Рейтинг@Mail.ru

The report in focus

"AUTOSTAT OMNIBUS-2020". Winter Car tires: preferences of car owners (fourth wave)

"AUTOSTAT OMNIBUS-2020". Winter Car tires: preferences of car owners (fourth wave)

Exit date 07.12.2020

Format PDF

Price 3500 eur.

The fourth autumn wave of the project is aimed at identifying consumer preferences in the ...

07 december more info

Analytics

Russian dealers of Ford began sales of updated Mondeo

Ford Mondeo sedan has received a technological upgrade aimed at the safety improving of the car and improving of the intelligent driver assistance systems. People can order updated Ford Mondeo at all official Ford dealers in Russia.

05 julymore info

Infographics

Dynamics of prices for cars in Russia

News

State-owned stake in UAZ is estimated at RUB 1 billion

UAZ.jpgRussian Auction House (RAD), which received the right to sell state-owned stakes in 36 companies at the beginning of 2013, held the presentation of the first six in London. The most expensive among them is the state-owned stake in UAZ (14.67% of the ordinary shares, or 13.2% of the share capital) - it is estimated at RUB 1 billion. In comparison, the net profit under RAS of UAZ in 2012 was RUB 985.6 million (a 2 times increase) with the revenue of RUB 27.9 billion (+5.7%). Proposed price was RUB 1.85 rubles per share, which was about 10% below the current market value (RUB 2.05), said the analyst of BKS, Igor Kraevski. On May 28th, all common shares of UAZ in the Moscow Stock Exchange cost RUB 7.7 billion at 18.00 MSK (preferred securities were not traded). UAZ is controlled by group Sollers (which owns 68% of the ordinary shares, or 66.2% of the share capital), wrote the newspaper “Vedomosti”.

RAD has the right for consolidated sales of the state-owned package and packages of other shareholders, if they are interested in it, said the CEO of RAD, Andrew Stepanenko. According to him, RAD is negotiating to sell with 17% of the share capital, which is owned by American shareholders of UAZ, together with the state package, if they agree then it will be offered a consolidated package of 30% of UAZ for potential buyers. Auction is planned to be held before the end of 2013, added Mr.Stepanenko. There is no data about U.S. shareholders in the report and in the list of affiliates of UAZ. In addition to Sollers and the Rosimuschestvo, the large stake is owned by Cyprus Lindsell Enterprise Limited (12,26% of ordinary shares, or 13.93% of the capital).

The CEO and the main owner of Sollers, Vadim Shvetsov (he leads also UAZ), said the last year that the company looks for UAZ the strategic partner to adjust the production of SUVs on the platform in the enterprise. Partner was not found, said the spokesman of Sollers.

Sollers has not considered the possibility of buying of the state-owned stake of UAZ, said the representative of Sollers. Assessment of the state-owned stake was not commented. According to Mr.Stepanenko, Sollers has not shown any interest in the asset. However, the executive director of the agency AUTOSTAT, Sergei Udalov, and Investment Director of SI Capital Partners, Ivan Bonchev, believe that UAZ Sollers will be the main pretender for this package. But Mr.Kraevski not rule out that the 30% stake, except Sollers, may be also interesting for manufacturers of automotive components, to exchange them for another asset, for example, a part of production capacity.

30.05.13 AUTOSTAT
Source: www.autostat.ru