BELARUS NEWS AND ANALYSIS

DATE:

13/12/2010

KamAZ May Buy Stake in Belarus Truckmaker MAZ, Kommersant Says

By Ilya Khrennikov

OAO KamAZ, Russia's largest truckmaker, which is part-owned by Daimler AG, may acquire a stake in Belarussian truckmaker MAZ, Kommersant reported, citing MAZ Chief Executive Officer Alexander Borovsky.

The controlling stake maybe acquired by Russian Technologies Corp., which controls KamAZ, Sergei Kogoghin, chief executive officer of the Russian automaker, told Kommersant.

To contact the reporters on this story: Ilya Khrennikov in Moscow at ikhrennikov@bloomberg.net.

To contact the editor responsible for this story: Amanda Jordan at ajordan11@bloomberg.net.

Source:

http://www.bloomberg.com/news/2010-12-13/kamaz-may-buy-stake-in-belarus-truckmaker-maz-kommersant-says.html




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