Myasnikovich: Decision on MAZ-KamAZ merger expected in December
The decision about how the joint truck-making venture between MAZ and KamAZ will be made in December.
The holding has good chances, PM Myasnikovich thinks. “It is possible to create a joint company,” interfax.by quotes him.
However, the two producers of trucks compete in the internal market for the Customs Union and every company expects to sell more cars, the Belarusian PM noted.
This tug-of-war may bring negative results, the Prime Minister admitted: “We may let other producers win the market.”
It is necessary to either unite the companies for real or stop thinking about it altogether, Russian PM Dmitri Medvedev noted.
Photo: mirtransporta.ru
