OREANDA-NEWS. On 7 September 2009 was announced, that Kryukovsky Railcar Plant has completed certification tests for gondola cars of 12-783 type and got certificate of conformity according to the Certification System of Russian Federal Railways. The Company has already delivered first wagon batch. Management of the Company do not disclose the total amount of current and future deliveries of this car type.

This news is POSSITIVE for the Company. Taking in a mind decreasing KVBZ output (by 67% in 1H2009) new contracts with Russia allow rising sales as well as profitability because of increasing of capacity usage.

Millennium Capital is an integrated financial services provider. Established in 2000 by a group of professionals with solid background in securities and corporate finance, Millennium Capital is now one of tickets selling for its flights due to high arrearage to the creditors of the company.