KAMAZ and Boschung sign an agreement to set up a joint venture

5 May 2011, Thursday
Tatarstan President Rustam Minnikhanov met with the management of the Boschung AG on May 5.

The meeting took place at the Tatarstan House of Government. Marcel Boschung, a member of the Board of Director of Boschung AG, Ildar Khalikov, the Tatarstan Prime Minister, Lenar Safin, Tatarstan Transport and Road Minister, Radik Gaizatullin, Tatarstan Finance Minister, Ilsur Metshin, the Mayor of Kazan, Sergei Kogogin, the KAMAZ Director General, and other officials attended the meeting.

At the meeting, Rustam Minnikhanov thanked the Boschung management for the visit organized for Tatarstan representatives and the opportunity to get acquainted with Boschung products. He was positive about joint plans of Boschung and KAMAZ to manufacture community vehicles and machines for Kazan and other Russian cities.

Marcel Boschung expressed his confidence that the cooperation with OAO KAMAZ would be fruitful and successful and thanked KAMAZ Director General Sergei Kogogin for his readiness to organize the production process in Tatarstan.

Two documents were singed during the meeting: the trilateral Agreement of Intent between the KAZAn Executive Committee, KAMAZ and Boschung; the Agreement to set up a joint venture between KAMAZ and Boshung.
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