Industrial Development Fund, Russia supports AvtoVAZ for production of LADA cars

On June 6, the Industrial Development Fund signed three agreements to provide preferential loans totaling over RUB 7 billion to AvtoVAZ. The funds will be used to produce improved engines for LADA cars and components for the new LADA Aura.
AvtoVAZ will organize at its site in Togliatti the production of components an....

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