MEETING OF THE BOARD OF DIRECTORS OF KAMAZ PTC

29
May
2020

On Thursday, May 28, via videoconference, a regular meeting of the Board of Directors of KAMAZ PTC was held under the chairmanship of Sergey Chemezov, Director General of Rostec State Corporation. It discussed issues of preparation for the annual General meeting of shareholders of KAMAZ PTC and considered a range of issues related to the company’s activities.

On the current activities of KAMAZ, the members of the Board of Directors heard and took note of information on the implementation of the Business plan of the group of organizations of KAMAZ PTC for the first three months of 2020.

Based on the results of 2019, the annual report was pre-approved, and information on the composition and content of the annual accounting (financial) statements of KAMAZ PTC was taken into account. The agenda of the annual General meeting of shareholders of KAMAZ PTC, which will be held in the form of absentee voting on June 30, 2020, has been approved.

It was decided to recommend to the annual General meeting of shareholders of KAMAZ PTC that, due to the lack of net profit of KAMAZ PTC based on the results of operations for 2019, profit distribution should not be made, and dividends on shares of KAMAZ PTC for 2019 should not be paid.

KAMAZ IN THE WORLD RATING OF CAR MANUFACTURERS

25
May
2020

KAMAZ took the 16th place in the latest rating of the world’s leading manufacturers of heavy trucks.

At the end of 2019, KAMAZ was ranked 16th among the world’s leading manufacturers of trucks with a total weight of more than 16 tons. Such data is published in the annual report of the Global Truck Industry, which reflects the state of the global truck industry. According to Paccar inc., one of the TOP 10 leading car manufacturers in the world, KAMAZ also ranked 16th in the world ranking.

When compiling the rating, analysts relied on the production volumes of global automakers. At the end of 2019, KAMAZ sold 35.5 thousand heavy trucks, ahead of such well-known car giants as IVECO and ISUZU. At the same time, the German company Daimler, which has been a strategic partner and a major shareholder of KAMAZ since 2008, remains at the top of the ratings.

THE TEST OF THE NEWEST KAMAZ DUMP TRUCK WITH THE K5 CAB

22
May
2020

KAMAZ-65952 dump truck with a new generation cab is being tested at the NAMI training ground in Dmitrov.

Tests of the KAMAZ-65952 dump truck started at the beginning of 2020. Testing of the machine takes place at the NAMI training ground located in the city of Dmitrov. Also, the truck is tested in conditions as close as possible to actual operation to verify the reliability of all technical solutions.

The truck belongs to the latest K5 family, it has a new cab, a new KAMAZ R6 engine, an automatic gearbox, a new architecture of electrics and electronics are installed. Compared with the trucks of the previous K4 family, many improvements in the chassis have been implemented – for example, spars with a profile height of 300 mm are used, new solutions for the front and rear suspension of the car.

According to Igor Valeev, the deputy chief designer for automobiles at the KAMAZ Science and Technology Center, serial production of KAMAZ heavy family vehicles is planned for early 2021. In 2020, it is planned to manufacture a pilot batch for operational tests.

K5 generation trucks include several families of them. Automobiles of the main family were the first to appear: KAMAZ-54901, KAMAZ-65659 truck tractors, as well as the 65658 chassis. Following them were heavy family cars, including KAMAZ-6595, KAMAZ-65951, KAMAZ-65952 dump trucks and KAMAZ-65956 truck tractor . In addition, it is planned to create a transport family, a family of all-wheel drive trucks on a single tire and a family of medium-tonnage trucks.