Contact us

Support


Daimler

The German Daimler AG, a shareholder of KAMAZ, may increase its participation in the Russian Company to 18-19% as compared to the current 15%, the negotiations have just started so it’s too early to speak about the mechanisms and the time frame, Sergey Chemezov, the head of Rostec, told TASS.

28 May 2018
TASS

A special investment contract was signed today by Denis Manturov, Minister of Industry and Trade of Russia, Rustam Minnikhanov, President of the Republic of Tatarstan, Nail Magdeev, Mayor of Naberezhnye Chelny, and Sergey Kogogin, Director General of PJSC KAMAZ within the framework of the XXII Saint Petersburg International Economic Forum.

The document is aimed at development of the model line-up of KAMAZ and Mercedes-Benz vehicles as well as at modernization of the facilities used by PJSC KAMAZ and DK RUS LLC jointly with Daimler AG.

Under the contract, a high-tech plant for welding and painting of cab frames is to be constructed. The investments will amount to RUB 46.4 bln, over 1200 jobs will be created.

25 May 2018
http://kazan.mk.ru
Investor
491.5 mln
Republic of Tatarstan, Yaroslavl Region, Nizhny Novgorod Region, Moscow Region

Investor profile

Daimler

Germany

Company's website: www.daimler.com

T: +49 711170

Public company (NYSE: DAI)

Contact: Dr Dieter Zetsche, Chairman and Chief Executive Officer

Daimler AG is a vehicle producer mostly known for its Mercedes-Benz cars. Daimler also produces trucks and provides financial services via Daimler Financial Services.

Subscribe to Newsletters

Email: