The head of KamAZ, Sergey Kogogin, criticized Itelma (NPP Itelma LLC) — the largest Russian electronics manufacturer. The top manager noted that since 2021, car prices have increased by 40%, while electronics units have quadrupled in price. He believes that Itelma is parasitizing on the problems of the automotive industry.
Kogogin explained that the situation with automotive electronics is a pain point for automakers. He drew attention to the fact that the head of Itelma, Alexey Vorobyov, talks about how the prices of auto components have increased. At the same time, the cost of electronics produced by companies belonging to NPP Itelma LLC for domestic auto giants KamAZ and AvtoVAZ has quadrupled since 2021, Kogogin noted.
Here, the head of AvtoVAZ, Maxim Yuryevich Sokolov, and I just exchanged information. The car has risen in price by 40%. This is the company [Itelma] that is receiving super-profits today and parasitizing on problems.
It should be noted that Itelma is a supplier of ABS and ESC systems for LADA cars. The company produces electronic engine control units, multimedia systems, body electronics and much more.
Read more on the topic:
Production of domestic ESP systems has begun in Kostroma at a plant that is part of Itelma
Itelma intends to invest up to two 2 billion rubles in the production of boards for electronics