Kryukov Railcar Works Increases Production Of Freight Cars By 73% In First Quarter 2019

The Kryukov Railcar Building Works (Kremenchuk, Poltava region) increased production of freight cars by 539 or 73% to 1,277 in the period of January-March 2019, the CFTS portal reports, citing the Kremenchuk newspaper.

The company produced five passenger cars in the period of January-March 2019, compared with zero in the period of January-March last year.

The Kryukov Railcar Building Works increased production of freight cars by 1,673 or 83% to 3,686 in 2018, compared with 2017.

The Kryukov Railcar Building Works plans to maintain production of freight cars at the 2018 production level (about 3,700) and increase production of passenger cars 4.5-fold to 36 units in 2019.

As the CFTS portal reported earlier, the Kryukov Railcar Building Works’ net profit increased by 47% in 2018.