JSC KAMAZ is a Russian brand of trucks and engines manufacturer located in Naberezhnye Chelny, Tatarstan. It is famous for its cab over trucks. KAMAZ is a portmanteau which stands for a factory on the Kama River.
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. Around 70 potential sites to locate the facilities were investigated. Choice went in favor of Naberezhnye Chelny, then a small town on the Kama River.
On December 13, 1969, the 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 a vast territory measuring 57 square km.
KAMAZ was also instrumental in transforming the Kama River Area into a powerful industrial and scientific research hub and developing the infrastructure for the suburban agricultural zone.
The main shareholders of Kamaz are the state corporation Rostec (49.9%), Avtoinvest Limited (23.54%), a Cyprus-registered company, and Daimler (15%). At the same time, a 4% stake in the company is publicly traded on the Moscow Exchange.
Today, heavy duty models are exported to many areas of the world including the Commonwealth of Independent States (CIS), Latin America, the Middle East, and Africa. KAMAZ is the largest truck producer in Russia and the CIS with its factory producing 43,000 trucks a year (2014). According to Statista, Kamaz is the best-selling truck in Russia, accounting for over 30 percent of the total truck car registrations in every year under consideration.
According to Statista and en.wikipedia