Kruykiv Wagon to deliver 15 passenger cars to Tajikistan

Kryukiv Wagon (KVBZ UK) will sell 15 passenger railcars to Tajikistan in 2012, the company’s CEO said yesterday (via Interfax). It would be the company’s first supply of passenger cars to the country.

Roman Dmytrenko: The new Tajik contract implies Kryukiv will produce a total of 64 passenger railcars in 2012 (+2.3x yoy). We estimate this order will bring in an additional USD 17 mln to the company’s sales, sending overall revenues to an estimated USD 860 mln in 2012 (+12% yoy).