DaimlerChysler wins contract to sell 600 buses to Russia's Mostransavto UPDATE

AFX News Limited, FRANKFURT (AFX) - DaimlerChrysler AG's Russian unit EvoBus Russia has won a contract to deliver 600 Mercedes-Benz Conecto H intercity buses to the Moscow transportation company Mostransavto.

DaimlerChrysler did not disclose the value of the contract.

Sources in the industry told AFX News, however, the order is worth an amount in the lower hundreds of millions of euros.

The Conecto H regular-service intercity bus is designed to accommodate up to 53 passengers, DaimlerChrysler said in a written statement.

The bus' engine and transmission are built at German DaimlerChrysler plants, while the rest of the bus is manufactured in Turkey.