Машиностроение

Kryukiv Railcar [KVBZ, BUY] has received a license for the installation of tunnel escalators in Ukraine.

In August, Kryukiv Railcar [KVBZ UZ, BUY] increased railcar production by 2.27% MoM to 631 railcars, 14 of which were passenger railcars.

According to Serhiy Sazonov, the CEO of HK “AvtoKrAZ” [KRAZ, N/R], the only Ukrainian manufacturer of heavy trucks, AvtoKrAZ is being forced to scale down the program "KrAZ by credit" and "KrAZ lease” due to the credit crisis in Ukraine.

In August, the largest Ukrainian producer of cars, the Zaporozhzhia Automobile Plant (ZAZ), fell short on its car production, as compared to July.

The holding company "AvtoKrAZ" [KRAZ UZ, N/R] has downgraded its 2008 production plans to between 4.5 and 5 thsd trucks from the earlier projected figure of more than 5 thsd units.

Ukraine’s Cabinet of Ministers is initiating the annulment of the decision of AZOVMASH shareholders about the company’s reorganization from an OJSC to a CJSC.

Kryukiv Railcar [KVBZ UZ, BUY] and Ukrspetswagon have won a tender that was held by Ukrzaliznytsya for the delivery of 475 freight railcars

Ukrzaliznytsya has asked the Ukrainian government to grant USD 309 mln for the purchase of new passenger railcars.

The 8M08 results for the passenger railcar production of Kryukiv Railcar [KVBZ UZ, BUY] demonstrate a 4.6 times increase YoY, while the total output equals 70 passenger wagons.

The 8M08 results for railcar production by the Stakhaniv Railcar Works [SVGZ UZ, BUY] demonstrate a 20% growth YoY, while the total output equals 4.6 thsd wagons.