OREANDA-NEWS. September 21, 2009. Kryukiv Wagon (KVBZ) received an order for 250 freight railcars for Donetsk Railways, Ukrainian News reported on Friday, citing a company official.

Concorde Capital: This announcement signals that Kryukiv Wagon secured one quarter of the total 1,000 wagon order announced by Donetsk Railways in September. We estimate the value of Kryukiv's contract to be around UAH 125 mln. The contract does not change our expectations for Kryukiv's production in 2009: 1,700 freight railcars and 30 subway cars, which implies a 73% yoy reduction in output.

Concorde Capital is a full service investment bank operating on the Ukrainian, Russian and CIS markets. In 2007 Concorde Capital’s analytical team was recognized as the Top Team covering Ukraine by Thomson Extel's Pan European Survey. Senior Analyst Alexander Paraschiy was recognized as the Leading Pan-European Investment Analyst – European Emerging Markets. Concorde Capital is a leader when it comes to private placements and M&A deals. Concorde Capital’s sale of a stake in Electron Bank to Volksbank International AG was named the Best Ukrainian M&A deal of the year 2007 by the Adam Smith Institute.