Russia's KAMAZ plans $1.5 bln truck investment-paper


MOSCOW, Jan 31 (Reuters) - KAMAZ , Russia's largest truck maker, is preparing a $1.5 billion investment programme that would allow it to double annual production to 100,000 units in five years, Kommersant business daily reported on Thursday. The newspaper, citing several unnamed sources close to KAMAZ, said the truck maker was preparing to increase exports and enter new markets in eastern Europe, southeast Asia and India. It quoted KAMAZ General Director Sergei Kogogin as saying the ...

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