OREANDA-NEWS. April 28, 2011. Yesterday, on 27 April, a regular meeting of the Board of Directors of OJSC KAMAZ was held in Moscow.

The main issues on its agenda were correction of the business plan of organizations of OJSC KAMAZ for 2011 and updating of the Strategic Development Program of OJSC KAMAZ for a period till 2020.

It was decided to revise the company`s business plan because, as it was mentioned by the Board, the company has already overfulfilled its production and sales plan by 10-15%, and so performed well financially and economically. Marketing research information shows a continuous growth trend in the Russian and other truck outlets in the foreseeable future. Markets have started to recover from the global economic crisis, therefore KAMAZ as a major Russian producer has to work more actively on them.

Sergey Kogogin, Director General of OJSC KAMAZ, spoke about the issue of updating of the company’s Strategic Development Program adopted by the Board of Directors in December 2010. He noted that KAMAZ, in partnership with the world`s largest manufacturer – Daimler, had all chances to remain a national leader in its economic sector, a major exporter of commercial vehicles produced in Russia, and a major international player, and, moreover, to strengthen its positions in the next decade.