AvtoKrAZ to Boost Sales 20% yoy in 2008
3 October 2008
AvtoKrAZ (KRAZ: HOLD), Ukraine’s largest heavy truck producer, announced yesterday that it planned to boost sales to 5,000 trucks in 2008, an increase of 20% yoy (in line with our forecasts). In 9M07 AvtoKrAZ sold 3,373 ths trucks, a 34% yoy increase. AvtoKrAZ looks likely to meet our forecasted sales of 4,200 trucks in 2007, and 5,000 trucks in 2008.
