Home
/
News
/

Stakhaniv Wagon’s 1H10 production rises 7.5% over 1H08

Stakhaniv Wagon’s 1H10 production rises 7.5% over 1H08

23 July 2010

Stakhaniv Wagon (UX: SVGZ UK) made 3,634 freight cars in 1H10, an increase of 7.5% over 1H08 and a first-half production record, the company noted in a press release yesterday. Yegor Samusenko: Stakhaniv Wagon’s impressive output is being driven by renewed demand from Russia, where up to 56 ths railcars pass their service life and must be replaced each year. We expect the company to produce 6 ths railcars in 2010E. We are currently reviewing our target for this stock upward.

Latest News

News

23

02/2022

Separatists may claim entire territories of two Ukrainian regions

Russia has recognized “all fundamental documents” of the self-proclaimed Donetsk and Luhansk People’s Republics (DNR...

News

23

02/2022

U.K. to provide USD 500 mln loan guarantee for Ukraine as IMF mission starts

The British government is going to provide up to USD 500 mln in loan guarantees...

News

23

02/2022

MinFin bond auction receipts jump to UAH 3.5 bln

Ukraine’s Finance Ministry raised UAH 3.3 bln and EUR 7.2 mln (the total equivalent of...