Federal Industry Agency Director Boris Aleshin, on the photo, will be a new president of Russia’s automobile giant AvtoVAZ.
Photo: Grigoriy Sobchenko
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Aleshin’s Appointment to AvtoVAZ Disrupts Hopes of Foreign Strategists
Federal Industry Agency Director Boris Aleshin will be a new president of Russia’s automobile giant AvtoVAZ. Aleshin will succeed Vladimir Artyakov, who was appointed governor of the Samara region in August. This upheaval is likely to impede negotiations with strategic investors from overseas, as Aleshin’s idea is to consolidate carmakers of Russia.
According to the sources, President Vladimir Putin personally offered the office of AvtoVAZ chief to Boris Aleshin on Tuesday. Aleshin confirmed he will be appointed AvtoVAZ president in the near term.
In Rosoboronexport that owns AvtoVAZ, they declined to comment yesterday and recommended to “wait for the official announcement.” But Rosoboronexport General Director Sergey Chemezov has evidently backed up Aleshin, who is one of his team.
Aleshin became a BOD member at AvtoVAZ after Rosoboronexport grabbed the carmaker in 2005 and advanced to the deputy chairman of BOD once the latter was taken by Chemezov.
Today’s acting president of AvtoVAZ is Alexander Pronin. Amid other things, Pronin represents AvtoVAZ in strategic partnership negotiations with Renault and FIAT. Not long ago, Pronin vowed that AvtoVAZ would probably make an agreement with a strategist already in November. But these plans will hardly materialize after Aleshin’s appointment.
“AvtoVAZ will have the strategist no sooner than in mid.-2008,” Aleshin said yesterday, specifying that it could be a company of Russia. Although Aleshin pointed out that the talks with Renault and FIAT are going on, the idea of this top-ranked bureaucrat is to consolidate carmakers of the country.
www.kommersant.com
All the Article in Russian as of Sep. 06, 2007
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