Bogdan Corporation Announced Busses Output 2009
OREANDA-NEWS. January 15, 2010. Serhii Krasulia, spokesman of the Bohdan Corporation , announces that the Company has increased production by 63 aggregates, or by 30.6%, to 269 buses and trolleybuses in the period of October-December 2009, compared with the period of July-September
Millennium Capital: bus production has done better than the production of motor cars, according to the 2009 statistical data recently released. As Millennium Capital has written before, the main factor underlying the reduction in the Company’s output is a slump in demand on the domestic and foreign markets in 2009. That is why we should be prepared for a negative LUAZ financial performance 2009 announcement.
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