Geography of manufacturing greatly expands
By Olga Belyavskaya
“The construction of the plant is being finished and a contract for the supply of vehicles has been signed,” notes MAZ’s Deputy Technical Director, Victor Lakotko. “The conveyor line and equipment for vehicle assembly are being currently installed so that, by late 2011 or early 2012, the assembly workshop for MAZ machinery in Venezuela will be operational.”
Oleg Yushko, MAZ’s Deputy Financial Director, notes that the creation and development of assembly lines abroad is one of MAZ’s major tasks.
European countries and the Baltic States are a priority, alongside Iran, Venezuela, Vietnam and Egypt. These are our key locations, on which we’re relying,” asserts Mr. Yushko.
The enterprise supplies over 50 countries worldwide, with Russia, Ukraine, Azerbaijan and Kazakhstan among the major markets. MAZ has seven assembly plants successfully operating — in Latvia, Lithuania, Serbia, Azerbaijan, Egypt, Vietnam and Iran (the latter opened earlier this year).