Azovmash Inks Carriage Contract With Eurosib.

Azovmash, the managing company for Mariupol Heavy Machinery (MZVM: BUY) and Azovzahalmash (AZGM: BUY), announced yesterday that it had signed a contract to supply Russia’s Eurosib with a new type of rail carriage specially designed to transport paper within the CIS and Baltics. No other details were announced. Olha Pankiv: We think this deal could lead to substantial orders for Azovmash, as Eurosib is one of Russia’s largest private rail transport companies.