Sollers PAO (SVAV.MM)
27 Feb 2017
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.
* Sollers sees 2016 EBITDA margin in range of 8-10 percent - Interfax cites first deputy director general Nikolay Sobolev Further company coverage: (Gdynia Newsroom)
* 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
* 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
* H1 net profit at 34 million roubles ($0.52 million) (H1 2015: 938 million roubles);