JSC AvtoVAZ announces the closing of a deal to acquire a stake in the authorized capital of LLC Nissan Manufacturing Rus, the company said.

It is specified that AvtoVAZ acquired a 99% stake in the authorized capital of Nissan Manufacturing Rus LLC at a price of €1.

On December 9, it became known that the former Nissan plant in St. Petersburg will resume production under the control of AvtoVAZ.