Kryukiv Wagon freight car output flat in July

Kryukiv Wagon (KVBZ UK) produced 1,050 freight railcars in June (flat mom), Interfax reported yesterday. Total wagon output grew 7% yoy to 6,582 units in 7M12.

Roman Dmytrenko: July was the fourth consecutive month Kryukiv made more than 1,000 freight wagons. If it can maintain this level of production, Kryukiv will beat our initial full-year production forecast by 12% and make 11,500 freight railcars in 2012.