AvtoVAZ affirmed the working schedule by year end, the company informed

01.09.2010 (12:45)

In Sep. 62.3ths cars; Oct. - 59.5ths; Nov. - 56.1ths; Dec. - 63.4ths should be made.

AvtoVAZ is one of the leading car makers in the Eastern Europe. In 2007 it produced 735.897ths cars; sales being up 6.2% to reach 663.5ths; exports rose 7.9% to 106.9ths. The 11-month output increased 10.3% to 742.8ths.

The share capital is worth 9.25bn rub. split in 1388289720 common and 461764300 preferred stocks of 5 rub. par. Rostekhnologii, Renault Concern and Troika Dialog IC have 25%+1 stock each.

The capacities of the Plant permit to make 800ths car/y. In 2009 294737 cars were produced including 34756 Lada models for exports. The annual plan is assumed to come to 446ths cars.

Now 15 models of Lada are produced.

The 2009-revenues (RAS) declined 47% to 84.183bn rub. against 160.238bn rub. prior year; net loses gained 38.468bn rub. vs. 6.684bn rub. in 2008.

The IH revenues (RAS) increased 46.1% to 58.762bn rub.; net losses coming to 612mln rub. against 14.103bn rub. prior year.

www.akm.ru 

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