Company news
01.03.2010
GAZ Group completes debt restructuring
| On March 1, 2010 GAZ Group completed restructuring of its RUR 39.3 billion bank debt. The Company entered into 5-year loan agreements with banks, providing for a two-year grace period for repaying the principal and 6 months grace for interest payments. Sberbank of Russia acted as organizer of the syndicate of GAZ Group's creditor banks, while Raiffeisenbank became documentation agent. |
25.02.2010
| GAZelle-BUSINESS with prices starting at only 425 thousand rubles offers reduced cost of ownership, better quality and extended warranty! |
13.10.2009
| Autodiesel, a Yaroslavl company of GAZ Group, has signed a financing agreement with VEB under the project on new YaMZ-530 engines production setup. |
25.08.2009
GAZelle is declared the most successful vehicles of the year in Russia
| In the framework of the international automotive exhibition “Interauto” held in Moscow at the end of August, the Avtoperevozchik magazine declared the GAZelle light commercial vehicle the Most successful vehicle 2009. |
11.08.2009
Cooperation of GAZ Group and Gazprom
| Mr. Sergey Zanozin, The Chairman of the Management Board of GAZ Group Management Company LLC, and Mr. Alexander Kozlov, the Deputy Chairman of the Management Board of Gazprom OJSC, signed an agreement on cooperation in the sphere of bilateral relations development. The document is focused on conclusion of long-term supply contracts for GAZ Group vehicles for the need of Gazprom as well as their further maintenance. |
