Capstone's Russian business expands despite geopolitical tensions

Capstone Turbine (NASDAQ:CPST) continues to expand its footprint in the Russian manufacturing sector, completing two ultra-high efficiency combined heat and power projects.

"The Russian market continues to provide significant growth for Capstone in both the oil and gas and the CHP markets," says EVP of Sales and Marketing Jim Crouse.

Capstone's business is growing in Russia despite the latest round of U.S. and Russian sanctions.

CPST +5% premarket

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Comments (1)
  • Bob00000
    , contributor
    Comment (1) | Send Message
    Once again, an encouraging PR post. If history repeats, it will be followed by disappointing financials! Still long CPST but growing discouraged.
    They need to achieve positive EBITDA as a start!
    29 Oct 2014, 09:42 PM Reply Like
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