Azovmash Boosts Sales & Production in 4M07

10 May 2008

The holding company for Mariupol Heavy Machinery (MZVM: BUY) and Azovzahalmash (AZGM), Azovmash, reported that it increased sales by 22% yoy in 4M07 to USD 0.24 bln. Over the same period, the company lifted production volumes by 23.2% yoy (wagon production +18.1% yoy).

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