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The government will allocate 1 billion rubles for the repayment of debt "IzhAvto"
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The government will allocate 1 billion rubles for the repayment of debt "IzhAvto"
The Russian government is planning next year to make 1 billion rubles in GK "Rostechnologii" (one of the shareholders of AVTOVAZ) for the partial repurchase obligations "IzhAvto" to banks, according to the draft budget of the Russian Federation for 2012, published on the website of the Ministry of Finance of the Russian Federation. Total debt of the company is 13,506 billion, wrote "Finmarket". Creditors of the company are: Sberbank - 8,253 billion rubles Bank "AK bars"- 1.893 billion rubles, the Bank "URALSIB" - 1.041 billion rubles AVTOVAZ plans to buy "IzhAvto" Sberbank in two stages: first, acquiring a 51% stake in the company, then another 49%. Recall, September 12, the winner of the auction for the sale of production assets of JSC "IzhAvto" became United automotive group (a subsidiary of Sberbank). The amount of the transaction amounted to 1.8 billion rubles.
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