Source Pravda.Ru

KamAZ head voices 2003 plans

KamAZ is planning to receive at least 112m rubles ($3.66m) of net income in 2003, compared to 78.7m rubles ($2.57m) in 2002, KamAZ General Director Sergey Kogogin declared at an annual shareholders' meeting today.

He stressed that the company was planning to increase its share on the truck market from 28 percent to 39 percent this year. In particular, up to 2,000 out of 24,000 assembled trucks will be leased.

In 2002 the automobile manufacturer produced more than 20,000 trucks and 38,500 cars. More than 6,000 trucks were exported. Gross income amounted to 4.292bn rubles ($140.26m) and revenues were 23.305bn rubles ($761.6m) in 2002.

© &to=http://www.rbc.com' target=_blank>RBC

Comments
Russians lose faith in their future, get ready for worse
Capital outflow from Russia sets new records
Malaysia complains of faulty Russian Sukhoi Su-30 fighter jets
Putin dislikes the idea of US army bases coming to Kuril Islands
Men's presence in maternity wards during childbirth considered shameful in Russia
Macron challenges Trump. French independence and croissants at stake
Russia’s sanctions against Ukraine send message to Washington
Russia sells arms to Asia to maintain peace in the world
The Amazon and the New Conquistadores
Putin's three days in Singapore mark Russia's major geopolitical changes since 2000
Castro sued over alleged torture
Macron challenges Trump. French independence and croissants at stake
Castro sued over alleged torture
Malaysia complains of faulty Russian Sukhoi Su-30 fighter jets
Castro sued over alleged torture
Castro sued over alleged torture
Putin dislikes the idea of US army bases coming to Kuril Islands
Castro sued over alleged torture
Putin's three days in Singapore mark Russia's major geopolitical changes since 2000
Putin's three days in Singapore mark Russia's major geopolitical changes since 2000
Russians lose faith in their future, get ready for worse