GAZ Group (Russian: Группа ГАЗ) is a Russian automotive conglomerate headquartered in Nizhny Novgorod. It comprises 18 manufacturing facilities in eight regions of Russia, as well as sales and service organizations.
GAZ Group is the leading manufacturer of commercial vehicles in Russia. GAZ Group produces light commercial and medium-duty vehicles (GAZ), buses PAZ, KAvZ, LiAZ, cars, powertrain (YaMZ and UMZ) and automotive components. The market shares of the company: about 50% in the light commercial vehicles segment, 58% in the segment of medium-duty trucks, 42% in the all-wheel drive heavy-duty trucks segment and about 65% in the bus segment.
The main entity "GAZ Group" - OJSC "GAZ", refers to the Office "Management Company" GAZ Group. The "GAZ Group" is a holding company, consolidated around OAO GAZ, bringing together a number of industrial machinery sectors, which are mainly subsidiaries of OJSC GAZ. Management Company GAZ Group was created on September 28, 2006 and is 100% owned by OJSC "GAZ".
GAZ Group was founded in 2005 as a result of the restructuring of the production assets of Ruspromavto, which existed from 2001.
In August 2006, Gaz Group's military technology enterprises JSC Arzamas Machine-Building Plant, in Viksa, and JSC Barnaultransmash became the independent Military Industrial Company to ensure the separation of automotive business of Russian Machines into public (GAZ Group) and non-public (Military-Industrial Company) assets.
In the summer of 2006 "GAZ Group" acquired UK based manufacturer of light trucks LDV Holdings (Birmingham) for $40,670,000. In the spring of 2009 in connection with the marketing of the crisis caused by, including the global economic crisis, LDV Holdings came under bankruptcy and in early May 2009, GAZ Group agreed to sell the company Malaysian carmaker Weststar.
In 2008, "GAZ Group" has agreed to buy 50% of Italian VM Motori and localization of its engines. Closing of the transaction was to take place after the approval of the antitrust authorities. GAZ Group has also entered into an agreement with General Motors who controlled 50% of VM Motori on the basis of co-ownership of the Italian company. In mid-2009, the deal was canceled in the aftermath of the economic crisis.
Owners and managementEdit
The joint stock company is managed by the Board of Directors whose Chairman, Mr. Wolf, is the sole executive body is the Management Company GAZ Group.
Shareholders of OJSC "GAZ" are:
JSC Russian Machines - 61.05% of the ordinary shares;
The company's capitalization at the end of the I quarter of 2008 was $3.3 billion.
CompositionEdit
DivisionsEdit
GAZ Group is divided into five divisions (activities), the structure of each of which are production plants and sales organizations.[4]
GAZ Group Auto Components
Dies And Molds Plant
Kanashsky Auto-Aggregate Plant, bus chassis producers.
GAZ Group Commercial Vehicles
Gorky Automobile Plant (GAZ) - the main company of the Group, accounting for more than half of the turnover of the entire GAZ Group. Production in 2015: 68,857 vehicles.[5]
United Engineering Center, headquartered in Nizhny Novgorod, consisting of 16 units of engineering plants on 18 July 2007 with the goal of working together to update the lineup Gaz Group plants.
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GAZ Group Russian Gruppa GAZ is a Russian automotive conglomerate headquartered in Nizhny Novgorod It comprises 18 manufacturing facilities in eight regions of Russia as well as sales and service organizations GAZ GroupTraded asMCX GAZA MCX GAZAPIndustryAutomotiveFounded2005 18 years ago 2005 HeadquartersNizhny Novgorod RussiaProductsTrucks amp BusesRevenue 2 82 billion 1 2017 Operating income 85 million 1 2017 Net income 60 million 1 2017 Total assets 1 92 billion 1 2017 Total equity 60 3 million 1 2017 OwnersJSC Russian Machines 61 2 ParentRussian Machines CorporationWebsitehttps gazglobal com GAZ Group is the leading manufacturer of commercial vehicles in Russia GAZ Group produces light commercial and medium duty vehicles GAZ buses PAZ KAvZ LiAZ cars powertrain YaMZ and UMZ and automotive components The market shares of the company about 50 in the light commercial vehicles segment 58 in the segment of medium duty trucks 42 in the all wheel drive heavy duty trucks segment and about 65 in the bus segment The main entity GAZ Group OJSC GAZ refers to the Office Management Company GAZ Group The GAZ Group is a holding company consolidated around OAO GAZ bringing together a number of industrial machinery sectors which are mainly subsidiaries of OJSC GAZ Management Company GAZ Group was created on September 28 2006 and is 100 owned by OJSC GAZ Contents 1 History 2 Owners and management 3 Composition 3 1 Divisions 3 2 Companies 4 See also 5 References 6 External linksHistory Edit Gorky Automobile Plant Likinsky Bus Factory GAZelle NEXT Gorky Automobile Plant GAZelle NEXT Gorky Automobile PlantGAZ Group was founded in 2005 as a result of the restructuring of the production assets of Ruspromavto which existed from 2001 In August 2006 Gaz Group s military technology enterprises JSC Arzamas Machine Building Plant in Viksa and JSC Barnaultransmash became the independent Military Industrial Company to ensure the separation of automotive business of Russian Machines into public GAZ Group and non public Military Industrial Company assets In the summer of 2006 GAZ Group acquired UK based manufacturer of light trucks LDV Holdings Birmingham for 40 670 000 In the spring of 2009 in connection with the marketing of the crisis caused by including the global economic crisis LDV Holdings came under bankruptcy and in early May 2009 GAZ Group agreed to sell the company Malaysian carmaker Weststar In 2008 GAZ Group has agreed to buy 50 of Italian VM Motori and localization of its engines Closing of the transaction was to take place after the approval of the antitrust authorities GAZ Group has also entered into an agreement with General Motors who controlled 50 of VM Motori on the basis of co ownership of the Italian company In mid 2009 the deal was canceled in the aftermath of the economic crisis Owners and management EditThe joint stock company is managed by the Board of Directors whose Chairman Mr Wolf is the sole executive body is the Management Company GAZ Group Shareholders of OJSC GAZ are JSC Russian Machines 61 05 of the ordinary shares Minority shareholders 38 79 Government 0 16 3 The company s capitalization at the end of the I quarter of 2008 was 3 3 billion Composition EditDivisions Edit GAZ Group is divided into five divisions activities the structure of each of which are production plants and sales organizations 4 GAZ Group Auto Components Dies And Molds Plant Kanashsky Auto Aggregate Plant bus chassis producers GAZ Group Commercial Vehicles Gorky Automobile Plant GAZ the main company of the Group accounting for more than half of the turnover of the entire GAZ Group Production in 2015 68 857 vehicles 5 Saransk Dump Truck Plant Ulyanovsk Motor Plant Nizhny Novgorod Motors GAZ Group Powertrain Division Yaroslavl Motor Plant Yaroslavl Fuel Equipment Plant Yaroslavl Diesel Equipment Plant GAZ Group Bus Division Pavlovo Bus Factory production in 2015 5 872 vehicles 5 KAvZ production in 2015 318 vehicles 5 Likinsky Bus Plant production in 2015 890 vehicles 5 Golitsyn Bus PlantCompanies Edit Abakanvagonmash Berezka Bosal GAZ CHZ Turbo Gaz Fuel Supply Systems Maxus Rus Pit Arsenal Production Association Khtz Belgorod Remstroy Terex Rus Tver Excavator United Engineering Center headquartered in Nizhny Novgorod consisting of 16 units of engineering plants on 18 July 2007 with the goal of working together to update the lineup Gaz Group plants Zavolzhsky Plant Of Caterpillar TractorsSee also Edit Companies portalRussian Machines Automotive industry Automotive industry in Russia Automobile model numbering system in the Soviet Union and RussiaReferences Edit a b c d e Error Unable to display the reference properly See the documentation for details Annual Report 2016 PDF GAZ Group Retrieved 14 July 2017 Government 0 16 Archived from the original on 2016 03 04 Retrieved 2014 01 31 SPISOK AFFILIROVANNYH LIC PDF GAZ Group Retrieved 9 July 2017 a b c d World Vehicle Production OICA correspondents survey PDF OICA Retrieved 8 July 2017 External links EditInternational product website GAZ Corporate website GAZ Group permanent dead link Retrieved from https en wikipedia org w index php title GAZ Group amp oldid 1158893908, wikipedia, wiki, book, books, library,
