Business news from Ukraine

“Cherkasskiy Avtobus” plans to produce 50 buses and 40 trucks each month

Cherkasskiy Avtobus” JSC, producing small class buses Ataman and trucks on the bases of Japanese Isuzu, plans to increase monthly production of buses on 25 %, till 50 pieces, trucks – on one third, till 40 pieces.
“Now “Cherkassy Bus” produces 40 buses and 30 trucks per month, and from July plans to increase production volumes to 50 buses and 40 trucks,” MP Dmitry Kisilevsky told the Interfax-Ukraine news agency.
In this connection he highlighted the importance for the company of the project on the production of 30 Isuzu trucks with flatbed and crane-manipulator Tadano, which is being implemented in Ukraine and handed over to the State Emergency Service.
Localization of production of the transferred vehicles is about 30%. State Emergency Service of Ukraine will use the vehicles, in particular for demining and clearing the territories affected by the Russian invasion and shelling.
As reported, the project is financed by the Japan International Cooperation Agency JICA, the first six vehicles have already been transferred to the SES.
“Cherkassy Bus” plant plans to hand over another 24 trucks in August-September this year. But JICA plans to participate in further deliveries of vehicles (buses and special trucks). The Ukrainian party is interested in producing these vehicles at Ukrainian enterprises as well,” Kisilevsky told the agency.
According to the Facebook page of the Federation of Employers of Ukraine, the ceremony of handing over Isuzu trucks to the State Emergency Situations Service was attended by Chief of the Isuzu-Ataman Ukraine business, Oleksandr Dorosh, Deputy Economy Minister Ihor Fomenko, Chairman of the State Emergency Situations Service Serhiy Kruk and Japanese Ambassador to Ukraine Matsuda Kuninori who, in particular, noted that Japan may cooperate with Ukraine in manufacturing heavy machinery or special vehicles for transporting people.
Founded in 1994, the Cherkassy Bus plant produces small class buses, as well as other wheeled vehicles based on Isuzu units.
As previously reported, the plant plans to invest 200 mln hryvnia in the production of a larger class of buses.
In 2022, the plant increased its net profit nearly 2.9 times to UAH 65.02 mln, with net income growth by 32.5% to UAH 842.29 mln.

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