Stakhanov Wagon Works 1H Production Down 11.5% yoy.
20 July 2008
However, Stakhanov’s 1H06 output of 854 carriages was up 206% over 2H05, when the company received few orders. Boxcars for mineral fertilizers made up 85% of the company’s (SVGZ: BUY) output. Olha Pankiv: Output in 1H06 came to 40% of our projected output for the full year. The company is hoping for a major order from the state railways in the second half and also targeting sales to CIS countries and Iran.
