OREANDA-NEWS. November 27, 2009. Stakhanov Railcar Plant < SVGZ UK U/R > plans to raise its output three times to 6,000 cars in 2010. This statement was made by Mr. Miserva, Chairman of Supervisory Board of the Company. He said that this number of cars production is to exceed that of 2008, which was a successful year for the Company. SVGZ has got new orders from three Russian companies, and this fact permits them not only to make optimistic plans for the future, but also to produce 1,000 cars in November and December, which is equal to the total output of the Company in the previous 10 months. Mr. Miserva also predicted an increase in the railcar demand and a deficit of car building capacities.

Millennium Capital: this news is POSITIVE not only for SVGZ and not only for the railcar builders, but for the entire economy of Ukraine. The railcar demand growth is a clear signal that transport companies have felt the growing demand for goods transportation and we see this fact as an indicator of the economic revival.