Avtovaz PAO (AVAZ.MM)

AVAZ.MM on Moscow Interbank Currency Exchange

18 Jan 2017
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Fri, Jan 6 2017

BRIEF-Renault now holds over 50 pct of Alliance Rostec Auto BV

Jan 6 Renault took part in the public offering for recapitalizing AvtoVAZ in December 2016. Statement says:

Renaissance Capital buys into carmaker Avtovaz, helping Renault

MOSCOW/PARIS Russia's Renaissance Capital has acquired a 24.1 percent stake in Russian carmaker Avtovaz in a capital increase that also sees Renault tighten its control over the loss-making manufacturer, according to a regulatory filing on Friday.

BRIEF-Avtovaz 9-month net loss widens to RUB 34.0 billion

* 9-Month net loss 34.0 billion roubles ($540.11 million)versus loss 15.8 billion roubles year ago

BRIEF-Avtovaz approves additional issue of 3.28 billion shares

* Extraordinary general meeting of shareholders approves additional issue of 3.28 billion shares to be offered in open subscription Source text: http://bit.ly/2dIldgw Further company coverage: (Gdynia Newsroom)

Russia's Avtovaz says to announce recap decision on Thursday

MOSCOW, Oct 11 Beleaguered Russian carmaker Avtovaz will announce the results of a shareholder vote on its proposed 85 billion rouble (1.2 billion euro) recapitalisation plan after a board meeting on Thursday, a company spokesman told Reuters.

Renault's Lada bailout raises bet on Russia

MOSCOW/PARIS, Oct 10 Renault is poised to raise its bet on Russia, voting with other shareholders in troubled Avtovaz to launch an 85 billion rouble (1.2 billion euro) recapitalisation in which the French carmaker may be the sole cash contributor.

Russia's Avtovaz plans 85 bln rouble recapitalisation

MOSCOW, Sept 5 Russia's biggest carmaker Avtovaz announced on Monday an 85 billion rouble ($1.31 billion) recapitalisation plan as part of efforts to meet weighing financial commitments.

BRIEF-Avtovaz H1 operational loss before impairment RUB 8.6 billion

* H1 revenue 87.1 billion roubles ($1.31 billion), down 5 percent versus year ago driven by the on-going market drop

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