News

KAMAZ-LEASING is Reliable Company

The Expert Rating Agency gave OAO Leasing Company KAMAZ-LEASING the highest reliability rating – “A”.

According to Roman Romanovsky – the analyst of Financial Institutions Rating Department of the Expert RA, several factors made a difference in the company’s assessment: specialization in highly liquid road freight transport, a wide field of activity, a good credit history, a high level of transparence and cooperation with mass media.

KAMAZ-LEASING delivers financial lease services on the whole territory of Russia, has 7 subsidiaries and an associated company located in Kazakhstan. The general line of activity of KAMAZ-LEASING is financial leasing of a wide spectrum of Russian and foreign automotive equipment. The company has over 140 suppliers and about 800 lessees.

In 2007 the new business volume of OAO KAMAZ Leasing Company made up RUB 9 billion, the leasing portfolio value was RUB 6.5 billion, and the volume of the lease payments received was RUB 5.27 billion. According to the Expert RA, this is the 20th result among the largest Russian leasing companies.

Monday, 26 May 2008

Risk Managers

KAMAZ specialists participated in risk management training sessions.

KAMAZ intends to join the IPO international system, and risk management is one of the components of this system. The faculty of ANO Risk Management International Institute conducted the training.

Monday, 26 May 2008

Sandwich Engine

The unique product supplemented the KAMAZ engine line: for special equipment producers there was started batch manufacturing of a new power unit with a built-in power takeoff attachment.

This power unit – sandwich engine – is the first Russian analog of foreign products. According to Felix Iskanderov – Deputy Engine Design Manager, now there is one engine on a vehicle instead of two ones. There are considerable economic benefits for customers who operate vehicles on the basis of KAMAZ chassis with special superstructures: “mixers”, crane installations, etc.

Besides, the new product will make it possible to improve operating characteristics of vehicles: to bring down the price of a truck and reduce fuel costs. Such engines are already produced in the development shop of the engine plant.

Monday, 26 May 2008