Bogdan Sells 37 Buses To Avtoline (Russia).
25 October 2008
The contract is for USD 1.5 mln, and the buses are to be delivered by the end of this week. Total deliveries of Bogdan-made buses to Russia constituted 65 buses in January-September. In 2006 the company plans to increase its Russian deliveries to 500 buses. Concorde Capital: Bogdan has been studying Russian market, and is considering the possibility of setting up an assembly operation there once sales reach 1 th buses.
