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Belarus and Russia will unite in Rosbelavto
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Belarus and Russia will unite in Rosbelavto
Belarus and Russia until the end of the year plan to prepare draft documents to establish autoholding. The main participants from the Russian side are the "Russian technologies" and KAMAZ - on the Belarusian industry Ministry and MAZ. Creating autoholding between MAZ and KAMAZ does not mean that any of the parties to sell their shares. Joint production will be built on the basis of the transfer to the General rosbelavto holding of shares in KAMAZ and MAZ, and plants belonging to their infrastructure. The Belarusian authorities hope that both sides will be able to negotiate and to establish a competitive enterprise. Previously KAMAZ and MAZ was planning to join this year, but the Belarusian side has decided to slow down.
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