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Stakhaniv Wagon Multiplies Output by 3.2

Stakhaniv Wagon Multiplies Output by 3.2

18 December 2008

According to UNIAN, Stakhaniv Wagon (SVGZ: HOLD) boosted output 3.2 times yoy in 11M07. to 5184 railcars. In October alone the company produced 535 railcars. Inna Perepelytsya: It looks like management has secured casting supplies (see our report of September 20). In 11M07, the company has produced as many wagons as we forecasted for full-year 2007, 5,200 units. With the latest month’s results, we expect the company to produce up to 5,700 in 2007.

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