Lada Saint Petersburg

Lada Saint Petersburg LLC
Native name
 ООО Лада Санкт-Петербург
FormerlyNissan Manufacturing Rus LLC
Company typeSubsidiary
IndustryAutomotive
Founded 20 June 2006        
Headquarters
Saint Petersburg
,
Russia
ProductsCars
RevenueDecrease ₽36,707.07 million[1] (2022)
Decrease ₽-6,771.19 million[1] (2022)
Decrease ₽-6,015.65 million[1] (2022)
Total assetsDecrease ₽31,667.64 million[1] (2022)
Total equityIncrease ₽23,265.29 million[1] (2022)
Owners
ParentAvtoVAZ
             

Lada Saint Petersburg is a Russian car manufacturing company owned by AvtoVAZ and headquartered in Saint Petersburg. The company was established in 2006 as a Nissan subsidiary focused on crossover assembly with the name Nissan Manufacturing Rus and started production in 2009. In 2022, it was acquired by NAMI which sold it to AvtoVAZ. The company adopted its present name in June 2023.

History

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In 2006, Nissan began building an assembly facility with capacity to produce up to 50,000 vehicles per year at the village of Pargolovo in Saint Petersburg,[2] incorporating it as Nissan Manufacturing Rus LLC (Russian: ООО "Ниcсан Мэнуфэкчуринг Рус") in June 2006.[3] The facility became operational in June 2009[4] and it produced various crossovers as the X-Trail, Murano and Qashqai.[2] By 2014, it was expanded to produce up to 100,000 vehicles per year.[4]

In March 2022, following a lack of components as a result of sanctions derived from the Russian invasion of Ukraine, Nissan Manufacturing Rus halted operations.[2] In November 2022, the state enterprise NAMI acquired Nissan Manufacturing Rus (including its assembly plant,[5] a research and development facility, and the Moscow marketing and sales offices)[6] for a "symbolic price" with a six-year buyback option for Nissan. In February 2023, NAMI sold 99% of the company in turn to its AvtoVAZ subsidiary for €1. AvtoVAZ announced plans to use the Nissan Manufacturing Rus plant to assemble C and D-segment vehicle kits from other manufacturers, under the Lada and XCITE badging.[5] In June 2023, the company was officially re-registered as Lada Saint Petersburg LLC. That same month, Lada Saint Petersburg announced its first model, the Lada X-Cross 5 crossover, a badge engineered Bestune T77 from FAW.[7]

References

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  1. ^ a b c d e "ООО "Ниcсан Мэнуфэкчуринг РУС": бухгалтерская отчетность и финансовый анализ" [Nissan Manufacturing Rus: accounting reports and financial analysis] (in Russian). Nissan Manufacturing Rus. Retrieved 26 January 2022 – via Audit-It.
  2. ^ a b c Grishkov, Artem (11 October 2022). "Петербургский завод Nissan ждет нового производственного партнера" [Petersburg's Nissan plant is waiting for a new production partner]. Vedomosti St. Petersburg (in Russian). Retrieved 9 June 2023.
  3. ^ "ООО НИССАН МЭНУФЭКЧУРИНГ РУС" [Nissan Manufacturing Rus LLC]. Spark (Interfax). Retrieved 9 June 2023.
  4. ^ a b Stepanov, Alexey (12 October 2014). "Заводы России. Репортаж с церемонии запуска производства нового Nissan X-Trail" [Russian plants. Report from the launch ceremony of the new Nissan X-Trail]. Drom (in Russian). Retrieved 9 June 2023.
  5. ^ a b Erozbek, Daria (7 February 2023). "АвтоВАЗ выкупил завод Nissan в Санкт-Петербурге за €1" [AvtoVAZ acquired the Nissan plant in Saint Petersburg for €1]. Kommersant (in Russian). Retrieved 9 June 2023.
  6. ^ "Nissan agrees sale of Russian assets". Just-auto. 12 October 2022. Retrieved 9 June 2023.
  7. ^ Bakharev, Ivan (7 June 2023). "Бывший автозавод Nissan в Санкт-Петербурге получил название «Лада Санкт-Петербург»" [The former Nissan car plant in Saint Petersburg was renamed Lada Saint Petersburg]. Autonews Daily (in Russian). Retrieved 9 June 2023.
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