November 18, 2009Stakhaniv Railcar Works: more orders, greater value
Stakhaniv Railcar Works, a member of the AutoKrAZ holding and is controlled by
the Finance & Credit Group, is the largest Ukrai nian producer of gondolas and
hoppers, previously the railcars that were most ‘in demand’. Despite the fact that
the Company has suffered a lot in the past year, recent news about the Company
led us to review our models of and opinion about SVGZ`s valuation.