News

For nine months income of “KAMAZ-Leasing” company group has reached 3.6 bln rubles, which is three times more than the last year factor. Net profit in the amount of 773 mln rubles has been gained.

KAMAZ-Leasing has concluded 839 equipment supply contracts for the total amount of more than 8.9 bln rubles. Moreover, 155 contracts for the amount of more than 2.5 bln rubles accounted for equipment and road-building vehicles leasing. KAMAZ-Leasing plays an important role in KAMAZ vehicles promotion. Group sales at the Russian market are 9% of the sales volume of “KAMAZ JSC”. By October 2008 the company had supplied customers with 3208 trucks, 92 buses NEFAZ and 363 items of trailed tools. 2008 has marked the beginning of KAMAZ-Leasing cooperation with the international financial market. The company received a credit in the amount of 50 mln US dollars in “Kommertsbank Evrasiya CJSC”. In a year KAMAZ-easing management is planning to establish a syndicate which will also include Kommertsbank. This year “KAMAZ-Leasing” company group entered a new stage of “KAMAZ-Leasing” brand development. The company started expanding work on service backup of leased equipment. This direction was chosen within the framework of “KAMAZ JSC” general strategy on trade and service centre network development. According to this strategy, trade and service centres shall sell KAMAZ vehicles at retail, including leasing, equipment servicing and spare parts sales.