Rus News Journal

" Rosoboroneksport " will sell a block package " the Autovase " to the foreign companies

FGUP " Rosoboroneksport " intend to sell blocking share holding " the Autovase " to the western motor-car manufacturers, the head of the enterprise Sergey Chemezov has informed.

" We intend to sell blocking package to our strategic partners. They are meant as large automobile manufacturers. In Russia such, except " the Autovase " no. Remain only foreign - American, European. We are ready to the companies which we will choose, to sell this package " - Chemezov on Friday has declared to journalists.

Before Chemezov declared that " Rosoboroneksport " carries on negotiations W " Severstal " and " metalloinvestom " ABT sale of a non-blocking share holding by it " the Autovase ". As he said, " the Autovase " The partner which could provide concern with a high-quality steel is necessary, and negotiations on sale of actions of concern are connected with it.

He 2 declared that after will be changed " ring " the scheme of possession of actions " the Autovase " " Rosoboroneksport " will sell a part of actions of autoconcern in the market, thus having left itself not less than the block - a package.

In " Rosoborneksporte " estimate cost " the Autovase " in 4 billion dollars.

Open Society " Autovases " is the largest machine-building company of Russia. In 2006 " Autovases " has RCVed 2,512 billion roubles of net profit (on 79,4 % more than in 2005), the gain has made 152,445 billion roubles (growth on 15 %). Following the results of 2007 the company expects to RCV 165,7 billion roubles of a gain.