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Bogdan Increases Bus Production In 1H05, Starts Assembly Operations In Belarus.

Bogdan Increases Bus Production In 1H05, Starts Assembly Operations In Belarus.

30 August 2008

Output increased by 28.7% yoy in 1H05 to 727 buses. Assembly operations in Belarus started at the end of July, and 21 buses have already been assembled there. It is planned to assemble 50 more by the end of 2005. Concorde Capital: The holding is seeking further expansion in the CIS, recently it announced plans to start bus production in Russia after 2006.

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