PJSC Motor Sich (Zaporizhia) saw its consolidated net profit rise by 36.74% YoY under international financial reporting standards (IFRS) in January-September, to UAH 2.576 billion. The company reported in the information disclosure system of the National Commission on Securities and the Stock Market, its consolidated net income increased by 20.85%, to UAH 9.108 billion. In…
The public joint-stock company Ukrzaliznytsia would upgrade around 500 sleeping cars by the end of 2018, which is almost one sixth of the operating fleet, acting Board Chairman of Ukrzaliznytsia Yevhen Kravtsov said at a government meeting. “By the end of this year Ukrzaliznytsia seeks to upgrade 188 passenger cars. Next year it is planned…
The public joint-stock company Ukrzaliznytsia in 2018 seeks to build 4,000 gondola cars and around 200 fitting platforms at own production facilities – Paniutyne, Stryi and Darnytsia car repair plants. Head of the car department at Ukrzaliznytsia Oleh Motin gave the information at the international conference “Car Building & Rolling Stock Repair in Ukraine” in…
Azerbaijan Caspian Shipping CJSC plans to order the construction of vessels to Australian companies, President of Azerbaijani Chamber of Commerce in Australia Nizami Jafarov reported. “Talks on the construction of new vessels are not yet underway, but we have such plans for the future,” he said. Jafarov reminded that in 2013, Azerbaijan Caspian Shipping and…
Kharkiv Bearing Plant (HARP), a part of UPEC industrial group, has signed a one-year contract to supply bearings to the largest manufacturer of agricultural machinery in Bulgaria – MetalAgro AD. According to the press release of the HARP, earlier MetalAgro AD used HARP AGRO bearings with a tight X-SHIELD sealing sold via HARP dealers. “For…
The Ministry of Road Transport of Turkmenistan will purchase 250 KAMAZ-6520 trucks with a carrying capacity of 20 tons, the Turkmen government said. The relevant decree was signed by President Gurbanguly Berdimuhamedov. The truck market in Turkmenistan is a promising one for KAMAZ. Since 2006, the country has received more than 9,000 units of cars…
The Belarusian heavy truck manufacturer BelAZ and the electric motors manufacturer OOO Sibelektroprivod signed an agreement on strategic partnership in Novosibirsk. The two companies will continue working together as part of the joint project aimed at creating an electric traction drive for BelAZ dump trucks with the carrying capacity of 90 tons. Apart from that,…