OREANDA-NEWS. October 22, 2010. According to its volumes of receipts in 2009, OJSC KAMAZ was reckoned among top one hundred companies in the Finance 500 rating compiled by independent experts relying on the financial and economic performance of the largest Russian companies.

It should be noted that the whole year was recessionary, and for the first time in the whole history of Finance-500, the consolidated proceeds of most Russia’s major firms has decreased, not increased. Moreover, the aggregate proceeds of all 500 companies, with the exception of large raw material monopolies and some financial entities, on the list were less than USD 1 trillion. The crisis had mostly affected machine building plants manufacturing and selling the so-called investment products.

KAMAZ, as a pure truck producer, suffered much more than other Russian vehicle manufacturers realizing their products in the automobile market. Yet, the proficient management let the company retain its position in the top hundred of this ranking. In the first half-year 2010, KAMAZ Group increased sales of its products by 28.7 percent against the same period of 2009, while in terms of selling the main product – trucks – it exceeded the last year’s result by 37.6 percent. The second half-year sees an even faster growth.