Kryukiv Wagon wins USD 6 mln Russian tender for escalators
23 March 2012
Kryukiv Wagon (KVBZ UK) won a tender to supply three escalators to the St. Petersburg subway system, a company representative said via Interfax yesterday. The value of the deal is RUR 181 mln (USD 6.2 mln), according to the source. While the deal’s value does not exceed 1% of the company’s annual revenue, it indicates progress in diversification of its product portfolio.
