Kryukivsky Carriage Wins Kiev Subway Tender.
4 July 2008
Kryukivsky Carriage will deliver 106 railcar frames for the Kiev subway by the end of 2005. The cost of the contract has not been disclosed. Ten frames were delivered in June. In total, the Kyiv metro needs to replace 750 frames, most of which have been used for more than double their projected working lives. Last year, Kryukovsky carriage increased net revenues by 51% to USD 250.5 mln; net income grew by 7% to USD 17.1 mln.
