KMAZ on Moscow Exchange

Kamaz

Logo: Kamaz, Public domain, via Wikimedia Commons3

Russian truck brand and engine manufacturer

KAMAZ (Russian: Камский Автомобильный Завод – КАМАЗ, romanized: Kamskiy Avtomobilnyy Zavod, lit. 'Kama Automobile Plant') is a Russian manufacturer of trucks, buses, and engines headquartered in Naberezhnye Chelny. Founded in 1969, the company is known for its cab over trucks.2 From Wikipedia, CC BY-SA 4.0

Last updated Oct 16, 2026.

Overview

1969Founded1
  • TickerKMAZ on Moscow Exchange1
  • Industryautomotive industry1
  • HeadquartersNaberezhnye Chelny1
  • Websitekamaz.ru/en
  • Legal formopen joint-stock company1
Kamaz 2
Photo: Brücke-Osteuropa, Public domain, via Wikimedia Commons4

KAMAZ (Russian: Камский Автомобильный Завод – КАМАЗ, romanized: Kamskiy Avtomobilnyy Zavod, lit. 'Kama Automobile Plant') is a Russian manufacturer of trucks, buses, and engines headquartered in Naberezhnye Chelny.2

How it started

History

In 1969, the Resolution of the Central Committee of the Communist Party of the Soviet Union and the USSR Council of Ministers was approved which envisaged construction of a complex of heavy duty truck production plants. Out of 70 sites investigated as potential locations, Naberezhnye Chelny, then a small town on the Kama River, was chosen. Naberezhnye Chelny is located near two navigable rivers: the Kama River and the Volga River, and has railway connections. These transport links made the site attractive as they could be used to bring in raw materials and facilitate the export of the trucks. The fact that the huge construction company "KamGESenergostroy" existed in the region allowed construction of plant buildings and apartment blocks for prospective KAMAZ employees to be completed.

Workers and engineers, representing more than 70 ethnicities, converged on Naberezhnye Chelny. Over 100,000 personnel were employed at the construction site itself. In its fit-out, the plant was provided with state-of-the-art manufacturing equipment. More than 700 international firms were among equipment vendors for KAMAZ facilities, including Swindell-Dressler, Holcroft, CE-Cast, Ingersoll Rand, Ex-Cello (U.S.A.), Hueller-Hille, Liebherr (West Germany), Morando, Fiat (Italy), Renault (France), Sandvik (Sweden), JCB (U.K.), Komatsu and Hitachi (Japan).

On December 13, 1969, ground was broken and the first bucket of soil was excavated at the construction site of the Kama River Truck Plant which was rated for production of 150,000 heavy duty trucks and 250,000 engines per year. The Complex of Plants on the Kama River sprawled over 57 square km. Facilities had to be constructed for the 100,000 workers at the plant. They were provided with housing, educational facilities, kindergartens and creches, hospitals and clinics, numerous cultural, sporting and recreational centers. KAMAZ was instrumental in transforming the Kama River Area into an industrial and scientific research hub and developing the infrastructure for nearby agricultural areas.

Every year the population of the city grew by another 30-40 thousand or so. Whereas before construction of KAMAZ got underway, 27,000 residents had lived in Naberezhnye Chelny, the current population is over half a million.

In 2016, the company's revenue amounted to 121 billion rubles.

From Wikipedia’s article on Kamaz, shared under CC BY-SA 4.0.2

Products and brands

  • truck

Listed on Wikidata.1

Subsidiaries and ownership

Owners

  • Rostec 47.1% since 2018
  • Troika Dialog 27.3%
  • Avtoinvest 23.5%
  • Daimler Truck 15% since 2019
  • Mercedes-Benz Group 11%
  • European Bank for Reconstruction and Development 4%

Subsidiaries

  • Kamaz Master
  • Neftekamsk Automotive Plant
  • ZMA

Also owns

  • Begishevo Airport

Former owners and parents

  • Rostec 49.9% until 2018

From Wikidata.1

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

Kamaz revenue by year1190.4B RUB in 2019+43% since 2016
050.0B RUB100.0B RUB150.0B RUB200.0B RUB2016: 133.5B RUB133.5B RUB20162017: 156.0B RUB156.0B RUB2017+17%2018: 186.2B RUB186.2B RUB2018+19%2019: 190.4B RUB190.4B RUB2019+2%
  • 2019190.4B RUB1
  • 2018186.2B RUB1
  • 2017156.0B RUB1
  • 2016133.5B RUB1

Net income

Kamaz net income by year1-2.0B RUB in 2019
-2.0B RUB02.0B RUB4.0B RUB2016: 656.0M RUB656.0M RUB20162017: 3.5B RUB3.5B RUB2017+427%2018: 1.6B RUB1.6B RUB2018−54%2019: -2.0B RUB-2.0B RUB2019
  • 2019-2.0B RUB1
  • 20181.6B RUB1
  • 20173.5B RUB1
  • 2016656.0M RUB1

Timeline

  1. Feb 26, 2004Went public Listed on Moscow Exchange1
  2. 1969Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
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