OREANDA-NEWS. December 17, 2009. According to State Statistics Committee, in 11М2009, the manufacture of passenger cars declined by 83.6% to 63.9 vehicles, that of buses by 88.4% to 1,147 vehicles, trucks by 78.7% to 2,400 vehicles, railcars by 34.4% to 17,500, and tractors by 81.3% down to 1,174 vehicles. In November, the output in machinery reduced by 2.5% as against that in October: the manufacture of passenger cars plummeted by 40.9%, that of buses increased by 18.6%, trucks manufacture decreased by 2%, railcars and that of tractors rose by 20.9% and 13.2%, respectively. By comparison to November 2008, the production slump reached 12.6%.

Millennium Capital: one should note a gradual recovery in the machine building sector. The main reason underlying this change is a growth in demand for railcars in 4Q2009 and an inflow of orders for Ukrainian producers of passenger busses in view of preparations for the Euro-2012 European Football Championship Finals.