21 November 2011
Kryukiv Wagon (KVBZ UK) increased freight railcar production 22% y-o-y to 9,332 units in 10M11, the cmpany reported on Friday. October monthly output grew 49% y-o-y to 1,054 units, but remained flat m-o-m. Roman Dmytrenko: We expect freight railcar output for the year to exceed 11,000 units (up 21% y-o-y), which combined with the 35% y-o-y price increase, will generate over USD 800 mln in 2011, representing 60% y-o-y growth for the segment.