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Automobile Production

/ Structure / Manufacturing / Automobile Production
Chairman of the Executive Board: Sergey Zanozin
Date founded: bought in 2001
Revenue: 4,541 million US dollars
Description of activities:
The GAZ Group is Russia's largest commercial vehicle manufacturer. Its main products are light commercial vehicles, heavy-duty trucks, buses, road construction machinery, engines and fuel equipment.
Site: www.gazgroup.ru

The Russian Machines automobile manufacturing assets include the production, sales and service units of the GAZ Group, Russia's biggest automotive holding.

The GAZ Group was established in 2005 following the restructuring of assets run by OJSC RusPromAvto, which had existed since 2001. The company is headquartered in Nizhny Novgorod.

The GAZ Group includes the flagship enterprise OJSC GAZ (Gorky Automobile Plant), 18 automobile factories in Russia, and sales and service organizations. The GAZ Group's factories are located in ten Russian regions.

 

The key enterprises are:

Gorky Automobile Plant (Nizhny Novgorod), Russia's largest producer of light commercial vehicles, goods vehicles and cars (Gazelle, Sobol, Valday, Sadko, Volga).

Pavlovo Bus Plant (Nizhny Novgorod region), manufacture PAZ buses and is the Russian market leader in small and medium size city-buses, commuter and long-distance transportation.

Likino Bus Plant (Likino-Dulevo, Moscow region) produces LiAZ city-buses, and is the biggest Russian producer of city buses.

Avtodiesel (Yaroslavl) is the largest producer of diesel engines and diesel-generating units (YaMZ trademark) in Russia.

Ural Automobile Plant (Miass, Chelyabinsk region) produces Ural heavy on- and off-road trucks.

Tver Excavator Factory (Tver) is the Russian leader in production of track and wheel-mounted excavators (TvEX).

 

In line with an agreement between GAZ Group and Renault Trucks Company, the production of heavy diesel engines was transferred from Lyon in France to one of Avtodiesel's sites in the city of Yaroslavl.

Projects are currently being carried out at the GAZ Group's Yaroslavl sites to produce the full range of diesel engines for commercial transport. The TERZ site at Avtodiesel is already producing the powerful YaMZ-650 Euro-4 standard diesel engine. Preparations are being made to produce the YaMZ-530 and the Dci 11.




News



06.07.2011

GAZ Group announces 2010 IFRS results

GAZ Group, the largest Russian manufacturer of commercial vehicles, has summed up 2010 results according to the International Financial Reporting Standards. The company finished the year with net profit raising the revenue by 47%, increased sales volumes in all segments and retained leadership of the Russian commercial vehicles market.

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14.06.2011

VOLKSWAGEN Group Rus and GAZ Group sign a long term agreement on contract manufacturing of 110.000 cars per year at GAZ plant

Nizhny Novgorod, 14 June, 2011 - Today VOLKSWAGEN Group Rus and GAZ Group, part of Oleg Deripaska's ‘Basic Element', have come to an agreement on contract manufacturing of Volkswagen and Škoda cars at GAZ plant in Nizhny Novgorod.

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30.05.2011

Russian Machines and Fritzmeier sign Memorandum of Understanding to create JV

Tver, Russia. 30 May 2011. - Russian Machines, the leading machine-building holding in Russia, and Fritzmeier, the largest manufacturer of cabins for construction equipment and agricultural machinery in the world, have signed a Memorandum of Understanding to create a JV in Russia specializing in production of cabins for construction and road-building equipment. The investments in the new production will be more than $50 million.

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