OREANDA-NEWS. Ukrainian Railroad (UkrZaliznytsia) is going to spend about USD 2.2bn to renew its rolling-stock. In particular, it plans to acquire 6,000 cargo railcars from the domestic producers.

In the opinion of experts of Millennium Capital, a financial services provider, this news seems positive for domestic railcar producers and in particularly for Stakhanov Railcar Plant (SVGZ), which, supposedly, will have strong lobby in Ukrainian government, according to the results of the September parliamentary elections. SVGZ plans to increase its capacity to 10,000 cargo railcars by 2009. The other Ukrainian railcar producers such as Azovzahalmash < ..AZGM UZ USD10.7 N/R.. >, Kryukovsky Railcar Plant < ...KVBZ UZ USD7.1 N/R.. >, Mariupol Heavy Machinery Plant < ..MZVM UZ USD21.4 Accumulate.. > may also benefit from new orders, the experts reckon.