OREANDA-NEWS. August 12, 2010. Bohdan, the major car maker in Ukraine, has increased exports of buses and trolleybuses by 4.1% mom to 76 vehicles in July 2010, the company representative announced on August 11. In January-July of 2010, the corporation increased exports 2.6x or by 231 vehicles, up to 380 buses and trolleybuses. Export supplies account for 73% in the total sales in 2010.

Millennium Capital consider the news as positive for LUAZ. We expect the company will benefit the recovery in municipal finances that brings more orders for public transportation vehicles in 2011, both within Ukraine and from abroad.