KamAZ is the leader on the Russian truck market and ranks ninth among the major producers of heavy trucks in the world. The construction of the KamAZ Truck Production Plant began in 1969, while the first truck rolled off the assembly line in 1976.
Today, KamAZ Group consists of more than 130 companies. The key types of products that the group makes include trucks (GVW from 8 to 40 tonnes), trailers, buses, concrete mixer trucks and concrete pump trucks. Its principal production facilities are located in Naberezhnye Chelny in Tatarstan.
One of the company’s key competitive advantages is a well-established sales and service network numbering more than 190 dealers throughout Russia, as well as in the CIS and overseas. KamAZ exports about 15% of its trucks and plans to increase this share in future.
In the last 10 years, KamAZ has boosted its sales volumes more than tenfold, having succeeded in making the most of the growing demand for trucks brought about by the investment boom in Russia and the CIS. During the crisis, company has managed to increase its market share from 30% to 60% of all heavy trucks sold in Russia.
Despite a considerable drop in sales in 2009, KamAZ continues to realize its investment program. It includes setting up and supporting plants founded in partnership with leading global spare parts producers for trucks.
In December 2008, a 10% stake in KamAZ was acquired by Daimler AG, the largest truck producer in the world. This deal laid the foundation for the development of cooperative projects and technological collaboration between the two companies. In November 2009, KamAZ and Daimler signed contracts to establish two JVs in Russia – Fuso KAMAZ Trucks Rus and Mercedes-Benz Trucks Vostok – to produce light and heavy trucks, which will help KamAZ build up its share in particular market segments.