OREANDA-NEWS. May 10, 2011. NEFAZ, a subsidiary of OJSC KAMAZ, summed up results for four months.

For four months, marketable products were produced and services were rendered to the tune of USD 3 billion 48 million rubles, or 202.1 percent against the same period in 2010.

Production of virtually all products continues ramping up. Since the beginning of the year, the plant has shipped 4,472 dumpers (334% against 2010), sold 492 bulk cargo carriers (143%), shipped 1,487 trailers (326.8%), sold 445 crew vehicles (187.8%), 178 passenger buses (82.4%).

As far as the last index is concerned, it should be noted that this year the Russian market of passenger buses lags behind as compared with 2010. All domestic manufacturers reduce sales of buses. The reason is that the state support program for regional budgets to renew passenger transport was stopped.

NEFAZ is a member of OJSC KAMAZ Group which has a 50.02% stake in the plant (the Republic of Bashkortostan has 28.5%, Catapel Limited has 9.3%).