OREANDA-NEWS. July 16, 2010. Ukrzaliznytsia, the state-owned railroad transportation monopolist, intends to use the funds of EBRD to partially finance the expansion of its car fleet in 2010, the spokesman for the company pointed out July 15. In particular, the Donetsk railway, managed by Ukrzaliznytsia, will use the EBRD loan to finance the purchase of 1,200-1,400 freight cars, while the Prydniprovska railway will use funds from undisclosed sources to buy another 704 cars.

Millennium Capital consider the news as positive for the railcar manufacturing industry since loans from the EBRD make sure that Ukrzaliznytsia will have the funds to place orders with the Ukrainian railcar producers.