In IH AvtoVAZ increased the exports to Ukraine by 20% to reach 35.7ths against prior year, the company informed.

Over the period 84.9ths cars were sold to cover 23% of the Ukrainian market.

By year end 110ths cars and components should be delivered, all in all.

Now Lada models are made at the Cherkassy-based palnt, Zaporozhsky Automotible Plant and Kremenchugsky Auto Assembling Plant. The largest partner in Ukraine is UKRPROMINVEST.

AvtoVAZ is the largest automobile producer in Russia. It covers 70% of the Russsian car market and has 42% of the sale market under control. In 2006 724th cars were produced. By 2012 the output is assumed to be raised to 1-1.2mln car/y.

The share capital is worth 16.06bn rub. split in 27194624 common and 4930340 preferred stocks of 500 rub. par. The 2006-net profit (RAS) gained 2.512mln rub. or 79.4% higher prior year (1.4bn rub.); revenues coming to 152.45bn rub. from 132.53bn rub.; revenues from exports reached 22.04bn rub..

"AK&M", 22.10.2007 11:02