The shareholding structure of OJSC V.A.Degtyarev Plant changed on April 15, the company informed.
Sergey Khegaturov who previously had no equity stake in the plant acquired 6.46% of its authorized capital (1,287,816 common shares.
GlobalVoenTrading Ltd. reduced its equity position in the enterprise to 63.55% (111,106,510 shares) from 70% (122,394,326 shares).
OJSC V.A.Degtyarev Plant (ZiD, name reproduced from the website; tax number: 3305004083) is one of the largest enterprises of the defense industry producing more than 20 kinds of defense products and 10 kinds of motorcycle vehicles as well as technical and industrial goods and consumer goods. Also, it provides industrial and social services. The company's authorized capital is RUB 1,748,414,580 and is represented by 174,841,458 common shares at par value of 10 rubles.
According to the DataCapital information retrieval system, RAS net profit of V.A.Degtyarev Plant for 2013 increased by 42.57% to RUB 2.917 billion from RUB 2.046 billion in 2012. Revenue increased by 14.05% to RUB 13.748 billion from RUB 12.054 billion, sales profit by 24.35% to RUB 4.065 billion from RUB 3.269 billion, pre-tax profit by 40.5% to RUB 3.601 billion from RUB 2.563 billion.