The Auction House of the Russian Federation realizes federal share package in Ulyanovsky Avtomobilny Zavod at auction
On the 13th of September, the Auction House of the Russian Federation (AHR) realized at auction 13.2% of shares (546 454 807 ordinary registered shares) in Ulyanovsky Avtomobilny Zavod
Sale price - 850 306 800 rubles
Winner of auction - SOLLERS
Ulyanovsky Avtomobilny Zavod
UAZ is a closed-cycle factory. The entire production process is carried out at the factory and affiliated structures of the company on the territory of the Russian Federation.
At present, the automobile factory is one of the largest Russian enterprises in the automobile building sphere.
Last year, the company sold 70,517 cars (9.7% more than in 2011). The production line includes off-road vehicles, pick-up trucks, cargo trucks and minibuses.
Around 80% of production is consumed by the domestic market, with the rest being exported (to CIS countries, Italy, Japan, the Czech Republic, North Korea, Egypt, Vietnam etc.)
Since 2009, the company turnover has been steadily growing. In 2012 it came to 28 billion rubles, and pure profit reached 986 million.
The Auction House of the Russian Federation
By decree of the Government of the Russian Federation of 31 January 2013 № 101-r, the Auction House of the Russian Federation was given the authority as the seller of federal property for 36 share packages of state enterprises. All of the objects are included on the Forecast Plan (program) for privatization of federal property for 2011-2013.
At present, share packages have been realized for five major state enterprises: the Lenmetrogiprotrans Scientific-Research Planning and Surveying Institute, Radiotekhbank, Kolyma Shipping Company, the Siberian Scientific Research and Planning Institute of Non-Ferrous Metallurgy and Sevenergostroi Trust.