OREANDA-NEWS. October 19, 2009. According to Avto Kraz Holding< KRAZ UZ U/R > press service, the Company plans to produce 600 cars by 2010. This output is 5.8 times less than in 2008.  About 85% of the portfolio is export orders.

Millennium Capital: This news is positive for AvtoKraz. The output growth in 2H2009, provided customers pay in full for the Company’s goods delivered, will help adjust upwards our estimates with regard to KRAZ sales in 2009. Millennium Capital would like to remind you that the Company’s output for 9M2009 is 190 cars.

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.