OREANDA-NEWS. March 30, 2010. According to the recent release of Kryukovsky Railcar Plant <KVBZ UK HOLD>  CEO Mr. Khvorost , KVBZ  is to produce and deliver 270 gondola cars for Freight One Company in April-May 2010. The release also announces that negotiations are being conducted with this client for further partnership, but Mr. Khvorost disclosed no details of the negotiations.

Millennium Capital: this news is positive for the Company as it confirms Millennium Capital’s forecast about its sales growth in 2010. Millennium Capital also points out that KVBZ shares trade at the stock market with a 24% upside – the current price is USD 3.63, while their target price for 2010 is USD 4.5.