Avtovaz PAO (AVAZ.MM)
16 Feb 2017
Fri, Feb 10 2017
MOSCOW, Feb 10 Avtovaz, Russia's largest carmaker, will offer investors 9.25 billion shares in a secondary share offering, Interfax news agency reported on Friday.
MOSCOW, Feb 10 Avtovaz, Russia's largest carmaker, will offer investors 9.25 billion roubles ($158.00 million) of shares in a secondary share offering, Interfax news agency reported on Friday.
MOSCOW, Feb 10 French carmaker Renault's struggling Russian venture Avtovaz reported on Friday a 39 percent reduction in losses last year after pushing through efficiency improvements and cost-cutting measures.
* FY 2016 revenue up 4.8 pct to 184.9 billion roubles ($3.14 billion)
MOSCOW, Feb 7 Sales of Lada cars in Russia rose by 4.9 percent year on year to 16,334 units in January, Russian car maker Avtovaz said on Tuesday.
Jan 6 Renault took part in the public offering for recapitalizing AvtoVAZ in December 2016. Statement says:
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.
* 9-Month net loss 34.0 billion roubles ($540.11 million)versus loss 15.8 billion roubles year ago
* 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)
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.