OREANDA-NEWS. On 11 August 2009 was announced, that Bogdan Automobile Plant (LUAZ) made 1,855 ths automobiles in July, an increase of 14.4% mom and decrease of 79.5% yoy. Yegor Samusenko: The slight growth in Bogdan’s output is positive, but we doubt its sustainability. The company will suffer in autumn from the termination of the additional 13% import duty on new cars. Concorde Capital doesn’t expect the July output figures to have an impact on its stock price.

Concorde Capital is a full service investment bank operating on the Ukrainian, Russian and CIS markets. In 2007 Concorde Capital’s analytical team was recognized as the Top Team covering Ukraine by Thomson Extel's Pan European Survey. Senior Analyst Alexander Paraschiy was recognized as the Leading Pan-European Investment Analyst – European Emerging Markets. Concorde Capital is a leader when it comes to private placements and M&A deals. Concorde Capital’s sale of a stake in Electron Bank to Volksbank International AG was named the Best Ukrainian M&A deal of the year 2007 by the Adam Smith Institute.