Tuesday, 01 Mar 2011
It is reported that Stakhaniv Railcar a major producer of freight railcars in Ukraine will supply 400 freight railcars to affiliated Poltava Iron Ore with an option for another 600 units.
According to Millennium Capital analyst “We consider the news as POSITIVE for the Stakhaniv Railcar. We estimate the order will add at least USD 26 million to the company’s top line in FY11.”
(sourced:Millennium Capital)
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