Kamaz has suspended operations on its main production line from Thursday through May 11.
Kamaz spokesman Nail Nagumanov told the Itar-Tass news agency that Kamaz has completed all orders for April and that workers will be receiving two-thirds of their wages during the suspension period.
Kamaz produced about 2,500 trucks in April, completing the government’s orders, the report said.
The current suspension is the fourth for Kamaz this year due to a decline in demand for trucks in Russia.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData