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Sollers PAO (SVAV.MM)

SVAV.MM on Moscow Interbank Currency Exchange

590.00RUB
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Sollers February sales of new cars and LCV in Russia 3,522 vehicles, up 0.7 pct
Thursday, 9 Mar 2017 05:44am EST 

Association of European Businesses:Sollers February sales of new cars and LCV in Russia 3,522 vehicles versus 3,498 vehicles in February 2016.  Full Article

Sollers January sales of new cars and LCV in Russia down 16.7 pct
Wednesday, 8 Feb 2017 04:46am EST 

Association of European Businesses:Sollers January sales of new cars and light commercial vehicles (LCV) in Russia 1,735 vehicles versus 2,083 vehicles in January 2016.  Full Article

Sollers December sales of new cars and LCV in Russia 5,911 vehicles, down 8.1 pct YOY
Thursday, 12 Jan 2017 05:19am EST 

Association of European Businesses: Sollers December sales of new cars and light commercial vehicles (LCV) in Russia 5,911 vehicles versus 6,433 vehicles in December 2015 .Sollers 2016 sales of new cars and LCV in Russia 49,989 vehicles versus 53,782 vehicles in 2015.  Full Article

Sollers November sales of new cars and LCV in Russia of 4,647 vehicles, down 3.9% YR/YR - AEB
Thursday, 8 Dec 2016 05:30am EST 

Association of European Businesses (AEB):Sollers November sales of new cars and light commercial vehicles (LCV) in Russia 4,647 vehicles versus 4,836 vehicles in November 2015.  Full Article

JV Mazda Sollers to build engine plant on Far East
Friday, 2 Sep 2016 06:34am EDT 

Sollers : Says Mazda Sollers Manufacturing Rus, joint venture of Sollers and Japanese Mazda, signed with Ministry of Industry and Trade a special investment contract for construction of engine plant with capacity of 50 thousand engines per year . According to contract, Mazda Sollers Manufacturing Rus to invest 2 billion roubles ($30.41 million) and to master production of Mazda SkyActiv-G and upgraded models of Mazda 6 and Mazda CX-5 .Contract is valid till Dec. 31, 2023.  Full Article

Sollers plans resume assembly of Ssang Yong in Russia by end of year - TASS
Thursday, 1 Sep 2016 06:25am EDT 

: Sollers plans to resume assembly of Ssang Yong cars in Russia and start sales by the end of the year - TASS cites company head Vadim Shvetsov as saying . Within three months Sollers hopes to start sales of Tivoli, a new model launched by Ssang Yong in 2015 - TASS cites Shvetsov Further company coverage: [SVAV.MM] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Russia's Sollers says H1 net profit plummets to 34 mln rbls
Monday, 29 Aug 2016 01:05pm EDT 

Sollers PAO says: H1 net profit at 34 million roubles ($0.52 million) (H1 2015: 938 million roubles); . H1 profit attributable to company owners at 40 million roubles (H1 2015: 940 million roubles); . H1 revenue at 13.4 billion roubles (H1 2015: 15.7 billion roubles) ($1 = 65.0510 roubles) Further company coverage: [SVAV.MM] (Reporting by Moscow Newsroom) ((maria.kiselyova@thomsonreuters.com)).  Full Article

Sollers July sales of new cars and LCV in Russia down 42 pct YoY
Monday, 8 Aug 2016 07:40am EDT 

Association of European Businesses (AEB):Sollers July sales of new cars and light commercial vehicles (LCV) in Russia 3,309 vehicles versus 5,710 vehicles in July 2015.  Full Article

Sollers June sales up 9 pct, Gaz June sales slightly down yoy
Friday, 8 Jul 2016 03:23am EDT 

Association of European Businesses: Sollers June sales of new cars and LCV in Russia 4,800 vehicles versus 4,383 vehicles in June 2015 .Gaz June sales of light commercial vehicles (LCV) in Russia 6,103 vehicles versus 6,115 vehicles in June 2015.  Full Article

Sollers unit signs memorandum of cooperation with Bank VTB
Friday, 17 Jun 2016 05:08am EDT 

Bank VTB : Said on Thursday signed memorandum of strategic cooperation with UAZ automobile manufacturer, part of Sollers group during the Saint-Petersburg International Economic Forum . Under the memorandum, the companies agreed, in particular, to discuss 6 billion rouble ($91.68 million) financing UAZ’s operations in 2016–2017 .The funds will be used for the development of the UAZ product line through the modernisation and technological development of the existing production facilities to improve the vehicles’ efficiency, reliability and safety.  Full Article

More From Around the Web

Russia's 2017 car market may grow by 1-2 pct - Sollers

SOCHI, Russia, Sept 30 Russia's domestic car market will grow by 1 to 2 percent next year if government subsidies for the sector stay at the 2016 level, Vadim Shvetsov, head of Russian car maker Sollers, told Reuters on Friday.