AvtoVAZ, Russia’s largest carmaker, could approve a concept for restructuring the company early next month according to Igor Zavyalov, deputy CEO of industrial conglomerate Rostekhnologii and chairman of the restructuring committee.

The committee met Tuesday to consider the restructuring concept presented by AvtoVAZ president Igor Komarov. According to Zavyalov, the management plans to agree on a final version of the strategy with the company’s shareholders in early February.

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

Rostekhnologii, Renault, and Russian investment company Troika Dialog each hold 25% plus one share in AvtoVAZ.

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