Corporation News
28.04.2012
Basic Element Companies Expand Partnership with Norinco Corporation
The sides signed a framework agreement on strategic cooperation providing for the joint implementation of projects in the engineering, mining and metal sectors.
16.04.2012
Pavel Ovchinnikov is appointed as CEO of the Russian Machines' RCTM Company
Prior to his appointment, Mr. Ovchinnikov served as Commercial Director at UC RUSAL.
05.10.2011
The agreement provides for interaction between Nizhny Novgorod Region Government, Russian Machines and GAZ Group regarding a number of future investment projects in vehicle manufacture and automotive components production.
News from enterprises
15.11.2011
GAZ Group announces 1H 2011 IFRS results
The company finished the first half year with net profit raising the revenue by 39%, increased sales volumes in all segments and retained leadership in the Russian commercial vehicles market.
07.07.2011
GAZ Group announces 2010 IFRS results
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.
30.05.2011
Production is planned for GAZ Group's Tvex Excavator, Bryansk Arsenal, Chelyabinsk Construction and Road Machines, and Zavolzhsky Crawler Vehicle plants