June 21, 2010LUAZ intends to supply Crimea with trolleybuses at USD 50 mln
Bohdan Corporation (represented in the Ukrainian fund market via its production department – [LUAZ UZ, U/R]) reported about UAH 400 mln (USD 50 mln) Crimean tender for the award of trolleybuses. Bohdan and the Council of Ministers of Crimea signed a memorandum, which assumes the Company to produce trolleybuses in the City of Simferopol, Crimea. The Crimean Prime minister reported that the bus plant took part in the tender, as well as Belkomunmash and Lvivskiy bus plant. According to the Prime minister, the project would be financed via bonds issuing.