It is reported that public joint stock company Bogdan Motors Automobile Company has signed a contract with Kyivpastrans municipal company to supply 202 trolleybuses worth some EUR 46 million in October 2011 to October 2012.

The company said that the contract will be financed using credit funds from the European Bank for Reconstruction and Development.

Under the contract, the Kyiv municipal carrier will obtain 105 Bogdan T901 and 97 Bogdan T701 trolleybuses.

Bogdan Corporation was established in February 2005 with the aim of implementing large scale automotive projects to produce vehicles of all types.

(Sourced from Interfax-Ukraine)