The AvtoVAZ car producer is going to make steps in order to increase its stock price up to $45-50, chairman of the company's board of directors Vladimir Kadannikov said at a press conference in Tolyatti.
According to him, in 2001 the price of an AvtoVAZ common stock grew by about 12.1 times and is now fluctuating within $35-39 per share. However, AvtoVAZ is still an underestimated company.
Kadannikov also reported that AvtoVAZ was planning to increase the capitalization of the company up to $1.5bn by the end of 2002. A week ago it reached the level of about $1bn.
French President Emmanuel Macron does not exclude sending NATO troops to Ukraine for security in Europe and for Russia's defeat in the conflict. There is currently no consensus on the need to send NATO troops to the country