Tag "Rostec"

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Government Industry OEMs

Rostec and NAMI Presented Ansat Aurus

Rostec.- Rostec’s Russian Helicopters Holding presented Ansat Aurus: the Ansat helicopter with a highly comfortable cabin in Aurus brand style for the first time at the MAKS 2019 International aviation

Industry OEMs Passenger cars

Rostec may sell 8% of its shares in Avtovaz to Renault

  RusAutoNewsCom.- According to Sergey Chemezov, the head of the state corporation Rostec, the company intends to sell 8% of its shares in “Alliance Rostec Auto BV” to the joint

OEMs Passenger cars

The net profit of Avtovaz has amounted to 5.9 billion rubles in 2018

Finmarket.- The net profit of Avtovaz has amounted to 5.9 billion rubles in 2018, according to IFRS, in contrast with the loss of 9.7 billion rubles in 2017, as indicated

Industry Suppliers

Rostec and Pirelli keep upgrading the Kirov Tyre Plant

  Rostec.- The governor of the Kirov oblast has met the representatives of Pirelli Tyre Russia and Rostec State Corporation. The parties have discussed the possibilities for the future development

Industry Suppliers

Rostec and Pirelli Tyre Russia will invest €100 million in the expansion

  RusAutoNewsCom. – The state company Rostec and Pirelli Tyre Russia have signed a memorandum, proposing expansion plans to the production capacity of the tyre factory in Voronezh. The production

Industry OEMs Passenger cars

Alliance Rostec Auto has acquired more than 96% of Avtovaz

  Vedomosti. – Alliance Rostec Auto BV, the joint venture of Rostec and Renault-Nissan, has announced that the share of the company in the capital of Avtovaz has risen to 96.6%

Government Industry

FAS has given permission to the JV of Rostec and Renault-Nissan for the purchase of more than 75% of AVTOVAZ

RNS – The Russian Federal Antimonopoly Service (FAS) has approved the application made by Alliance Rostec Auto (joint venture of Rostec and Renault-Nissan Alliance) for the purchase of more than 75%

Industry Suppliers

KAMAZ shares in TMZ Tutaev Engine Factory will increase to 70%

RNS – KAMAZ shares in TMZ Tutaev Engine Factory will increase to 70%, according to RNS. Russian Machines will consolidate 90% shares of AutoDiesel Engine Plant (YaMZ) in Yaroslavl, following the exit

OEMs

Rostec plans to get the direct ownership of AVTOVAZ with Renault-Nissan

Prime – Rostec plans to liquidate Alliance Rostec Auto B.V and get the direct ownership of AVTOVAZ with Renault-Nissan in the proportion of 25/75 within the next 12-18 months, as told

Suppliers

Russo-Japanese partnership Ural Wiring Systems has commenced operations in Yekaterinburg

RusAutoNews.Com – Ural Wiring Systems factory, established as a Russian-Japanese joint venture in Yekaterinburg, has commenced operations today, following an official opening ceremony. Automobile cables will be manufactured at the factory,