KAMAZ: results of the year, plans for the future

Russia’s largest truck producer OAO "KAMAZ", according to its investment program, will increase investment in the modernization of production in 2013, three times as compared with 2012 — up to 9 billion rubles.Investments in 2020 will amount to more than 60 billion rubles.

"Our goal — two years to achieve financial position, which will modernize the company’s production and start producing a new range of trucks" — are contained in the press release to the general director of OJSC "KAMAZ" Sergey Kogogina.

Danae prospect of the company for two years. The company plans to release in 2013 80 new cars in 2014 — 1000 trucks, and from 2015 — go to the mass production of new vehicles.

KAMAZ is preparing for the transition to production standard "Euro 4". Earlier Kogoghin said that KAMAZ may have difficulty with the prices of cars and expectations of customers who may not be willing to pay 200 — 250 000 rubles more.

As the CEO of the company‘s revenue KAMAZ within 11 months of the year amounted to 106.9 billion rubles in RAS net profit amounted to 4.3 billion rubles.

By early December, KAMAZ produced nearly 47.5 thousand trucks, of which more than 36,000 sold in the domestic market, adds the press office.

In January-November 2012 KAMAZ took a third of the Russian market of commercial vehicles in the class of more than 14 tons and has continued to lead the class of heavy trucks in the markets of Ukraine (30.4%), Kazakhstan (37%), Turkmenistan (33%).

General Director of KAMAZ expects to return in March a five day working week (Kamaz now works four days a week — approx.), "If the market will develop in the normal mode."

Net profit of KAMAZ in 2011 under RAS totaled 951 million rubles, revenue — 118.59 billion rubles.

Like this post? Please share to your friends: