In PUBLIC JOINT-STOCK COMPANY "AUTOVAZ" estimated costs of transfer of productions Lada Vesta at Tolyatti

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Transfer of productions cars Lada Vesta from Izhevsk on the main platform of PUBLIC JOINT-STOCK COMPANY "AUTOVAZ" to Tolyatti will demand investments of 1 billion rubles. The president of PUBLIC JOINT-STOCK COMPANY "AUTOVAZ" Maksim Sokolov in interview to Russia-24 TV channel. Chapter of PUBLIC JOINT-STOCK COMPANY "AUTOVAZ" told that in companies expect to pay back quickly costs of transfer of productions. He noted that the project reaches profitability already by the end of 2023. Board of directors PUBLIC JOINT-STOCK COMPANY "AUTOVAZ" approved the decision on transfer of productions cars families Lada Vesta to Tolyatti in August, 2022. Earlier these cars gathered on plant of companies in Izhevsk...
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Maksim Sokolov
Last position: President (PJSC AvtoVAZ)
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PJSC AvtoVAZ
Main activity:Production of cars, equipment and vehicles
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