«Knorr-Bremse Kama» invests about $ 1 million in the opening of a new production line
According to the company's financial director Alexander Nikonov, the plant will produce 40 thousand boosters per year.
Investment in the project «Knorr-Bremse Kama» amounted to about $ 1 million. Half of the products will be delivered to KAMAZ, the remaining 50% - to a joint venture of the German concern Zahnrad Fabrik and «KAMAZ» - LLC «ZF «Kama».
In addition «Knorr-Bremse Kama» plans to enter into the autoparts market through the «KAMAZ» dealer network in 2014.
About «Knorr Bremse Kama»
«Knorr Bremse Kama» is a joint venture established in Naberezhnye Chelny by JSC «KAMAZ» and the German company Knorr-Bremse Systeme fur Nutzfahrzeuge GmbH in 2007. Venture manufactures, assemblies/tests brake systems, engine and all-wheel drive technologies for trucks, tractors, buses and trailers.
Tatarstan Investment Development Agency Press Service