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London, United Kingdom, 01/25/2009 – ReportBuyer has added a new report analysing the Ukrainian coal machinery.
“Ukrainian Coal Machinery”, reports that, after showing its first signs of recovery since the 1990s over the last three years, the Ukrainian coal machinery sector risks a sharp slowdown. The report forecast Ukrainian real GDP growth to fall to 5.3% in 2008 and -1% in 2009.
The report shows that while in 2003-2007, the industry's domestic state and private customers almost tripled expenditures on coal mining equipment, they too will succumb to the slumping tide of the economy.
Although short-term concerns are mounting, authors of the report see fundamental drivers for the domestic coal industry in the next five to ten years: (1)Ukraine's strong need to cut its gas dependence on Russia to improve energy security; (2) and rising Ukrainian demand for coking coal from steelmakers, backed by rebounding demand for steel. Ukrainian steel producers, over the last month, have been confirming expansion programs, though they acknowledge one to two year delays.
Furthermore, the report values four public companies in the market - Dongirmash, Druzhkivka Machinery, Svitlo Shakhtarya and Yasynuvatsky Machinery.
The report “Ukrainian Coal Machinery” is available from Report Buyer. ReportBuyer.com Product ID: CNC00002
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