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KAMAZ Gains its ObjectOn 26 March the cab assembly department of the KAMAZ Automobile plant assembled 296 cabs. This is a record for the last 15 years. The mother gathering conveyor of KAMAZ vehicles responded to the achievement of the related production with the output of 236 heavy vehicles – this is also one of the best results for the whole post-crisis time. According to the business plan of KAMAZ Inc., in the summer months the Automobile plant should reach the stable production of 250 vehicles and 300 cabs a day. Friday, 28 March 2008 KAMAZ in Vietnam: in Earnest and Long-termOn 27-28 March the delegation of KAMAZ Inc. will make a business trip to Vietnam and hold talks with the corporate management of VINACOMIN, the partner of the Russian company in this Southeast Asian country. The KAMAZ delegation is headed by Akhat Urmanov, Deputy Director General of KAMAZ Inc. of sales and service. The negotiations will touch upon the issues of the KAMAZ trade and service company establishment in Vietnam and building of trade and service complexes in the country’s provinces on its basis. There will also be examined questions of development of VMIC, the assembly enterprise of KAMAZ vehicles in Kam Fa (the Kuang Nign province), and increase of the KAMAZ share in its authorized capital. According to Akhat Urmanov, Vietnam is the basic country for external economic links development and business of KAMAZ in the whole Asian-Pacific region. Almost all main auto makers in the world work here under the conditions of violent competition. KAMAZ came to Vietnam in earnest and long-term. And that’s why it intends to promote its production in the future using and developing various work practices on the car market of the country: creating up to date assembly enterprises and trade and service complexes, participating in advertising and commercial events, working with government institutions and partners in the private sector of business. It will be recalled that development of relations with the Vietnamese corporation VINACOMIN and creation of the assembly enterprise on the basis of one of its subsidiary companies in 2005 let KAMAZ considerably increase the sales volumes of trucks in Southeast Asia and the Asian-Pacific region. The corporation was granted the rights of the KAMAZ distributor. The assembly plant VMIC mastered the manufacture of 5 models of trucks (KAMAZ-55111, -65115, -53229, -6520, -43253). Licenses for their production are obtained. About 600 KAMAZ vehicles were realized in Vietnam In 2007. It’s planned that the sales volumes of the Russian trucks will appreciably grow in 2008. Thursday, 27 March 2008 KAMAZ-Metallurgy Prepares for IMS CertificationOAO KAMAZ-Metallurgy fixed the date of the final assessment of the Integrated Management System (IMS) for conformity with OHSAS 18001 and ISO14001. The representatives of the Association “Russian Register” plan their visit for 14-18 April. Together with the IMS certification audit there will be carried out an inspection audit of the Quality Management System. The auditors of “Russian Register” and TUV CERT International Certification Agency will assess functioning of the Quality Management System in OAO KAMAZ-Metallurgy. This February certain shortcomings in the IMS documentation of the foundry and the forge plant were revealed during the audit. But, according to Aleksey Aleksandrov, Head of the IMS Development Task Force, the representatives of “Russian Register” Association, on the whole, highly assessed the level of preparedness of OAO KAMAZ-Metallurgy for certification. Thursday, 27 March 2008 NEFAZ Won in YekaterinburgNeftekamskiy Avtozavod OAO (the subsidiary company of KAMAZ Inc.) won the tender for bus deliveries announced by the city hall of Yekaterinburg. 100 buses bearing the trademark of NEFAZ-5299-20-32 will be delivered to Yekaterinburg in 2008. RUB 250 million are reserved in the municipal budget for renewal of the bus fleet. It’s planned that a municipal contract will be concluded with the winner of the tender till 28 March. In the course of year the buses will be delivered to Yekaterinburg step by step, 10-15 vehicles a month. In the first place, they will be sent to replace old equipment, complete routes and service remote territories. It should be noted that transport workers of Yekaterinburg already run NEFAZ buses and have the base for their maintenance. Wednesday, 26 March 2008 Best Vehicles for ParatroopersOn 19 March at KAMAZ there worked the delegation of the RF Airborne Troops Headquarters headed by Valery Yevtukhovich, Commander of the Airborne Troops. KAMAZ was also visited by the managers of the KAMAZ automobile service centers located in the regions where the military units of the airborne troops are distributed. KAMAZ Inc. and the RF Airborne Troops carried on negotiations about development of cooperation with respect to serial deliveries, new developments and maintenance service of the KAMAZ vehicle equipment. The guests visited the mother assembly conveyor of the Automobile Plant, saw the exhibition of the KAMAZ vehicle equipment in the R&D Center and visited the Sports Center of the KAMAZ-master team. During recent years, cooperation of KAMAZ with the RF Airborne Troops has been successfully developing. Being the main factory which guarantees transportation security of the country, KAMAZ offered chassis practically for all kinds of vehicle equipment including those dedicated for operation in the Airborne Troops. As a result, there was made a decision to form a vehicle fleet of the Airborne Troops solely on the basis of KAMAZ vehicles. KAMAZ aspires to provide the whole military vehicles fleet with company service in the regions of their operation already in the nearest future. This explains why the KAMAZ partners in organization of service from Moscow, Pskov, Ryazan, Ulyanovsk and Bryansk arrived in Naberezhnye Chelny. Necessary measures are taken to considerably improve operation and servicing of KAMAZ vehicles in conditions of military units of the Airborne Troops. There will be organized training for officers and men, motorists of the Airborne Troops, on the basis of KAMAZ. Monday, 24 March 2008 At Gateway of Middle EastKAMAZ Inc. participates in the 7th Annual Industrial Exhibition EXPO-RUSSIA 2008. The exhibition opened on 19 March in the Exhibition Centre of the Holiday Inn hotel in Amman – the capital of Jordan. It is organized within the bounds of Russian Days in Jordan (19-21 March) and is conducted under the patronage of the Russian-Jordan Business Council. It is supposed to be visited by the representatives of the ministries, offices, businessmen and specialists of Jordan, Iraq and other Middle East countries. The leading Russian and Arab mass media give an information support to this event. Politically and economically stable Jordan, by rights considered the gateway to the Middle East, maintains economic relations with the Russian Federation on a rather high level. In addition, the Hashemite Kingdom again assumes a role of a mediator in multilateral cooperation development in the region. One of the primary intents of the exhibition is to open up for the Russian business and so for KAMAZ the possibility to participate in reconstruction of the Iraqui economy. It will be recalled that the direct supplies of KAMAZ vehicles to Iraq were interrupted in 2003 because of a war in this country. KAMAZ considers the automobile market of Jordan to be strategically important. Jordan is a part of the region which is now dynamically developing, and on the auto truck market there started a severe competition. The companies from Europe, China and the local automotive enterprises work there. KAMAZ vehicles position themselves as practical, high quality, affordable automobiles for business. At Expo-Russia-2008 KAMAZ Inc. demonstrates only one model – an inclined-axis mixer 581451 on KAMAZ-6520 chassis. The company takes into account the fact that the construction enterprises of many Middle East countries take a heightened interest in the special equipment on KAMAZ chassis. The inclined-axis mixer with the mixing drum volume of 8 cubic meters represents the whole line of new efficient equipment on KAMAZ-6520 chassis consisting of tens of models and their modifications. The guests of the exhibition receive total information about them through stands in the KAMAZ exposition. Thursday, 20 March 2008 Prospects of Raw Material Market Discussed at KAMAZOn 19 March at the KAMAZ cultural and business complex there took place a round-table discussion “Prospects of raw material market development and application of new chemical and petrochemical materials for automotive industry of Tatarstan”. The event was held by KAMAZ Inc. jointly with Tatneftekhiminvest-holding OJSC. Managers and experts of the RT Ministry of Industry and Commerce, large-scale enterprises and institutes of higher education gathered at the round table. They discussed the prospects of raw material market development and application of new chemical and petrochemical materials for automotive industry of Tatarstan, learned about the use of polymeric materials in KAMAZ vehicles and saw the presentations of Tatarstan enterprises’ capacities. Thursday, 20 March 2008 Corporative Mass Media of KAMAZ Best in PovolzhyeAt the Interregional competition of corporative media resources “Silver Threads – Povolzhye 2008” KAMAZ Inc. won in two nominations at once. The site of KAMAZ Inc. www.kamaz.ru was the leader in the nomination “Best corporative site”, and the magazine “KAMAZ” won in the nomination “High level of corporative problem solving”. The winners were nominated by the Council of experts for participation at the National competition of corporative media “Silver threads” the results of which will be declared in November in Moscow. In all, over 30 corporative media resources of the enterprises and organizations of Povolzhye participated in the competition. Wednesday, 19 March 2008 Quick Start, Usual Growth RatesThe beginning of this working year was the most successful for the KAMAZ Group over all years of its new growth. According to the results of February 2008, all large enterprises of a united technological cycle, including those located in other Russian regions (“Avtopritsep-KAMAZ” Inc., “NEFAZ” and “Tuimazy Concrete Delivery Truck Works”), reached production and sales volumes comparable with the analogous performance in 2003-2007. They overfulfilled the business plan and the current plan of the company. In total for two months there were shipped marketable products for RUB 13 billion 368 million (+15.9% to the same period of 2007, in comparable prices), including:
In addition, there were rendered services for RUB 813 million. Thus, KAMAZ exceeded the average monthly production and sales volumes of the previous year already in February. It took 4 or 5 months before. It should be recalled that in 2007 there were produced and realized marketable products for RUB 85 billion 249 million, including 52 671 trucks. In February 2008, correspondingly, - RUB 7 billion 821 million and 4838 vehicles. There were realized 6319 trucks via the dealer network and direct deliveries on the home market (+22.65% to January-February 2007). The foreign customers received more than 1880 vehicles (+29.4%). For two months 720 units of the basic production – trucks, buses and trailer equipment – were leased or delivered with payment by installments. This is by 49.7% more than for the same period of 2007. The KAMAZ Group leased 159 NEFAZ buses on the basis of the special KAMAZ chassis. Monday, 17 March 2008 Another Rating of KAMAZKAMAZ Inc. took fourth place in the Russian companies rating the market value of which raced up in 1999-2007. According to PH Kommersant, the market value of the corporation grew by 26 295.50% in 8 years. To date KAMAZ costs $3 620.9 million. KAMAZ is inferior only to Chelyabinsk TPZ, DVMP and Udmurtneft in capitalization growth. Compare: Nizhnekamskneftekhim ranked only 27th with 4 167.67% cost increase, Tatneft took 40th place with 2301.01%. The rest Tatarstan companies were not in the rating. 2007 witnessed the triumph of KAMAZ. The company displayed its strength which had been pointed out so long by analysts in the previous years. The securities of the company augmented capitalization more than twice and already pretend to the “blue chip” status. Friday, 14 March 2008 Delegation of Byelorussia at KAMAZOn 12 March the governmental delegation of the Republic of Belarus visited KAMAZ. The delegation included Valentin Gurinovich, Deputy Minister of Industry of the Republic of Belarus, and Nikolay Kosten, Director General of PA BelavtoMAZ. The Byelorussian guests met with Sergey Kogoghin, Director General of KAMAZ, and held talks with Irek Gumerov and Akhat Urmanov, Deputies Director General, Danis Valeyev, Chief Designer. There were discussed the issues of collaboration between KAMAZ Inc., PA BelavtoMAZ and other interested parties. Thursday, 13 March 2008 Iveco at KAMAZOn 11 March KAMAZ was visited by the delegation of Iveco (Italy) – the international auto concern, the subsidiary of the Fiat Group. According to Paolo Monferino, President and CEO of Iveco, the aim of their arrival is an acquaintance with the production complex of KAMAZ Inc. In Naberezhnye Chelny the members of the Italian delegation visited the gathering conveyor of JV ZF-KAMA, KAMAZ-Diesel OJSC, Forge plant, the mother gathering conveyor of Automobile plant. The guests also visited KAMAZ R&D Center where they saw the displayed equipment. Wednesday, 12 March 2008 Management of Federal-Mogul Visited KAMAZOn 11 March the delegation of Federal-Mogul Corporation (USA) visited KAMAZ. In Naberezhnye Chelny the American partners visited the mother gathering conveyor of Automobile plant, KAMAZ-Diesel where they acquainted themselves with the work of joint ventures created earlier – ZF-KAMA and CUMMINS-KAMA. The guests saw the areas intended for production placement of the new joint venture and were satisfied by them. Certain points of the concluded agreement and the joint strategy of two companies were specified in the course of negotiations. There were signed the incorporation documents to create JV “FEDERAL-MOGUL Naberezhnye Chelny”. Wednesday, 12 March 2008 Federal-Mogul at ÊÀÌÀZOn 10 March the agreement on Joint Venture establishment between Federal-Mogul Corporation (USA) and KAMAZ Inc. was signed in Kazan. Jose Maria Alapont, President and CEO of Federal-Mogul Corporation, and Sergey Kogogin, Director General of KAMAZ Inc., signed this agreement. Rustam Minnikhanov, Prime-Minister of the Republic of Tatarstan, also took part in the ceremony. On 30 November of 2007 the memorandum of joint venture establishment to produce piston assemblies was signed in Naberezhnye Chelny. According to the investment project of the joint venture OOO “FEDERAL-MOGUL Naberezhnye Chelny” having equal shares of the parties in the authorized capital will be settled down at KAMAZ. It is planned that already in September 2008 “FEDERAL-MOGUL Naberezhnye Chelny” will launch the first production of piston assemblies. The number of the personnel planned is in excess of 350 persons. ÎÎÎ “FEDERAL-MOGUL Naberezhnye Chelny” will produce piston assemblies corresponding to Euro-3, Åuro-4 standards. On the initial stage, the main end-user of JV products will be KAMAZ Inc. But the enterprise will gradually make sales increase in the Russian market as well. OOO “FEDERAL-MOGUL Naberezhnye Chelny” will become a large producer of piston assemblies for KAMAZ Group, as well as for other automobile manufacturers of Russia and the CIS. In the future the volume of outside deliveries will make up no less than 30% from the production volume. ÎÎÎ “FEDERAL-MOGUL Naberezhnye Chelny” will pay a large amount of tax to the federal and regional budgets. ÎÎÎ “FEDERAL-MOGUL Naberezhnye Chelny” is already the fourth JV between KAMAZ Inc. and the world leading manufacturers of auto components. There was established JV OOO “ZF-ÊÀÌÀ” in 2005, JV OOO “CUMMINS-KAMA” in 2006 and JV ÎÎÎ “KNORR-BREMSE ÊAMA” in 2007. Through expansion of cooperation with the leading manufacturers ÊÀÌÀZ Inc. is getting integrated into the world automobile industry. The company is carrying on the intensive negotiations with other auto component manufacturers. Reference Federal-Mogul Corporation is a leading global supplier, serving the world’s foremost original equipment manufacturers of automotive, light commercial, heavy-duty, agricultural, off-road and industrial, marine, rail and aerospace, as well as the worldwide aftermarket. The Company’s leading technology and innovation, lean manufacturing expertise, as well as marketing and distribution deliver world-class products, brands and services with quality excellence at a competitive cost. Federal-Mogul is focused on its global sustainable profitable growth strategy, creating value and satisfaction for its customers, shareholders and employees. Federal-Mogul was founded in Detroit in 1899. The Company is headquartered in Southfield, Michigan, and employs 50,000 people in 35 countries. Visit the company’s Web site at www.federal-mogul.com. KAMAZ Inc. is the largest Russian manufacturer of heavy-duty trucks. It takes the 11th place in truck production (of 14 t GVW) and the 8th place in diesel engines production in the world. KAMAZ Group consists of 96 enterprises, 13 of which are the main associated companies. The staff is about 59 000 employees. KAMAZ sales and service network covers all regions of Russia and the CIS, and also traditional outlets. There are 127 dealers and more than 100 firm service car centers. Trucks of GVW from 14 up to 40 tonnes, diesel and gas engines are the major products of KAMAZ Inc. The trucks are used in the CIS, Europe, Asia, Africa and Latin America (more than 80 countries). The KAMAZ truck export takes a significant part of sells. The RF Ministry of Trade declared KAMAZ Inc. the best exporter of the country in machine building within 8 years (from 1999 to 2006). KAMAZ exported 13,5 thousand trucks in 2007. Since 2004 the share of KAMAZ in traditional outlets (Kazakhstan, Ukraine, Turkmenistan, Vietnam, etc.) has invariable increased. The company also developed new markets of Eastern Europe (Hungary, Slovakia, Serbia), the Middle East (Bahrain, Qatar, Iran, Lebanon) and the Asian-Pacific region (India, Pakistan, Bangladesh). The KAMAZ trucks correspond with the world standards. Numerous victories of the KAMAZ-master team at the most prestigious international rally-raid “Dakar” prove it. In 2006 KAMAZ Group showed net profit at 1 billion 407 million RUB, and at 3 billion 453 million RUB in 2007. The company produced 52 671 trucks in 2007. Wednesday, 12 March 2008 Decision of Board of DirectorsAt the KAMAZ Board meeting in Moscow the list of candidates for the Board of Directors was formed for voting at the annual stockholders’ meeting of KAMAZ:
There was also formed the list of candidate members of the audit commission:
Tuesday, 11 March 2008 KAMAZ Conquered AkonkaguaOn 13 February the flag of KAMAz Inc. was hoisted on the highest mountain peak of South America and the Western Hemisphere – Akonkagua (Argentina). KAMAZ started conquering South America, on the territory of which there will be held the rally Dakar-2009. The height of Akonkagua which is situated in the heart of the Andes is 6 692 meters. The flag of KAMAZ Inc. was hoisted on the peak by Mikhail N. Stasyukov, President of the Auto Corporation GRUZOMOBIL. A year ago Stasyukov hoisted the flag of the company on the volcano of Kilimanjaro (Africa). Tuesday, 11 March 2008 KAMAZ Board MeetingA regular meeting of KAMAZ Board of Directors took place in Moscow. It was decided to assemble an annual stockholders’ meeting on 24 June 2008 in Naberezhnye Chelny. There was approved a meeting agenda, lists of 15 candidates for the Board of Directors and 7 candidate members of the audit commission. Thursday, 06 March 2008 |
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