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KAMAZ and Marcopolo Set Up Joint Venture in Russia

13 September 2011

Today, on September 13, OJSC KAMAZ and Marcopolo S.A. have signed an agreement on a joint venture.

The agreement was signed by General Director of OJSC KAMAZ Sergey Kogogin (on the part of the Russian company), CEO of Marcopolo S.A. José Rubens de la Rosa and General Director of OOO PoloAvtoRus Yuri Eduardo Caio (on the part of the Brazilian company) in Moscow, at the opening of the COMTRANS exhibition, the largest show of trucks, buses and special vehicles in Russia, the CIS and Eastern Europe.

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The main purpose of the joint venture set up on a parity basis by OJSC KAMAZ and Marcopolo is to manufacture and sell Marcopolo buses on KAMAZ chassis complying with Euro 4 standards and satisfying todays’ requirements for passenger transportation in the Russian Federation and CIS countries. Buses will be produced at the facilities of a subsidiary of OJSC KAMAZ – OAO NEFAZ – in Neftekamsk, the Republic of Bashkortostan. The joint venture plans to produce 3,000 buses per year and attain its projected capacity in 2016.

The first prototype of a new small class bus jointly developed by OJSC KAMAZ and Marcopolo will be presented at the exhibition. The bus has got a body by Marcopolo which is mounted on a KAMAZ chassis that meets the Euro 4 standards and is equipped with components made by the world`s largest automobile producers: a Cummins engine, a ZF gearbox, Daimler axles, a Knorr-Bremse braking system. the company plans to start selling such buses in the second quarter of 2012.

Reference:

OJSC KAMAZ is the largest automobile company of the Russian Federation. KAMAZ Group of Companies consists of 96 companies, 13 of which are major subsidiaries of the company. The company employs about 59 thousand people. The branded service network covers the whole territory of Russia and CIS countries, as well as traditional markets. It numbers about 130 dealers and more than 100 auto service centers. The main products of OJSC KAMAZ are trucks with a GVW from 14 to 40 tons, diesel and gas engines. KAMAZ vehicles are operated in over 80 countries of the CIS, Europe, Asia, Africa and Latin America.

Marcopolo S.A. is a Brazilian bus concern founded in 1949. To date, it has four enterprises in Brazil, as well as assembly plants in Mexico, Argentina, Colombia, South Africa and Portugal, and employs over 14 thousand people. The company is a manufacturer of buses of all classes designed primarily for the markets of South America, Asia and Africa. Its program includes 25 basic models – general-purpose vans, medium- and large-capacity touring coaches, multi-seat intercity vehicles.

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