OREANDA-NEWS. October 28, 2009. According to the recent Ministry of Industrial Policy report, the Krukivsky Railcar Plant < KVBZ UZ U/R > has already shipped 14 railcars to Byelorussian customers in 2009 and is going to deliver 11 more railcars by 2010. In addition to this, the Company has shipped 150 gondola cars, 200 special railcars for mineral transportation, and 150 passenger-car trucks to the Mogilev Railcar Plant.

Partnership with Belarus in the times of low demand for railcar products will have a positive influence on the financial performance of the Company. Millennium Capital would like to point out that KVBZ has reached an agreement with the Gomel Railcar Plant about a deal to produce 125 railcars within the next five years.