2004 became the year of further expansion of the product range of the "Lutsk Automobile Plant" OJSC - starting in August, Lutsk automakers will produce "Niva" off-road vehicles. \n The expansion of production became possible thanks to an agreement with the Russian company "AvtoVAZ". The first vehicle kits from Russia will arrive at LuAZ at the end of July, and already in August the assembly of Volyn "Nivas" will begin. In total, by the end of 2004, it is planned to manufacture 1,500 units of this model. \n According to estimates by specialists (LuAZ representatives), there is significant demand for "Nivas" in Ukraine, and the market capacity for automobiles of this class is 3.5-4 thousand units per year. Already now, about 500 orders for these automobiles have been received by dealers and distributors of the Lutsk Automobile Plant in Ukraine. Given such popularity of "Nivas" in Ukraine, already next year Volyn automobile manufacturers plan to assemble no fewer than 2,000 VAZs of this model. \n The popularity of "Nivas" in Ukraine is explained by such characteristics of this automobile as reliability, high off-road capability, adaptability to Ukrainian roads, as well as the quite acceptable price of this off-road vehicle. According to estimates by LuAZ representatives, the price of a "Niva" produced in Lutsk will be about 7,000 dollars. \n
LuAZ begins assembly of VAZ-21213 'Niva' cars

Economy · 01:36 06.10.2010 Food prices have gone crazy. Who is to blame?It is obvious that it was in September that producers and traders decided to shift all their problems onto the consumer, who had returned from vacations and gone to work, schools and kindergartens. Now traders are watching how the buyer will react to the new prices. | |
Economy · 14:09 03.03.2010 No indicator of the 2009 budget was fulfilledThe 2009 state budget was not implemented as a law, since none of its planned indicators were fulfilled. \n \nThis was stated by the head of the Accounting Chamber, Valentyn Symonenko, reports the "Ukrinform" agency. | |
Economy · 12:29 04.02.2010 Cabinet again "painted" implementation of the budgetNotably, Naftogaz ignored the request. A suspicion arises that it was precisely the "gas" money together with the artificial understatement of the plan that helped the Cabinet of Ministers meet the January budget for revenues. Consequently, the government continues to live beyond its means. | |
Economy · 05:49 15.09.2009 Is Khoroshkovsky buying MTV Ukraine?The Antimonopoly Committee of Ukraine allowed UA Inter Media Group Limited to acquire the Cypriot company Flaner Ventures Limited. \n \nThis is stated in the announcement of the AMCU, published on September 11. |