PRESS: Rostec CEO says AvtoVAZ plans to make profit in 2023

MOSCOW, Oct 24 (PRIME) -- Russian carmaker AvtoVAZ plans to make a profit in 2023, the company will not have one in 2022, Rostec’s CEO Sergei Chemezov told business daily Vedomosti in an interview on Monday.

“This year we can't expect to make a profit, you see the situation. But there are positive trends, Sokolov (President of AvtoVAZ) promised already in 2023 to get a profit,” he said.

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