KamAZ CEO Kogogin cancelled the four-day work week at the plant starting November 10.
Russian truck manufacturer KAMAZ will discontinue its four-day workweek starting November 10. The decision was made by the company's CEO, Sergey Kogogin , as reported on the company's Telegram channel.
According to him, the corresponding decision was made following a meeting of the finance committee, which discussed issues of supplying production with orders and the work schedule for November.
The report states that KamAZ management expects to maintain a five-day work schedule in December, but the corresponding decision will be made at the end of the month.
KAMAZ introduced a shortened workweek on August 1 amid declining sales. In July, the truck segment lost almost 60 percent of its demand.
In September, the company even considered limiting the number of working days to three, but at the last minute the decision was reversed due to the emerging trend toward stabilization.
This week, at a meeting with Prime Minister Mikhail Mishustin, Kogogin announced that the automaker estimates the Russian heavy-duty truck market size at 50,000 vehicles by the end of the year, more than half the previous year's figure. At the same time, the company's CEO cited the company's ability to increase its share in the declining market as a positive development.
