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MCX: GAZA, MCX: GAZAP | |
Industry | Automotive |
Founded | 2005 |
Headquarters | Nizhny Novgorod, Russia |
Products | Trucks & Buses |
Revenue | $2.82 billion[1] (2017) |
$85 million[1] (2017) | |
$60 million[1] (2017) | |
Total assets | $1.92 billion[1] (2017) |
Total equity | $60.3 million[1] (2017) |
Owners | JSC Russian Machines (61%)[2] |
Parent | Russian Machines Corporation |
Website | https://gazglobal.com/ |
GAZ Group (Russian: Группа ГАЗ) is a Russian automotive conglomerate headquartered in Nizhny Novgorod. It comprises 18 manufacturing facilities in eight regions of Russia, as well as sales and service organizations.
GAZ Group is the leading manufacturer of commercial vehicles in Russia. GAZ Group produces light commercial and medium-duty vehicles (GAZ), buses PAZ, KAvZ, LiAZ, cars, powertrain (YaMZ and UMZ) and automotive components. The market shares of the company: about 50% in the light commercial vehicles segment, 58% in the segment of medium-duty trucks, 42% in the all-wheel drive heavy-duty trucks segment and about 65% in the bus segment.
The main entity "GAZ Group" - OJSC "GAZ", refers to the Office "Management Company" GAZ Group. The "GAZ Group" is a holding company, consolidated around OAO GAZ, bringing together a number of industrial machinery sectors, which are mainly subsidiaries of OJSC GAZ. Management Company GAZ Group was created on September 28, 2006 and is 100% owned by OJSC "GAZ". In 2022, the company's revenue amounted to 4.6 billion rubles.[3]
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