State-controlled conglomerate Russian Technologies could sell a 4% stake in AvtoVAZ to Nissan after a share placement by the Russian car firm, Interfax reported, citing the conglomerate’s CEO.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

“We could sell part of it,” Russian Technologies CEO Sergei Chemezov said, according to the news agency.

“Four percent would have no impact (on our business),” he said, adding that this would leave the conglomerate with a 25% stake.

He added that a sale could only take place after the first stage of an additional share placement by Avtovaz.

The executive also confirmed that Russia’s Troika Dialog investment bank is in talks with the Renault Nissan alliance on the sale of part of the bank’s Avtovaz stake.

Renault earlier denied it was involved in such talks, Reuters noted.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact