The Zavolzhsk Motor Factory (Nizhni Novgorod Region) is planning to increase its sales to China. A Rosbalt correspondent was informed of this at the company's press office. According to Sales Manager Alexander Lbov, a company delegation recently travelled to China where the Association of Chinese Engine Producers gave a positive assessment of the factory's 514 diesel engine and recommended all car-making enterprises in China to use these engines in Chinese cars. The demand for Zavolzhsk diesel engines on the Chinese market has been estimated at 70 thousand a year with a potential increase to 150 thousand engines a year.
Zavolzhsk Motor Factory is a part of Severstal group along with the Ulyanovsk Car Factory. The enterprise specialises in producing engines for the UAZ and GAZ car factories. In 2002 the factory produced over 250 thousand engines. Net profit came to USD 25.7 million, a figure 3.5 times higher than that of the previous year.
The Ukrainian army is pulling back its forces beyond Chasov Yar, where they regroup and retreat to bases in Kramatorsk