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The final, and most serious, blow was the decision by Russia’s Ministry of the Financial system. Muratov asked the Russian government to restructure the company’s debt of $1 billion, to simplify and scale back KamAZ’s tax when supplying daughter enterprises, to permit KamAZ to postpone paying its VAT and customs duties on new gear purchased, to speculate $65 million in creating a household of trucks with a carrying capacity of 19-30 tons, and to challenge a state order to produce trucks for the agricultural advanced and highway construction. The Ministry refused all these proposals and declared that any federal budget cash to assist the auto factory would have to be paid back. It also requested the corporate to current a report on the potential of additional share emissions and liquidity. It identified that the Russian government had already restructured $200 million of the company’s debt but that no optimistic results had been produced; instead, the factory’s economic situation had continued to deteriorate. The Ministry expressed the opinion that there was no reason to expect that any cash it lent could be paid again on time.
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With the spirit of unity and pioneering, we’ll provide prospects with prime quality Brand New Auto Components Diesel Engine Kamaz K27 145-02 Turbocharger at affordable costs and timely and considerate providers. Whereas developing ourselves, we should not forget to return to the society and profit our staff, which is the aim of our company since its establishment. At present, the corporate is shifting ahead to a super first-class enterprise with vigorous vitality and excessive spirited pace.
4 KAMAZ dump trucks had been supplied for testing in South Africa in 2016. In January, 2018 fifty four extra trucks have been shipped to the nation. A complete of 100 machines can be equipped to the Republic of South Africa by the top of this year. Beginning 2019, the company plans to export not less than 300 trucks yearly. In response to KAMAZ press office, that quantity could possibly be considerably elevated.
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