Azovmash, the leading Ukrainian machine-building holding, increased its YoY revenues almost 48% in Jan.-May 2008 with USD 474 mln in sales. During the same period, 4,171 freight carriages and platforms (+8% YoY) were produced. Among the innovative products produced by the company was an automated fuel feeder that is slated for supply to one of the Russian airports. Azovmash also produces heavy metallurgical equipment steadily ordered by metallurgical plants in Russia, Ukraine, Algeria and India. In 2007, Azovmash increased its production of carriages 16.1% to 9827 units. In 2008, the company expects to produce 11,780 carriages.