ST. PETERSBURG, Russia – Daimler is moving forward with a plan that would secure its position in the Russian commercial-vehicle market through a sizable increase in its 11% stake in the country’s flagship truck producer, Kamaz. Daimler’s interest in boosting its holding recently was signaled by Sergei Chemezov, head of state-run Russian Technologies, one of the country’s leading diversified industrial conglomerates and the biggest shareholder of Kamaz at ...
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