OREANDA-NEWS. February 18, 2008. At the press conference in Moscow Sergey Kogoghin, Director General of KAMAZ Inc., named production of 100 thousand KAMAZ vehicles per year a level the company should overcome within the next years.

KAMAZ Inc. plans to invest about 1,5 billion dollars in renewal of plant. In May 2008 it will be announced that KAMAZ creates the fourth joint enterprise with a leading world manufacturer. KAMAZ which realizes a quarter of truck production outside the country will continue its globalization strategic policy.

Ruben Vardanyan, Chairman of Board of Directors, “Troika-Dialog Group”, said that the stockholders of KAMAZ Inc. are satisfied with the policy realized by the management of the company.