernize the engines in 105 of India’s Antonov AN-32 aircraft.

Avantazh Corporation is initiating a private placement of 15% of its shares in Nov-Dec 2008.

According to a press release from Zaporizhtransformator [ZATR UZ, N/R] – the world's largest manufacturer of transformer equipment – the company has signed a new contract with ArmRosgazprom in Armenia. ZATR will delivery four power transformers to the firth block of the Razdanskaya Thermal Power Plant (FFPP). The new power block will be launched in August 2010.

According to the Ukrainian news agency, Azovmash, one of the leading enterprises in Ukraine’s heavy engineering sector, which includes freight railway producers Azovhalmash [AZGM UZ, U/R], Mariupol Heavy Machinery Plant [MZVM UZ, U/R] and Poltavkhimmash [PHMSH UZ, U/R] – decreased freight car output by 19.7% YoY to 3032 units in 1Q09.

According to the press service of Sumy Frunze Machine Building [SMASH UZ, N/R] – one of Europe’s largest producers of equipment for the oil, gas, and chemical industries – the company will deliver three gas turbine power generation units to a Russian company, Surgutneftegaz, by April 2010.

According to Interfax, Antonov Corporation have already 52 firms orders and 80 units options of new passenger airplane An-148.

According to Kommersant newspaper, as of June 18, the Ukrainian government had not discussed the question of purchasing new busses from local producers in preparation for the Euro 2012 football championship. A day earlier, the Ukrainian Prime Minister Yulia Tymoshenko stated that local bus producers could supply the required number of busses for Euro 2012.

According to the State Statistics Committee, Ukraine’s production output of railcars dropped by 75% YoY to 700 units in May. During the first five months, railcar production decreased by 72.5% YoY to 3700 units.

According to a press release issued by the Bogdan Automobile Plant [LUAZ UZ, U/R], the company resumed automobiles production on June 10. Plant operations had stood idle since early April 2009 due to the significant amount of automobiles ready for sale in the plant’s warehouse and the lack of demand for new cars in Ukraine.