OREANDA-NEWS. May 18, 2010. In January-April 2010 Ukrainian engineering has increased its output by 28% as compared to the same period in 2009: manufacture of buses has increased by 99.7% - to 675б units, hard trucks manufacture has tripled to 1.434 thousand and freight cars output has increased in 3.62 times - to 11 thousand . Only automobile car manufacture has showed a decline by 33.5% to 15.2 thousand.

Millennium Capital: globally, this news is positive for Ukrainian engineering companies as it confirms the contraction in the industry after the crisis 2009. It is important to notice that this news confirms Millennium Capital’s forecasts about production growth in the railcar manufacturing.