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The last, and most critical, blow was the decision by Russia’s Ministry of the Financial system. Muratov asked the Russian government to restructure the company’s debt of $1 billion, to simplify and scale back KamAZ’s tax when supplying daughter enterprises, to allow KamAZ to postpone paying its VAT and customs duties on new equipment purchased, to take a position $65 million in making a family of trucks with a carrying capacity of 19-30 tons, and to problem a state order to produce trucks for the agricultural complicated and highway building. The Ministry refused all these proposals and declared that any federal budget money to help the auto factory must be paid again. It also requested the corporate to current a report on the opportunity of further share emissions and liquidity. It pointed out that the Russian government had already restructured $200 million of the company’s debt however that no positive results had been produced; as an alternative, the factory’s financial scenario had continued to deteriorate. The Ministry expressed the opinion that there was no reason to anticipate that any cash it lent could be paid back on time.
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With the spirit of unity and pioneering, we will present clients with prime quality Brand New Auto Elements Diesel Engine Kamaz K27 145-02 Turbocharger at cheap costs and well timed and thoughtful companies. Whereas developing ourselves, we shouldn’t forget to return to the society and benefit our workers, which is the aim of our firm since its institution. At present, the corporate is moving forward to an excellent first-class enterprise with vigorous vitality and excessive spirited pace.
4 KAMAZ dump trucks were provided for testing in South Africa in 2016. In January, 2018 54 more trucks have been shipped to the country. A total of one hundred machines might be equipped to the Republic of South Africa by the top of this year. Starting 2019, the company plans to export not less than 300 trucks yearly. In accordance with KAMAZ press workplace, that quantity could be significantly increased.