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AvtoKrAZ To More Than Double Deliveries To Kazakhstan in 2006.

AvtoKrAZ To More Than Double Deliveries To Kazakhstan in 2006.

27 December 2008

AvtoKrAZ’s (KRAZ: HOLD) management announced that it will increase its deliveries to the country by 2.5 times to 300 trucks due to the rapid growth of the Kazakh economy. KRAZ sees demand for road and housing-construction equipment and machines to be used in the mining sector. In 2005, AvtoKrAZ delivered 120 trucks to Kazakhstan. Concorde Capital: AvtoKrAZ believes the mining sectors in Central Asia could be a big market for its heavy trucks. In November it started deliveries of 115 dump trucks to Turkmenistan, and also announced plans to start assembly production of trucks in Tajikistan in 2H06.

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