OREANDA-NEWS. February 17, 2009. The first meeting of KAMAZ Board of Directors in 2009 took place in Moscow. Sergey Chemezov – Director General of Rostekhnologii State Corporation (Russian Technologies) chaired it.

The representatives of the company’s owners considered a few important issues: about tentative results of execution of the business plan 2008 of KAMAZ organizations, about organization of an extraordinary general KAMAZ shareholders’ meeting scheduled for March 11, 2009 and about election of new KAMAZ board directors there.

Also KAMAZ Board of Directors decided to issue a bonded loan of RUB 10 billion with 5 years of maturity. Payments by coupons are planned to be held once a half-year. The coupons will be estimated during placement of means, the terms of execution of a loan will depend on the state of the stock market. However, these terms shouldn’t exceed 1 year from the moment of decision making.