23:16 GMT +320 January 2020
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    Russia's KamAZ truck maker posts 380% profit growth in 2007

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    MOSCOW, February 12 (RIA Novosti) - KamAZ, Russia's largest truck manufacturer, said on Tuesday its net profit calculated to Russian Accounting Standards (RAS) grew 380%, year-on-year, in 2007 to $3.45 billion rubles ($140 million).

    KamAZ, which is based in the Volga Republic of Tatarstan, produces more than 30 models of trucks, as well as trailers, buses, tractors and spare parts. It also manufactures engines, power units, and components.

    The truck manufacturer has assembly facilities in Poland, Kazakhstan, Azerbaijan, Ethiopia, Vietnam and Ukraine.

    KamAZ heavy-duty trucks have won the Paris-Dakar rally on several occasions.

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