The state attempted to protect domestic car producers through applying customs duties upon car imports; yet, it only led to the boom in car assembling from sets of Russian origin. One of the largest enterprises specializing in assembling Russian vehicles is Kremenchug Automobile Assembling Plant (KrASZ). In 2005, the plant assembled 19,328 automobiles.
Table 2. Production of cars by Kremenchug Automobile Assembling Plant – results of 2005, by-class pattern
Assembling Russian vehicles remains the most important business for the plant, though the enterprise also entered into cooperation agreements with Chinese and Korean automobile producers.
Compared to 2004, KrASZ increased its output of automobiles by 3.4% in 2005. The company still has facilities to expand output (annual production capacities at the plant are estimated at 45 ths. vehicles), hence in the future cooperation with foreign partners can turn more intensive in order to raise the volumes of cars assembled.
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