Ukrainian Machine Builders Report Preliminary Results
OREANDA-NEWS. On 12 January 2009 was announced, that the biggest Ukrainian heavy machinery builder Azovmash group < MZVM UZ N/R, AZGM UZ N/R > reported a healthy 40% sales growth in 2008 y/y to UAH 5.9bn. The railway car sales increased by 45%, particularly oil tanks - 11%, gondola cars - 17.8%, platforms - 1.5 times and railway automobile carriers - 3 times.
Good news came also from Luganskteplovoz, the Ukrainian monopoly producer of diesel locomotives < LTPL UZ N/R >. The first results indicate sales rising by around 2.6 fold in 2008 y/y to UAH 1.284bn.