Ukraine: vehicle production up in February 2018

In February Ukrainian plants manufactured 721 motor vehicles, up almost 2-fold YoY, the Ukrainian Motor Vehicle Manufacturers Association, UkrAutoProm reported. The largest share of motor vehicle production was made up by cars, which totaled 606 unit (all manufactured by ZAO Eurocar: up by 134% YoY and by 26.5% MoM). Also, in February 35 trucks were…

Belarus: MTZ’s export up in 2017

MTZ’s export rose by 26% YoY, to $561 million in 2017, Yuri Pototurko, the acting deputy director general for marketing – marketing director of Minsk Tractor Works (MTZ trademark), said at an international conference of MTZ distribution network entities. MTZ significantly built up exports to a number of countries: Russia, Uzbekistan, Kazakhstan, Azerbaijan, Tajikistan, Kyrgyzstan,…

Ukraine: Ukrzaliznytsia and General Electric sign agreement on production of locomotives

PJSC Ukrzaliznytsia and U.S. company General Electric Transportation signed a framework agreement on modernization and production of locomotives. The signing ceremony took place in the presence of Ukrainian President Petro Poroshenko and U.S. Ambassador to Ukraine Marie Yovanovitch. The agreement, in particular, provides for the modernization of a locomotive fleet and the construction of new…