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Russia: GAZ said to be profitable in Jan-Sep 2010

News agency sources have reported that GAZ achieved a profit during the first nine months of 2010 amounting to Rubles 1.7bn (US$58m), exceeding its own forecasts. The company is also reported to have generated revenue of Rubles 64bn in the same period. Bo Andersson, president and chief executive officer of the Subscribe to Automotive World … Continued

News agency sources have reported that GAZ achieved a profit during the first nine months of 2010 amounting to Rubles 1.7bn (US$58m), exceeding its own forecasts. The company is also reported to have generated revenue of Rubles 64bn in the same period.

Bo Andersson, president and chief executive officer of the

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