Russia's car giant AvtoVAZ is considering the possibility of cutting back its staff, AvtoVAZ President and General Director Vitaly Vilchik reported. A source at the factory told RBC that the reduction in personnel would be one of the steps aimed at improving the efficiency of the company's work and cutting back expenditures. Vilchik stressed that the reduction would concern, first of all, the company's authorities, white-collars and auxiliary employees.
AvtoVAZ decided to stop some of its assembling lines from October 26 to November 9 due to low demand for VAZ cars. Some employees of the factories went on vacations. Due to the idle time, AvtoVAZ will produce about 743,000 cars in 2002 instead of the planned 770,000 cars.
In June, the Baltic States will hold BALTOPS and Saber Strike 2018 drills. A US Armored Brigade will be deployed in Europe for the purpose - no less than 4,000 soldiers
The import of liquefied natural gas from the United States will not grow, even if Germany exits the Nord Stream-2 project, German Minister of Economy and Energy Peter Altmeier said