Friday, November 21, 2008
Russian truckmaker Kamaz considers setting up an assembly line in Cuba
11/21/2008 - RIA Novosti
MOSCOW, November 21 (RIA Novosti) - Kamaz is considering setting up an assembly line to produce 500 trucks annually in Cuba, Russia's largest truck maker said Friday.
"To further develop the automobile business in Cuba and strengthen Kamaz's place on the country's market, we and the Cuban side are considering the possibility of establishing a trade and service company to sell, service and repair Kamaz trucks, as well as an assembly facility with a production capacity of 500 trucks a year," Kamaz said in a press release.
Over 200 Kamaz trucks have been delivered to Cuba in 2008 as part of a Russian loan to the country.
Kamaz, based in the Volga Republic of Tatarstan, produces more than 30 models of trucks, as well as trailers, buses, tractors and spare parts. It also manufactures engines, power units, and components.
The company has assembly facilities in Poland, Kazakhstan, Azerbaijan, Ethiopia, Vietnam and Ukraine.