Avtovaz OAO (AVAZ.MM)

AVAZ.MM on Moscow Interbank Currency Exchange

21 Oct 2016
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руб-0.10 (-1.02%)
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Wed, Oct 12 2016

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

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.

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