Kryukiv Wagon Production Accelerates Over 1H07
6 July 2008
Kryukiv Wagon (KVBZ: N/R) pumped out 3,865 railcars in 1H07 (+101.4% yoy). The company attributed the accelerated production to a spike in demand. The first half figures further demonstrate how distinctly Kryukiv Wagon’s new strategy of diversifying sales this year to the CIS and other countries such as Iran is paying off, after it suffered from a reliance on orders from Ukrainian state railway operator Ukrzaliznytsya, which failed to come to fruition in 2006.
