SeverstalAvto

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OAO SeverstalAvto

Type	Public (RTS:SVAV)
Founded	2000
Headquarters	Moscow, Russian Federation
Key people	Vadim Shvetsov, General Director
Industry	Automotive
Products	Controlling Share: UAZ ZMZ ZMA Licenced Assembly: SsangYong Rexton Isuzu N-series Lada Oka
Revenue	US$938 million (2005)
Website	Official OAO SeverstalAvto Website

OAO Severstal-Auto is a Russian company holding controlling blocks of shares of OAO Ulyanovsk Automobile Works (UAZ), OAO Zavolzhye Motor Works (ZMZ) and OAO ZMA. The enterprises of Severstal-Auto are well-known automobile brands and occupy stable positions in their market segments.

[edit] History

Since 2005, SeverstalAvto has been the owner of the ZMA (Russian: ЗМА, Завод малолитражных автомобилей) car factory in Naberezhnye Chelny, Russia. The factory was previously owned in part by KamAZ and was one of the production bases for the Lada Oka minicar. SeverstalAvto is listed in RTS Index.

Production of the Oka is due to be phased out in 2006 after 17 years and replaced by a number of Fiat models such as the Palio and Albea . In addition to the products of the Italian firm, SeverstalAvto is producing the SsangYong Rexton, a SUV model that the firm intends to also produce at the firm's UAZ plant.

On July 11, 2006 within the scope of the agreement earlier sighed with a Japanese company Isuzu, one of the world leaders producing commercial vehicles, SeverstalAvto started assembling ISUZU NQR71P trucks with the capacity of 5 t at the production site of UAZ (see "official history" page)". NQR71P is a representative of the world-known family of ISUZU N-series trucks.

SeverstalAvto is part of Sverstal Group.