KamAZ with European residence permit will be collected in Lithuania

Russian carmaker complex — "KamAZ" plans to assemble cars in Lithuania for the European market, announced today the head of the Lithuanian government Andrius Kubilius, reports local station LRT.

During the year, the plant will be made up to 2 million cars, the prime minister said. "This will be the first such venture, according to the KamAZ, in the European Union", — said Kubilius.

The plant will start operating in the capital of Lithuania — Vilnius, later also spread to the production Rokishkis, the Prime Minister added. Note that in this city since 2000. working partner Kamaz — GAZ Group of Companies, which leads to the assembly Rokiskis "Gazelle".

The Prime Minister did not provide any information regarding the date of commencement of production, but expressed the hope that the operation of the plant will begin in the near future.

Recall, the net profit of JSC "KAMAZ" by the end of 2011. amounted to 951 million rubles. against a loss of 2.28 billion rubles. a year earlier. In this case, the Group’s revenue increased by more than double, reaching 118.59 billion rubles. against 77.5 billion rubles. a year earlier. It should be noted that the share of the Russian market of trucks with gross weight of 14-40 tons at the beginning of 2012. was 44%.

Read more: http://top.rbc.ru/economics/05/06/2012/653726.shtml

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