AVTOVAZ plans to draw 2 billion euro of investments in 4 years

In the nearest 4 years AVTOVAZ plans to attract investments in the amounts of about 2 billion euro. Last week Boris Aleshin, the president of AVTOVAZ, told the journalists about this fact at the meeting. According to his words the plant has already had top priorities for using this money. �First of all we have to realize two license agreements with Renault company. There is acquisition of documents for new cars R90, F90 and engine production�, Boris Aleshin thinks. Besides this AVTOVAZ has other challenges of modernization and renewal of Lada�s model line planned till 2012.