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AvtoVAZ has no plans to cut jobs-Russian Technologies

ANKARA, Aug 6 (Reuters) - Russia's biggest carmaker, AvtoVAZ AVAZ.MM, has no plans to cut jobs, Sergei Chemezov, the head of Russian Technologies said on Thursday.

“If the market situation stabilises at current level there will be no job cuts,” Chemezov told reporters while on a visit to Turkey as part of a delegation headed by Prime Minister Vladimir Putin.

Russian Technologies owns a quarter of AvtoVAZ. (Reporting by Gleb Bryanski in Ankara, writing by Robin Paxton, editing by Guy Faulconbridge)

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