RUSSIA: KAMAZ’S LOSS SOARED BY 11 TIMES

The largest Russian truck manufacturer, KAMAZ, recorded a sharp deterioration in financial indicators at the end of 2025. As reported by “Vedomosti”, the company’s net loss according to Russian Accounting Standards (RAS) increased by 11 times and reached 37 billion rubles. The loss from sales amounted to 22.9 billion rubles compared to a profit of 909 million rubles a year earlier, the gross profit decreased by almost 32 times – to 757 million rubles, and revenue fell by 2.5%, to 315 (The Moscow Times).