KAMAZ explained a loss of 31 billion for six months by the hardware policy of the Central Bank and the crisis of the Russian truck market

The KamAZ finished the half -year with a great loss - 31 billion rubles, the company reports. This loss is all the more noticeable because last year over the same period, the truck manufacturer boasted a profit of 3.7 billion.

“The reduction in revenue was the result of the fall of the market of trucks by almost 60% and the monetary policy of the Central Bank of the Russian Federation,” Kamaz explains .

Earlier, KAMAZ has already complained about the crisis and reservoir of warehouses. On the one hand, customers could not take loans that have become expensive in service for the purchase of new equipment, on another importers of foreign equipment-mainly Chinese-brought it too much to the country, and because of the dumping of prices, KamAZ trucks became uncomfortable.

After that, Rosstandart banned the sale of popular Chinese trucks in Russia,timely discovering a number of technical flaws in them.

But KAMAZ from August 1 still transferred employees to a 4-day.