OREANDA-NEWS. November 18, 2009. The Cabinet of Ministers is going to buy 194 school buses produced by Bogdan Automobile Plant < LUAZ UK U/R > for a total worth of UAH 46.5mn.

Millennium Capital: this news is positive for the Company as any other news against the backdrop of declining demand for the Company’s products. To remind the reader, LUAZ has reduced its net sales by 83.13% to UAH 971.775mn in 9М2009 and registered UAH 530.473mn losses for this period as against the same period last year.