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Bogdan To Deliver 150 Buses To Georgia For USD ~4.5mln.

Bogdan To Deliver 150 Buses To Georgia For USD ~4.5mln.

2 September 2008

The company will also deliver spare parts and train the Georgian municipal services how to maintain the machines. So far this year Bogdan has delivered 36 buses to Georgia. Last year the company sent 30 buses to Georgia. Concorde Capital: Bogdan continues to target CIS markets. The Georgian contract comes on the heels of the company?s decision to start assembling buses in Belarus (over 70 buses in 2005).  Earlier the company announced it was considering making the same move in Russia sometime after 2006. In 2008 Bogdan will transfer its bus production to the LuAZ plant in Lutsk. The plant will have an annual capacity of 6 ths buses.

 

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