Ukrzaliznytsya to spend USD 355 mln in Ukraine to renew fleet

Ukrzaliznytsya, Ukraine’s state-owned monopoly railway operator, plans to spend USD 355 mln in 2010 to renew its fleet, Industrial Policy Minister Dmitry Kolesnikov said yesterday at a press conference, according to media reports. The purchases will be sourced exclusively from Ukrainian produc more →

Dniprovahonmash to up output 5.3x in 2010

Dniprovahonmash (PFTS: DNVM UZ) plans to make 3,200 freight railcars in 2010, an increase of 5.3x yoy, according to Interfax. Dniprovahonmash expects its net sales in 2009 to be down 5x yoy to UAH 324.2 mln and net loss to amount to UAH 137.0 mln (vs. a net profit of UAH 163.0 mln in 2008). more →

Dniprovagonmash Net Profits Reach 2.6 mln In 2006

Dniprovagonmash, (DNVM) one of Ukraine’s largest producers of rolling stock saw net profits of USD 2.6 mln in 2006. DNVM also saw its assets increase by 30% yoy to USD 64 mln. The company recorded losses of USD 267 ths. more →

Dniprovahonmash Production Falls 25% yoy in 9M06

According to reports in the mass media on Friday, Dniprovahonmash’s (DNVM) volume of production also decreased 35% yoy to UAH 332 mln. The company also reportedly posted a net income of USD 2.6 mln (net margin of 4%). Olha Pankiv: The decrease in Dniprovahonmash’s production may be linke more →