United Automotive Technologies

United Automotive Technologies LLC
Native name
ООО Объединенные автомобильные технологии
Company typeSubsidiary
IndustryAutomotive
Founded2008; 16 years ago (2008)
Headquarters,
Russia
Key people
Firdaus Kabirov (CEO)
ProductsAuto parts
RevenueDecrease 3,974.81 million [1] (2020)
Decrease ₽1.44 million[1] (2020)
Decrease ₽1.15 million[1] (2020)
Total assetsIncrease ₽3,474.73 million[1] (2020)
Total equityIncrease ₽190.10 million[1] (2020)
ParentKAMAZ
Websitetd-oat.ru

United Automotive Technologies (Russian: Объединенные Автомобильные Технологии, romanizedOb"yedinennyye Avtomobil'nyye Tekhnologii) also known by its Russian-language initialism OAT, is a Russia-based automotive industry holding owned by KAMAZ.

History

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United Automotive Technologies was established in 2008 by Rostec to consolidate the supply of domestic auto parts. By 2012, it took control of AvtoVAZ assets formerly belonging to the SOK Group. In 2015, AvtoVAZ tried to purchase United Automotive Technologies, but the deal fell through.[2] In February 2018,[3] Rostec sold United Automotive Technologies to KAMAZ (49%) and its subsidiary Remdiesel (51%). The Remdiesel stake was later transferred to Spetsavtokam.[2]

In June 2019, the United Automotive Technologies group liquidated PKH Autocomponents, a debt-ridden, money-losing subsidiary holding that controlled group's assets in Dimitrovgrad and the Penza Oblast. The group took direct control of said assets.[3]

In November 2021, AvtoVAZ said it again planned to acquire a stake in United Automotive Technologies. If the acquisition is completed, the holding will become a joint venture owned by KAMAZ (45%), AvtoVAZ (40%) and Spetsavtokam (15%).[2][4]

Operations

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SAAZ Komplekt head offices

United Automotive Technologies is a holding of companies that manufacture and sell auto parts for Russian vehicle manufacturers, including AvtoVAZ (over 90% of its sales), KAMAZ, GAZ, and UAZ.[2][4]

As of December 2021, the companies controlled by United Automotive Technologies were: DAAZ LLC (radiators, fuel systems, cooling systems; stamp-welded assemblies; aluminum casting; production of tooling equipment and tools), DZPM LLC (powder metallurgy) and Avtosvet LLC (lighting equipment) in Dimitrovgrad; RosAvtoPlast LLC (plastic granulate), JSC Motor-Super (filters, plastic parts), JSC VIS and  EVR LLC (both suspension and brake system) in Tolyatti; Saaz Komplekt LLC (struts, shock absorbers) in the Ryazan Oblast; PJSC OSVAR (lighting engineering) in the Vladimir Oblast; JSC SMZ (stamp-welded parts) and OAT Cargo LLC (transport) in the Penza Oblast.[4][5]

References

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  1. ^ a b c d e "ООО "Объединенные автомобильные технологии": бухгалтерская отчетность и финансовый анализ" [United Automotive Technologies LLC: accounting reports and financial analysis] (in Russian). United Automotive Technologies. Retrieved 4 February 2022 – via Audit-It.
  2. ^ a b c d Nikitina, Olga (1 November 2021). "АвтоВАЗ возвращается к компонентам" [AvtoVAZ returns to parts]. Kommersant (in Russian). Retrieved 31 January 2022.
  3. ^ a b "АвтоВАЗ возвращается к компонентам" [OAT launched the process of liquidation of PKH Autocomponents]. Volga News (in Russian). 4 June 2019. Retrieved 6 February 2022.
  4. ^ a b c Chuprov, Alexander (10 November 2021). "АВТОВАЗ получит 40% поставщика автокомп онентов «ОАТ»" [AvtoVAZ will get 40% of the automotive parts supplier OAT]. Autostat (in Russian). Retrieved 31 January 2022.
  5. ^ "Фирдаус Кабиров возглавил Группу ОАТ" [Firdaus Kabirov to head the OAT Group]. Dvizhok (in Russian). 29 December 2021. Retrieved 5 February 2022.