Ukrzaliznytsya places USD 12 mln orders at Luhanskteplovoz for 2011
29 December 2010
Ukrzaliznytsya plans to purchase four 2EL5 electric locomotive sections, six 2EL4 electric locomotive sections and three diesel locomotives from Luhanskteplovoz (UX: LTPL UK) next year, according to Interfax. Yegor Samusenko: We estimate the value of the contract at USD 12 mln, which should account for 6% of Luhanskteplovoz’ sales of USD 187 mln in 2011E (up threefold from USD 68 mln in 2010E).
