2,400 Trucks From KAMAZ (Russian Federation) Sold To Cuba

Naberezhnye Chelny, Tatarstan, Russian Federation-based KAMAZ (2015 revenues approximately US$3 billion), the largest manufacturer of trucks in the Russian Federation, reported that the company would export 2,400 units, spare parts, and after-sales service equipment to the Republic of Cuba. 

The first deliveries, which have long-term financing, will arrive in November 2016.

From KAMAZ:

CUBAN DELEGATION ON A VISIT TO KAMAZ
1 February 2016

Today, on February 1-st, KAMAZ (a portfolio company of Rostech State Corporation) received a visit by a delegation headed by Emilio Lozada Garcia, Ambassador of the Republic of Cuba to the Russian Federation.

The Cuban Ambassador, within the framework of the visit to Tatarstan, visited KAMAZ, accompanied by the military attache of the Republic of Cuba in the Russian FederationYuri Israel Curbello Prado and Major General, President of Civil Aviation Corporation OJSC Ramón Martinéz Echevarri. The members of the delegation took part in discussions with Sergey Kogogin, General Director of KAMAZ PTC as well as met up with the management of KAMAZ International Trade Company.

During their visit to the Truck Assembly Plant, the guests were shown around the final assembly line and the cab assembly line. After that, they were given the opportunity of viewing a display of fire fighting vehicles based on KAMAZ chassis.

Please be reminded that last spring representatives of Cuba had visited KAMAZ already. The purpose of the visit then was discussions with the Company’s top management during which the possibility of organizing an assembly plant of KAMAZ trucks in Cuba was discussed.