Avtovaz OAO (AVAZ.MM)

AVAZ.MM on Moscow Interbank Currency Exchange

30 Sep 2016
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руб-0.06 (-0.56%)
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Mon, Sep 5 2016

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

New CEO of Russia's Avtovaz rules out profits before 2018

MOSCOW, June 14 Renault-Nissan's Russian unit Avtovaz will not return to profit until at least 2018, recently appointed CEO Nicolas Maure has told business daily Vedomosti.

Renault's Ghosn cedes Avtovaz chairmanship to Rostec exec

PARIS, April 18 Renault-Nissan said on Monday it will give up the chairmanship of Avtovaz, a further sign that its hold on the maker of Lada cars has been weakened by recent tensions over restructuring at a time of collapsing Russian demand for vehicles.

BRIEF-Renault-Nissan says Serguey Skvortsov to be Avtovaz chairman

* Says Serguey Skvortsov is expected to become Chairman of the Board of AVTOVAZ

BRIEF-Avtovaz Lada sales down 18.8% in March - sources

* Avtovaz has lowered Lada sales in Russia by 18.8 pct to 22,267 in March, two sources familiar with the statistics told Reuters

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