AvtoVAZ will place 3bn rubles ($98m) in bonds on MICEX in the fourth quarter of 2003, sources in the Russian automobile manufacturer told RBC. The bonds will mature in 4.5 years. It is planned to issue 3m bonds with a 1,000-ruble (about $32.8) par value.
AvtoVAZ issued 1bn rubles ($32.8m) in bonds on February 21, 2003. The bonds' maturity period was 360 days.
In 2003 the company assembled 702,966 automobiles. This year AvtoVAZ is planning to produce about 690,000 automobiles. The company's net income was 700.4m rubles ($22m) in 2002.
After the incident with the shootdown of the Ilyushin Il-20 reconnaissance aircraft over the Mediterranean Sea, Russia will supply an S-300 anti-aircraft missile system to Syria
Indeed, how dare they run US-independent policy? They should have followed the example of the European Union that turned independent states of the Old World into US-ditto entities