Машиностроение

The President of Ukraine, Victor Yushchenko, signed off on a law on making amendments to the law "On the state budget of Ukraine in 2008 and on making amendments to some legislative acts of Ukraine".

Zaporizhtransformator [ZATR UZ, N/R] will deliver 12 autotransformers, at a total value of USD 27 mln, in 2009-2010 for the "Hangar" substation (Russia).

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

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

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.

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.

The largest Ukrainian car producer, Zaporizhzhia Automobile Building Plant (ZAZ) plans to attract a USD 125 mln syndicated loan.

The 8M08 results for car production of the Bogdan Automobile Plant [LUAZ UZ, BUY] demonstrate 93.5% growth YoY. In August the company assembled 11,064 vehicles, amongst which were 2,773 KIAs, 5,334 Hyundai, and 2,957 VAZ cars.

On August 29, shareholders of the Bogdan Automobile Plant [LUAZ UZ, BUY] approved the issuance of 1,100 ordinary shares, which accounts for 33% more than the current number of shares.

Kryukiv Railcar [KVBZ UZ, BUY] has won a tender for the supply of 5 thsd hatch covers for gondola railcars to the "Belzheldorsnab" company in Belarus.