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Industry OEMs Passenger cars

RENAULT sells its stake in Avtovaz and the Moscow plant to the Russian Government

  RusAutoNews.- As announced by the Russian Ministry of Industry and Trade, Avtovaz transferred its share of Renault to state ownership. Renault assets were received by the NAMI, the Moscow

Commercial vehicles OEMs Suppliers

ROSTEC will build a new engine for KAMAZ

  RusAutoNews.- A new six-cylinder engine with an output of 400 to 500 hp for Russian truck manufacturers will be built in Russia, said Sergey Chemezov, head of the state

Industry Suppliers

Pirelli suspends further investment in Russia

  RusAutoNews.- According to the company’s website, Pirelli has suspended the further investments in Russia. “Investments halted in Russia, excluding those linked to security. The activities of the factories will

OEMs

AVTOVAZ has transferred the company from Dutch to the Russian jurisdiction

  Interfax.- The transfer of the Avtovaz joint venture from Dutch to Russian jurisdiction has been completed. The relevant statement has been made by the press office of Rostec to

OEMs Passenger cars

The net loss of Avtovaz amounted to €196 million in 2020

  Prime.- Avtovaz has made a net loss of €196 million in 2020 according to IFRS, in contrast with the €72 million profit generated the year before, in accordance with

Government Industry OEMs

ROSTEC plans to write off 10 billion rubles debt of AVTOVAZ

  TASS.- Rostec plans to let Avtovaz off of a debt in the amount of 10 billion rubles, as told by the head of the state enterprise Sergei Chemezov to

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