KAMAZ "grew" after Putin's statement about the plan to update urban transport.
KAMAZ shares soared after Russian President Vladimir Putin offered to support the company by updating regional transport. At its peak, the company's quotes rose by 16.64% compared to Sunday, to 70.1 rubles. for paper Compared to Friday's close, the increase was 20%.
Earlier, the head of Tatarstan Rustam Minikhnov told the head of state Vladimir Putin that the situation with KAMAZ is improving, there is a small setback, but now the company is functioning normally.
The President of Russia said that a plan is needed to update regional and urban transportation; It will support mechanical engineering.
"We also need to make a plan to update regional and city vehicles," Putin said. "We will support mechanical engineering. ".
A number of fairly extensive support programs already exist, but according to rough estimates, the demand for transportation from the country amounts to several thousand units, while the production capacity of KAMAZ involves the production of about 40-50 thousand units of equipment.
Therefore, as can be assumed, the increase in support will not completely solve the auto giant's problems related to the decrease in demand for equipment due to high interest rates and Chinese imports, but it will indeed be a positive factor for the company. And for cities and regions, transportation renewal is naturally necessary and will be positively received by the residents.
The official portal of the city of Orenburg.