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…
The Belarusian-Chinese car factory BelGee is expected to increase quarterly sales up to 8,000 cars by the end of the year, Belarus’ Deputy Prime Minister Vladimir Semashko declared. “The plant is fully operational. We need to focus on sales and maintenance services. On March 28 I am to meet with the Geely president, dealers and…
Kazakhstan produced 2,105 vehicles worth 12.1 billion tenge in January, reads a report issued by the Union of Enterprises of the Automobile Industry of Kazakhstan “KazAvtoProm”. The volume of output in physical terms exceeded the last year’s indicator 3.6-fold. The production of passenger cars increased 3.7-fold, reaching 2,041 units. The output of trucks (52 units)…
2,300 rail cars of a new modification are going to be released in Pavlodar region in 2018, governor Bulat Bakauov informed. “Last year due to support of the government Kazakhstan’s Wagon-Building Company, which had been idle for two years, resumed production. As a result we increased growth of machine engineering industry 1.2-fold. This year we…
Belkommunmash has delivered forty trolleybuses to Togliatti, which became the Belarusian company’s largest supply to Russia over the past three years. Belkommunmash won a tender to supply 40 trolleybuses of 321 Model to Togliatti. Seeking to improve the environmental situation the Russian city authorities have been actively renewing the fleet of electric transport vehicles. Many…
The State Enterprise Antonov, a part of the State Concern Ukroboronprom, continues to increase net income from product sales. The enterprise has increased its profitability 4-fold since 2015, the press service of Ukroboronprom reports. “In 2017 this figure, according to operational data, amounted to UAH 5.9 billion, up 1.6-fold YoY. Antonov also increased net profit,…
The sales of new cars in Ukraine in January increased by 40.6% YoY, to 6,620 units, which was a new post-crisis record for this month, according to AUTO-Consulting. According to analysts, such a rapid increase in sales was due to the exchange rate “fever”, which forced consumers to make faster decisions about the purchase of…