Severstal to supply products for Minsk Automobile Plant

MINSK. Sept 30 (Interfax) - OJSC Minsk Automobile Plant (MAP), the managing company of the Belavtomaz holding (Belarus), and PJSC Severstal (Russia) signed a memorandum on strategic cooperation during the Innoprom. Belarus exhibition in Minsk, the press service of the Belarusian enterprise said on Tuesday.

"Among other things, the memorandum provides for the expanded use of high-strength steels from the POWERS line and other types of Severstal's metal products, which will enhance the reliability of MAP machinery even under conditions of its intensive operation," the press service said.

The companies will also combine engineering and technical resources for conducting research and development work.

"The cooperation agreement has allowed us to identify the most relevant aspects of joint work, which will enable us to achieve improved consumer characteristics and quality of MAP products," the press service quoted the deputy general director and technical director of the Minsk plant, Alexander Kravchenko, as saying.

Minsk Automobile Plant specializes in producing heavy-duty vehicles, as well as buses, trolleybuses and trailer equipment. MAP increased production 12% in 2024, manufacturing over 13,100 units of equipment (including almost 2,000 passenger units). Since 2021, MAP has been under international sanctions of the European Union and other countries.