NEFAZ PAO
MMOEX:NFAZ192.00
RUB
-2.00
(-1.03%)
ISIN
RU0009115604
Return %
Stock
S&P 500
1Y
-32.63
14.20
3Y
-68.88
81.12
5Y
-62.07
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Boris Ilyusevich Khaziev
- Full Time Employees
- 5,352
- Sector
- Consumer durables
- Industry
- Motor vehicles
- Address
- 3, Yanaulskaya Street Neftekamsk BA Russian Federation 452680
- IPO Date
- Apr 19, 2007
- Website
- nefaz.ru
- Similar Companies
- Business
- NEFAZ Publicly Traded Company operates in the automobile industry in Russia, specializing in the production of commercial and transportation vehicles. Its core product portfolio includes buses; tank trucks; flatbed trailers; crew buses; firefighting equipment; semi-trailers; tank semi-trailers; tank trailers; dump trucks; tipper semi-trailers; tipper trailers; tank-filling equipment; agricultural machinery; car chassis; and spare parts. NEFAZ serves primarily the Russian domestic market and operates from its headquarters in Neftekamsk, Russia. Founded in 1970, NEFAZ is a subsidiary of KAMAZ Publicly Traded Company. In recent developments, NEFAZ has focused on expanding its production capacity and product offerings, particularly in the area of electric and conventional passenger buses. For 2024, the company plans to increase its production to around 2,300 passenger vehicles, including both conventional and electric buses, reflecting a strategic push toward electrification and modernization. This expansion is supported by investments exceeding 6 billion rubles from parent company KAMAZ into NEFAZ's plant infrastructure in Bashkortostan. In 2023, NEFAZ achieved a 25% increase in sales of passenger vehicles, selling over 1,450 buses domestically. The ongoing introduction of new electric bus models such as the KAMAZ-6282 ONC, tailored for major Russian cities including St. Petersburg and Moscow, highlights NEFAZ’s growing emphasis on environmentally friendly transportation solutions. This product launch and production ramp-up signify a major operational shift toward sustainable mobility in line with market demands. NEFAZ’s business segments encompass the manufacturing of commercial vehicles and automotive components, supporting a diverse customer base that includes public transportation authorities, municipal services, agricultural companies, and logistics firms across Russia. Its operations and business growth are closely integrated with KAMAZ’s broader strategy to enhance its footprint in the regional automotive and electric vehicle markets. The company’s product lines are complemented by continuous innovation, incorporating partnerships and technology adaptations to maintain competitiveness in both traditional and electric vehicle segments. The company employs a workforce exceeding 5,000 employees and maintains its primary production facilities in Neftekamsk. This comprehensive product offering and recent strategic investments underscore NEFAZ's role as a significant player in the Russian automobile industry, focused on buses, specialty commercial vehicles, and transitioning toward electric and sustainable transport solutions. References: NEFAZ corporate profile, recent production and sales data, and strategic updates from KAMAZ group as reported through public disclosures and industry news sources.