Source Pravda.Ru

UAZ Car Factory Made Net Profit in 2002 for First Time in Years

UAZ car factory produced 69,599 cars in 2002, a decrease of 2.1% year-on-year. As the company press office told a Rosbalt correspondent, 33,648 off-road cars, 6,186 commercial buses, 18,898 buses and 10,748 specialized vehicles were produced in 2002.

None the less, the press office pointed out that the company recorded a net profit in 2002 for the first time in several years, although the exact amount of profit is not yet certain. In 2002 the company's sales proceeds totaled USD 265.5 million, an increase of 7.6% year-on-year. 8,900 cars were exported, an increase of 48.3% year-on-year. In 2003 the company is planning to increase the number of exported vehicles to 14,500.

Ulyanovsk Car Factory was founded in 1941 and is currently producing 14 different models of off-road and four-wheel drive minibuses. The company is owned by Severstal-Auto (Severstal-Group holding).

© &to=http://www.rosbaltnews.com/' target=_blank>RosBalt

Comments
Turkey and USA take their relationship to breaking point
Russia starts Star Wars first. USA concerned and puzzled
Russia to build major naval base on the coast of Caspian Sea
US sanctions to kill Russian banks and sovereign debt?
US sanctions to kill Russian banks and sovereign debt?
The end of the theory of a Nobel Prize in chemistry?
US sanctions to kill Russian banks and sovereign debt?
Russia starts Star Wars first. USA concerned and puzzled
Russia starts Star Wars first. USA concerned and puzzled
US sanctions to kill Russian banks and sovereign debt?
Turkey and USA take their relationship to breaking point
Iran shows new ICBM that can evade radars
USA and Turkey: The elephant kicks the barking pug aside
Venezuela: Once again, interference from the USA in Latin America
Venezuelan President Maduro: USA fatally obsessed with Russia
Russian government prepares to get rid of US dollar in economy
Russia's long-range Bastion system follows USS Carney in Black Sea waters
Russian government prepares to get rid of US dollar in economy
Russian government prepares to get rid of US dollar in economy
Russian government prepares to get rid of US dollar in economy
Turkey desperately tries to rescue its national currency as it falls to all-time lows