OREANDA-NEWS. According to the officials at AvtoKraz, a Kremenchuk-based truck producer, in 2008 the company is to increase its output by 20% to 5,000 trucks. In 2007, the company is expected to produce 4,200 vehicles, and increase of its output by 20% y/y. From 2009, the company plans to launch truck assembly in India, Iran and Cuba.

The company's key market, which consumes about 50% of AvtoKraz's total output, is currently Russia and the diversification of the market due to launching an assembly in India, Iran and Cuba will have a positive affect on the company performance from the point of view of Millennium Capital's experts.