Bogdan Signs USD 50 Mln Deal With Eisenmann.
14 November 2008
The German painting equipment producer will construct a paint workshop for cars and trucks in Cherkasy. According to Bogdan capacity will reach 120 ths automobiles by 2009-2010. Earlier Bogdan announced plans to introduce truck and car-production capacities in Cherkasy moving production there from Lutsk. Starting in 2008, the factory in Lutsk will focus solely on bus production. The company announced that USD 195.3 mln would be invested in the car plant, and USD 24.5 mln in the truck plant.
