OREANDA-NEWS. March 22, 2010. According to a recent press service release, the Ukrainian Government owes to Kryukovsky Railcar Plant about UAH 260mn of Value Added Tax. The confirmed amount of this debt is UAH 123mn.

Millennium Capital sees delays in the VAT refund payments as a negative factor for the Company’s operations. But Millennium Capital points out that strong demand for railcar production and the fact that Mr. Tygypko holds the post of Vice Prime Minister for economy will act as the key drivers for KVBZ (Kryukovsky Railcar Plant is a part of TAS Group owned by Mr. Serhiy Tygypko) not to suspend its production.