Ukrainian Railroad Brings Forward Expansion Plan
OREANDA-NEWS. According to Millenium Capital expert agency with reference to the Ministry of Transport of Ukraine, Ukrainian Railroad (UkrZaliznytsia) will invest 18.9bn into its expansion program up to 2015. In particular, USD 11.9bn will be invested in railroad rolling stock. The company plans to acquire 800 locomotives, 58,000 cargo railcars and 5,000 passenger railcars.
The realization of this program means new orders for companies such as Luganskteplovoz (LTPL), Stakhanov Railcar Plant , Dneprovagonmash, Azovzagalmash, Kryukovsky Railcar Plant (KVBZ) and Mariupol Heavy Machinery Plant . In particular, LTPL and KVBZ, due to their domestic exclusive positions, are expected to capitalize on this program.
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