The sole owner of “Lada Auto Holding” was the Federal State Unitary Enterprise “Research Automobile and Automotive Institute” (“NAMI”). Rostec State Corporation withdrew from the shareholders of Avto-VAZ, RB.RU reported with reference to the Unified State Register of Legal Entities.
Until the end of 2021, the Russian automaker was controlled by the Dutch joint venture Alliance Rotec Auto BV, in which Rostec and the French Renault Corporation hold shares. After the joint venture was transferred to the jurisdiction of Russia, the shares of the owners – 32.3% and 67.7% – remained the same. In the spring of 2022, Renault’s stake was transferred to NAMI, a subordinate of the Ministry of Industry and Trade.
Source: Ferra
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