OREANDA-NEWS. According to financial services provider Millennium Capital with reference to the Minister of Transport of Ukraine Nikolay Rudkovsky, Russian orders for Luganskteplovoz in 2008 are expected to make up worth of USD 250 mln. In comparison, in the year of 2007, the Russian Railroad's orders are  to have made up worth of USD 48 mln. Luganskteplovoz (LTPL) plans to increase its output by 35% year-over-year in 2007, and to double it in 2008.

The expected 2007 figures announced by Mr. Rudkovsky are higher than LTPL's initial estimates. Earlier, LTPL's officials announced the company's plan to increase its revenue by 25% y/y in 2007. Based on 1H2007 results and the amount of orders from the Russian Railroads for 2007 the experts surmise that this year the company will earn USD 80 mln, which is a drop of 9.5% y/y.

In 2008, building on the stock of orders for 150 locomotives from Russian railroad company Luganskteplovoz is supposed to earn at least USD 230 mln.