UKRAINE: Steelwork is now being assembled on the site of a US$600m electric furnace plant which will make Interpipe self-sufficient in the production of high quality steel for railway wheel and pipe applications.
The Dneprosteel plant is being built by Danieli under a February 2007 contract.
Interpipe derived 71% of its US$358·4m revenues from export sales in 2007, selling wheels on foreign markets under the KLW brand.
WHEELSETS: Having adopted a single brand for its wheels business last year, Interpipe is emphasising its broad geographical reach. KLW Sales Director Michael Iskov spoke to Nick Kingsley about M&A activity, investment plans and concerns about product approval.
ESTONIA: The purchase and sale agreement for the privatisation of national rail freight operator Operail was signed by the RailProject OÜ subsidiary of winning bidder Tiigi Keskus on October 31. The government took the decision to privatise the national rail freight transport and rolling stock maintenance ...
