Avtokraz's Output Rises 89.2% YoY To 1990 Trucks In Jan-Jul 05

The share of dump-trucks in the company’s total production was 39.7%, stake bed trucks 35.3%. Concorde Capital: Our forecast of 78% top line growth for AvtoKRAZ (KRAZ: BUY) in 2005 was based on the company winning a tender for the delivery of 2,300 trucks for military sectors in Iraq and Afghanistan. Although the results of the auction, initially planned for April, have been postponed, the company has already exceeded forecasts, due to faster than expected expansion into Central Asian and Vietnamese markets.