Board of Directors of KAMAZ trucks manufacturer approved business plan for 2020, corporate website reports.
Next year, KAMAZ plans to sell 35,709 vehicles, of which 29K will be delivered domestically and 6,709 to foreign markets. The share of KAMAZ in the Russian truck market will grow to 46%. Under the business plan, KAMAZ will invest about RUR 14.1 bln ($225 mio) in expanding production; its net profit should grow to RUR 288 mio ($4.5 mio) and revenue RUR 204 bln.