Russia’s largest truck maker KamAZ is to vehicle production in Lithuania for the European market, Prime Minister Andrius Kubilius said late on Tuesday.
“[KamAZ] plans to launch a plant in Lithuania to produce vehicles. [The plant] is likely to be designed to produce up to 2,000 vehicles per year. KamAZ considers the plant as the first EU-focused enterprise,” Kubilius told Lietuvos radijas radio station.
KamAZ declined to comment the information to Prime news agency.
The first production sites will be in Lithuanian capital of Vilnius and then may be transferred to the country’s northeastern city of Rokiskis, the prime minister added.
“We welcome such plans and such investment. We will be glad if the project is implemented,” Kubilius also said.
KamAZ is the world’s eleventh largest truck maker and the eighth largest producer of diesel engines. KamAZ has 96 plants that produce more than 30 models of trucks, as well as trailers, buses, tractors and spare parts. It also manufactures engines, power units, and components.