Minsk has offered to Moscow to localize production of heavy mining BelAZ trucks in Russia. It was announced by deputy of Trade Minister Mr. Evtukhov.
“At the moment Belorussian colleagues have offered to produce BelAZ trucks in Russian Federation, to localize… I think, this project could be implemented – says Mr. Evtukhov on joint meeting of trade committees of two countries.
Note, that in Belarus since 9 August the protests have started. BelAZ workers also participated in meetings and strikes. Read The Article
PSR Analysis: BelAZ produces one of the world’s largest HHP mining trucks (up to 450 ton capacity), and Russia was one of its key markets until this year. However, now the import volumes to Russia have dropped significantly. Today, production of similar trucks in Russia is localized by Caterpillar. Similar projects also are developed by local OEMs (Tonar, KAMAZ). So, BelAZ is searching for ways to keep its market share. PSR
Maxim Sakov is Market Consultant, Russia, for Power Systems Research
