print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all KamAZ press releases

KamAZ

September 25, 2003

Apartments for KAMAZ Employees

KAMAZ employees will get about 100 apartments in a new five-storage house under the construction number 59/17.

It is the first construction object, financed by the State Housing Fund under President of Republic of Tatarstan. It is erected for families of KAMAZ employees, who are waiting for the improvement of their accommodation conditions, and for high qualified experts, as per petition of city administration and Trade Union’s Committee.

“Regulation on acquiring of accommodation by “KAMAZ” OJSC employees on the share holding conditions” is developed and affirmed. According to this regulation, if employee wishes to get accommodation, he/she signs share holding agreement with Capital Construction Board of Naberezhnye Chelny city. His/Her initial installment is half of the cost of acquired accommodation, if to take 9,5 thousand rubles for 1q.m. For the other half of the cost of accommodation is given a deferred payment for three years; in this case 1 q.m. costs 11 thousand rubles.

Due to rise in the cost of building, this year “KAMAZ Inc.” OJSC increased allocations for grants twice for its employees’ to acquire accommodation. Total sum of allocations will be 24,7 million rubles. They are amounted out of 1500 thousand rubles for each waiting year (1,000 rubles was being paid out in 2002). KAMAZ together with other organizations participates in construction of unfinished houses. 20,6 mln. rubles is foreseen for this purpose in business-plan of the company.

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer