FINANCE AND TRADING COMPANY KAMAZ CELEBRATES ITS 20TH ANNIVERSARY

26 October 2017

AO Finance and Trading Company KAMAZ has celebrated its 20th anniversary.

A solemn event on the occasion of the anniversary was held with the participation of Sergey Kogogin, General Director of KAMAZ PTC (part of Rostec State Corporation), the top management of Finance and Trading Company KAMAZ, dealers and partners. The most distinguished employees and managers who made a significant contribution to the company's development were as usual awarded during the festive evening. "The age of 20 years is a productive prime. For these years, you have laid the groundwork for stable work and proved to be a united and highly skilled team," said Sergey Kogogin, addressing the audience. "Today, FTC is linking production and customers, you are advanced front fighters. There is no doubt that your system work will enable you to achieve even more significant heights and successes in business, and KAMAZ will only strengthen and expand cooperation with customers."

AO Finance and Trading Company KAMAZ was registered on October 23, 1997. Vehicle sales is the main activity of the company which is granted the exclusive right to sell vehicles on the territory of Russia. Special equipment and trucks are sold via a dealer network which now includes more than 170 entities. Each dealer undergoes annual certification, defends development plans and meets stringent requirements and standards set by KAMAZ. Also FTC has long been cooperating with large manufacturers of special equipment.

For the last three years, FTC has been overfulfilling the business plan for the sale of KAMAZ vehicles in Russia. For 9 months of this year, the sales of KAMAZ vehicles increased by 20% compared to the same period of last year. In addition, the share of direct sales to large corporate clients has increased. Long-term contracts are concluded with such companies as Rosneft, Transneft, Alrosa, Almazy Anabara, X5. It is noteworthy that the number of corporate clients also includes carrier companies whose fleet previously consisted only of the "big 7" European commercial vehicle manufacturers: ITEKO, Monopoliya, Lider-Trans and others.

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