Kryukiv Wagon to deliver 460 railcars to Ukrzaliznytsya in 1H11

Kryukiv Wagon (UX: KVBZ UK) plans to deliver 460 gondola cars to Ukrzaliznytsya, Ukraine’s state-owned railway operator, in 1H11, according to a tender signed this week, Interfax reported yesterday. Yegor Samusenko: We estimate the value of the contract at USD 26 mln and expect the contract volume to be about 5-6% of Kryukiv Railcar’s 2011 output.