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Kryukiv Wagon to deliver wagon kits to Belarus in 2009

Kryukiv Wagon to deliver wagon kits to Belarus in 2009

29 October 2009

Kryukiv Wagon (KVBZ) plans to deliver 11 semi-finished passenger wagon kits to the Gomel Automobile-Repair Plant by the end of the year (it has already given them 14 YTD), and a total of 425 cargo railcar kits to the Mogilev Railcar Plant. Yegor Samusenko: The Belarusian orders diversify the customer base of Kryukiv Wagon, which has been significantly reliant on orders from Ukrzaliznytsya. We estimate this contract to have a value of USD 17 mln, ~13% of Kryukiv Wagon’s 2009E sales.

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