First Assembling of KAMAZ Vehicles Opened in India
On 25 February the Indo-Russian joint venture KAMAZ VECTRA MOTORS LIMITED officially launched the assembling of KAMAZ vehicles.
Rustam Minnikhanov, President of the Republic of Tatarstan, Sergey Kogoghin, Director General of OJSC KAMAZ and R.K. Rishi, Chairman, Vectra Group participated in the solemn ceremony.
According to Rustam Minnikhanov, the governing body of the Republic of Tatarstan supports this project completely. “I hope,” noted President of the RT, “that such areas of cooperation between Tatarstan and Indian companies will be more.”
“I think that we chose the right line of business development having organized the KAMAZ assembly in Hosur,” Director General of OJSC KAMAZ said in his turn. “Our partners and we highly appreciate the potential of our joint business development and believe that we are able to score a considerable success when energetically and efficiently developing and producing new, called-for models.” In conclusion Sergey Kogoghin expressed his hope that before long the new JV would become the best and most successful enterprise producing KAMAZ trucks outside Russia.
The first assembling of KAMAZ vehicles in India is located in Hosur, near Bangalore (India). The joint venture was set up on the production basis of India’s Vectra Group, the partner of OJSC KAMAZ. In March 2009, the partners signed the memorandum of understanding and for the creation of the KAMAZ VECTRA MOTORS LIMITED JV, with a capacity of 5,000 vehicles per year.
In the initial stage of the JV, it is planned to assemble several models of vehicles equipped with side platforms and construction dumpers based on the KAMAZ-6540 chassis with right-hand steering wheels, as well as the production of KAMAZ-5460 long-haul tractors.
Thursday, 25 February 2010
KAMAZ for Agrarian Sector
OJSC KAMAZ participated in the seminar and conference devoted to the issues of development of the Tatarstan agricultural complex and the exhibition organized by the RT Ministry of Agriculture and Food on 24 February.
The events were held in Korsa village (Arsk Region, Tatarstan Republic) from 24 to 28 February. KAMAZ prepared a range of models of modernized agricultural equipment for the exhibition.
The model of a refrigerated van 57509 on KAMAZ-4308 chassis was brought to would-be users’ attention. The frameless van made of sandwich panels designed for transportation of cut carcasses and other perishable goods is produced with the use of Lamilux fibre glass reinforced plastic. The interior structure of the van is made with the use of OEM components produced by Pastore & Lombardi and the Thermo King V500max30 refrigerating and warming unit with a supplementary electric drive. This equipment guarantees that products will be kept in the proper storage temperature mode during the whole way. KAMAZ-4308 chassis is equipped with a Cummins engine of 185 h.p. meeting Euro-3 standards.
A combination of a dumper truck 68901 on KAMAZ-65115 chassis (6x4) and a trailer 85310A was of a heightened interest to specialists. It is intended for transportation of diverse loose construction, industrial and agricultural goods. This model proved to be excellent for maneuvering by unloading when it operated under conditions of restricted space. The dumper is equipped with a brand engine of 280 h.p. corresponding to the Euro-3 standard. The rig will undoubtedly be widely used in agriculture where receiving bins provide for two options of unloading – side and rear unloading.
A new vehicle with improved consumer properties – KAMAZ-65117 with sides and an awning – is able to perform a broad spectrum of tasks. It is equipped with a brand-name turbo-charged disel engine of 280 h.p. with intermediate air-cooling. The vehicle with a carrying capacity of up to 14 t has got a platform with drop sides, and beign fully loaded it can make up to 90 km/h and successfully climb up to 25°.
The specialists of OJSC KAMAZ thouroughly study the needs of the home agriculture, develop new models of equipment and always modernize the current model line for the purpose of performance improvement of the company’s automotive equipment.
Wednesday, 24 February 2010
Experts Called KAMAZ Company with Strong Social Responsibility
OJSC KAMAZ was reckoned among with 25 major Russian companies in the monthly released rating of business social responsibility.
The Trud newspaper, the Agency for Political and Economic Communications and the Russian Anti-Crisis Forum conducted the expert poll via close questioning. Over 30 experts, including representatives of trade unions, entrepreneur associations, economists, sociologists, political analysts, publicists participated in the polling in January 2010. The assessment was made according to the ten-point system, and the experts took into account a great number of criteria: creation and preservation of jobs, tax compliance, fulfillment of obligations before employees, active support of regional social infrastructure.
In all 75 large and socially most important Russian companies were rated. They were divided into three groups 25 enterprises each. KAMAZ and Ford Motor Company became the only machine building enterprises of Russia which were included into the first group. Higher grades were given mainly to the companies representing the extractive industry and large bank structures.
Friday, 19 February 2010
KAMAZ Sets the Fashion for Auto Industry
Among the largest Russian automobile enterprises only OJSC KAMAZ essencially increased its production volumes in January 2010.
This conclusion was drawn by OAO ASM-Holding evaluating activities in the domestic automobile industry at the beginning of 2010. On the whole, the Russian truck production continued falling. The truck production volume decreased by 47.4% – to 2174 units in January 2010 (in comparison with January 2009), including the production of foreign models by 22.2% – to 266 vehicles.
According to the data of the holding, in January only KAMAZ managed to considerably (by 57.2%) increase the production volumes having produced 1682 finished trucks.
Bus production in Russia developed slowly in January 2010. The rise in bus production was only at NEFAZ, the subsidiary of OJSC KAMAZ, (+168.8%), and PAZ (+9%). The majority of other bus manufacturers reduced or stopped their production.
Thursday, 18 February 2010
KAMAZ’s Anniversary
On 16 February it was 34 years since the day when the first KAMAZ vehicle went off the mother assembly conveyor of the Kama automobile plant.
The traditional Enterprise’s Day was timed to this event at the automobile plant of OJSC KAMAZ. It was celebrated by the company’s workers, representatives of their labour union and top managers: Yury Klochkov, First Deputy Director General of OJSC KAMAZ – CEO, Kirill Puzyrkov, Deputy Director General of OJSC KAMAZ of Personnel Management and Organizational Development, Glyuza Imanova, Deputy Director General of OJSC KAMAZ of Economy and Finance, Ildar Shamilov, Deputy Director General of OJSC KAMAZ of Security, Ildus Bayanov, Director of the automobile plant, Gumer Nuretdinov, Chairman of KAMAZ’s labour union committee. The corporation celebrated its anniversary producing vehicles of the new generation for the Russian and foreign markets. These vehicles are as before familiar, but with absolutely different components and technical characteristics as compared with the first heavy trucks.
Over the last 34 years KAMAZ produced more than 1 million 900 thousand vehicles. Firstly the production association had only 4 models in its arsenal. But at that time even this was enough for the Russian truck industry to advance within one decade.
Today’s KAMAZ is the company integrated into the global automotive industry and producing a very wide range of equipment. These are trucks of more than 30 principal models and over 400 modifications and versions, diesel and gas engines, spare parts and vehicle components, tools, accessories and diversification products.
The current KAMAZ vehicles are a product of international division of labour. KAMAZ vehicles are state-of-the-art due to KAMAZ designers’ new developments and vehicle components from the leading foreign producers. With four of them the following Joint Ventures were established: ZF KAMA (gearboxes), CUMMINS KAMA (engines), KNORR-BREMSE KAMA (brake systems), Federal Mogul Naberezhnye Chelny (details of a cylinder and piston group).
KAMAZ designers continue developing KAMAZ so that they should correspond with modern quality standards. Thus, restyled vehicles with highly comfortable cabs of the latest pattern meeting the European standards are already on sale.
Tuesday, 16 February 2010
Vladimir Putin Visited KAMAZ
On 11 February Vladimir Putin, Russia’s Prime Minister made a business visit to KAMAZ.
In the presence of Vladimir Putin a letter of intent between KAMAZ and Daimler AG regarding their strategic partnership and supply contracts between KAMAZ and the RF Ministry of Defence and Minisrty of Emergency Situations were signed. Letters of intent were also signed with the RF Ministry of the Interior, the RF Federal Penitentiary Service and OAO State Transport Leasing Company.
Prime Minister congratulated KAMAZ on the conclusion of contracts, highly appreciated the company’s activity under the current difficult conditions and made special mention of the Russian Governement’s particular role in KAMAZ’s progress and its crisis-management measures taken to support the Russian automobile industry. In conclusion Vladimir Putin said:
– I wish you every success this year. I have confidence that this company will not only overcome the hardships caused by the recession, but will even expand, taking advantage of its opportunities in the domestic and international markets. Good luck!
The documents were signed in the presence of Sergey Chemezov, Chairman of KAMAZ Board of Directors, Director General of the Russian Technologies State Corporation, Andreas Renshler, a member of the Board of Management of Daimler AG, Head of Daimler Trucks Division, Sergey Kogoghin, Director General of OJSC KAMAZ, and Sergey Skvortsov, Managing Director, President of Troika Capital Partners.
Besides, Vladimir Putin visited the Auto-Racing Centre and met with members of the KAMAZ-master team, the winners of the recent Dakar.
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Thursday, 11 February 2010
Daimler Trucks to increase stake in Russian truck manufacturer KAMAZ with planned support of the European Bank for Reconstruction & Development
- Daimler Trucks expands its local presence in Russia
- Daimler Trucks and KAMAZ have implemented initial projects as part of their strategic partnership and are about to begin producing and selling trucks in Russia in the first quarter 2010
- European Bank for Reconstruction and Development (EBRD) is also proposing to become a KAMAZ shareholder
Stuttgart/Moskau – Daimler AG and Russia’s leading investment bank Troika Dialog have signed a memorandum of understanding (MoU) regarding the strengthening of Daimler’s role in the Russian truck manufacturer KAMAZ, through the acquisition of five percent of the KAMAZ shares held by Troika Dialog.
Under this plan, Daimler AG and the EBRD, are in negotiations to acquire this stake in KAMAZ owned by Troika Dialog. The acquisitions would be made in parallel and closely coordinated.
Daimler AG will initially increase its holding in KAMAZ by one percent to 11 percent. The remaining four percent of the deal would be bought by the EBRD. As a result of this transaction, the EBRD would obtain representation on the KAMAZ Board of Directors. Daimler AG has a seat on the KAMAZ Board of Directors since 2009.
The parties to the contract have agreed not to disclose the price at which the five percent stake will be purchased from Troika Dialog.
Daimler Trucks began a strategic partnership with KAMAZ, Russian Technologies and Troika Dialog in December 2008, when Daimler acquired a 10 percent stake in KAMAZ.
“The planned increase of our stakes in KAMAZ is strengthening the strategic partnership of Daimler Trucks at KAMAZ,” says Andreas Renschler, Daimler Board of Management member responsible for Daimler Trucks and Daimler Buses. “This is not only a strategically important step for Daimler Trucks, especially under the currently difficult economic conditions — it also sends a clear signal. The strategic partnership with KAMAZ and the projects that have already been completed have set a further milestone toward opening up the Russian market with its promising growth opportunities. It will allow us to further expand Daimler Trucks’ global presence.”
Sergei Kogogin, General Director of KAMAZ, adds: “The increase of Daimler Trucks in the strategic partnership with KAMAZ demonstrates that our co-operation is on the right course and is making KAMAZ to an internationally competitive company.”
According to Ruben Vardanian, Chairman and CEO of Troika Dialog, “As the financial investor Troika Dialog is very pleased to contribute the development of this partnership, which commenced at the beginning of the global recession and has produced results in such short time, leading to today’s broadening of its financial and technological parameters. KAMAZ chose a very reliable partner in Daimler, which should be commended for its commitment to and confidence in this partnership and its strategy, as well as in the Russian auto market in general. Troika Dialog will continue to support the partnership in the future”.
“This agreement carries strategic significance for Russia and the Russian auto sector. It also speaks to a great deal of trust in Russia’s machinery industry and its overall economy, as well as the readiness of Western companies to invest in the Russian Federation,” said Sergey Chemezov, General Director at Rostechnologii State Corporation and Chairman of the Board of Directors of OJSC KAMAZ.
Daimler Trucks and KAMAZ are making very good progress in the implementation of joint projects
In November 2009, Daimler Trucks and KAMAZ signed agreements for the establishment of two joint ventures.
Daimler AG and KAMAZ each will own 50 percent of the first joint venture Fuso KAMAZ Trucks Rus, which is beginning to import semi-knocked-down (SKD) assembly kits of Fuso trucks from Japan in the first quarter of 2010. The trucks will be manufactured in Naberezhnye Chelny, where KAMAZ has its truck plant; the new company’s sales headquarter is in Kazan.
Daimler AG and KAMAZ each also will own 50 percent of the second joint venture, Mercedes-Benz Trucks Vostok, which will initially build the heavy-duty Mercedes-Benz Actros and Axor trucks in SKD assembly also located in Naberezhnye Chelny. The sales headquarters for Mercedes-Benz Trucks and Buses as well as Setra Coaches in Russia will remain in Moscow. Truck production is scheduled to commence in the second quarter of 2010, while the sales operations already began in January 2010 via the new company Mercedes-Benz Trucks Vostok.
Thursday, 11 February 2010
Meeting of KAMAZ Board of Directors
On 10 February the regular meeting of KAMAZ Board of Directors took place in Moscow.
KAMAZ Board of Directors preliminarily summed up execution of the company’s business plan for 2009.
Board of Directors again appointed Sergey Kogoghin to the post of Director General of OJSC KAMAZ for a term of four years and appointed members of KAMAZ Board of Management for a term of 4 years.
Thursday, 11 February 2010
Sergey Kogoghin at “Russia 2010” Forum
On 4 February Sergey Kogoghin, Director General of OJSC KAMAZ spoke at the Russia 2010 International Forum held in Moscow.
Director General of OJSC KAMAZ, Chairman of the Council of the Association of Russian Automakers, nonprofit partnership (OAR), and a member of the Board of Directors of other Russian automakers participated in the session “The Russian Automobile Industry: Making Use of Foreign Experience”. He told about the course of integration of the Russian automobile enterprises into the world automobile industry. All-round modernization based on innovations, high-tech production with a great share of added value will enable the Russian companies to be competitive on the world market. This is a difficult task requirering investment which can be solved only when it is realized at government level.
In his speech Sergey Kogoghin concentrated on KAMAZ’s experience in realization of its crisis-management program, partnership with the leading world truck and component producers, its main investment projects and its business diversification. He noted that KAMAZ sets itself a great task – to become a global player. To achieve this aim the company must start producing a new truck model line and become absolutely adaptive on the market already in the next decade. This is stipulated by the strategic development program of OJSC KAMAZ till 2013 which describes its priority objectives till 2018. This program was adopted in December 2009.
Sergey Kogoghin also told about the key items of the program of the Russian automobile industry development till 2020 which is currently being developed.
Thursday, 04 February 2010
Brand Spare Parts of High Quality for KAMAZ Vehicles
In February 2010 OJSC KAMAZ cut prices for a number of spare parts for its trucks.
The price was changed for 117 most saleable spare parts which are in consumers’ fixed demand. The prices for them were reduced from 4 to 80 percent.
This decision was made to stimulate the sales of brand-name spare parts produced by KAMAZ and its business partners to license contracts. It’s necessary to reverse the situation on the spare parts market which, as a rule, worsens in the crisis because of the flow of low-quality “grey” products made underground, with the help of obsolete equipment, not complying with process requirements and technical documents.
“We intend to increase the share of our proprietory products on the spare parts market, – Ashot Arutyunyan, Director of Marketing and Advertising of OJSC KAMAZ explained. – Only the use of original spare parts for KAMAZ vehicles secures dependable service and continuous operation of equipment over a long period of time and enables to use all warranty services in certified service centers of KAMAZ and its partners.”
Tuesday, 02 February 2010
KAMAZ: Results of January
The production plan for the first month of 2010 was fulfilled by KAMAZ’s plants and operating departments, including the subsidiaries outside Tatarstan (NEFAZ, TZA and Avtopritsep-KAMAZ), in full measure and by all key performances.
The automobile plant, the finishing production of KAMAZ, made 1786 vehicle sets, including 1691 finished vehicles and chassis. In January KAMAZ-Diesel delivered 2024 engines and power units, including 1872 units to the mother assembly conveyor of the automobile plant.
It should be noted that sales on the country’s so-called open market were gradually increasing. Besides direct shipments to government orders, in January over 1 thousand KAMAZ trucks was sold on the market which is almost three times as much as in the first month of 2010. The yield of spare parts was also growing.
Monday, 01 February 2010