GAZ Group
GAZ Group (Russian: Группа ГАЗ) is a Russian automotive conglomerate headquartered in Nizhny Novgorod. It comprises 18 manufacturing facilities in eight regions of Russia, as well as sales and service organizations.
Traded as | MCX: GAZA, MCX: GAZAP |
|---|---|
| Industry | Automotive |
| Founded | 2005 |
| Headquarters | Nizhny Novgorod, Russia |
| Products | Trucks & Buses |
| Revenue | $2.82 billion (2017) |
| $85 million (2017) | |
Net income | $60 million (2017) |
| Total assets | $1.92 billion (2017) |
| Total equity | $60.3 million (2017) |
| Owners | JSC Russian Machines (61%) |
| Parent | Russian Machines Corporation |
| Website | https://gazglobal.com/ |
GAZ Group is the leading manufacturer of commercial vehicles in Russia. GAZ Group produces light commercial and medium-duty vehicles (GAZ), buses PAZ, KAvZ, LiAZ, cars, powertrain (YaMZ and UMZ) and automotive components. The market shares of the company: about 50% in the light commercial vehicles segment, 58% in the segment of medium-duty trucks, 42% in the all-wheel drive heavy-duty trucks segment and about 65% in the bus segment.
The main entity "GAZ Group" - OJSC "GAZ", refers to the Office "Management Company" GAZ Group. The "GAZ Group" is a holding company, consolidated around OAO GAZ, bringing together a number of industrial machinery sectors, which are mainly subsidiaries of OJSC GAZ. Management Company GAZ Group was created on September 28, 2006 and is 100% owned by OJSC "GAZ". In 2022, the company's revenue amounted to 4.6 billion rubles.