OREANDA-NEWS. October 2, 2009. AvtoKrAZ plans to produce about 500 all-wheel-drive special-purpose trucks in 4Q09, General Director Sergey Sazonov said yesterday, according to Interfax. The company has produced about 150 trucks in 9M09.

Concorde Capital: We see the renewal of operations at AvtoKrAZ as moderately positive news. If the company produces 500 trucks as it claims by yearend, its yoy decline in output for 2009 would be similar to other car manufacturers in Ukraine, ~80%.

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.