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UAZ increased exports.

Ulyanovsky Automobile Plant (UAZ) reached record highs in the exports in 2013, the company informed.

10.421ths cars (37% in rise) were exported to 20 countries. The growth was prompted by the rise in exports (25%) to foreign states and CIS (17% in growth).

In 2014 the modernization of the production site will be prolonged at the back of the introduction of advanced technologies.

UAZ (TIN 7300000029) was formed in 1941. Now it is included into Sollers. UAZ covers 15% of the off-road market. From 2003 end UAZ Hunter is under production.

The share capital is equal to 4.143bn rub. split in 3725819763 common and 416837248 preferred stocks of 1 rub. par. The state property agency keeps 13.19% (14.67% common stocks); Sollers - 66.07% (67.77%).

The IQ 2013 (RAS) net losses reached 39.362mln rub. vs. 70.812mln rub. in profit prior year; revenues declined 2.99% to 5.804bn rub. from 5.983bn rub.; profit from sales being up 50.35% to 187.965mln rub. from 125.002mln rub.; pretax losses coming to 35.91mln rub. vs. 88.666mln rub. in profit.

"AK&M", 15.01.2014


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