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MarketScreener Homepage  >  Equities  >  MOSCOW INTERBANK CURRENCY EXCHANGE  >  Gaz PAO    GAZA   RU0009034268

GAZ PAO

(GAZA)
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Gaz : Volkswagen CEO concerned Russia-U.S. sanctions row could hit partner GAZ

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04/13/2018 | 11:23am EST

FRANKFURT (Reuters) - Volkswagen (>> Volkswagen) is concerned that a row between the United States and Russia over new sanctions imposed by the United States could hit business with its Russian partner GAZ Group (>> Gaz PAO), Chief Executive Herbert Diess said on Friday.

FRANKFURT (Reuters) - Volkswagen is concerned that a row between the United States and Russia over new sanctions imposed by the United States could hit business with its Russian partner GAZ Group (>> Gaz PAO), Chief Executive Herbert Diess said on Friday.

"Possible sanctions are naturally a concern," Diess said on Friday. "We are watching the matter very closely. If it really comes to sanctions against GAZ Group, we will have to review our business relationships, but we would not call into question our commitment to the Russian market," he added.

GAZ Group is a manufacturer of light commercial vehicles and part-owned by Russian oligarch Oleg Deripaska, one of a number of businessmen who have been targeted by sanctions imposed by the United States last week to punish Moscow for alleged meddling in the 2016 U.S. election.

Russia's lower house of parliament is to consider draft legislation that would give the Kremlin powers to ban or restrict a list of U.S. imports, reacting to new U.S. sanctions on a group of Russian tycoons and officials.

(Reporting by Maria Sheahan; Writing by Edward Taylor. Editing by Jane Merriman)

Stocks mentioned in the article
ChangeLast1st jan.
GAZ PAO End-of-day quote.
VOLKSWAGEN AG 0.53% 177.52 Delayed Quote.0.73%
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Financials (USD)
Sales 2017 -
EBIT 2017 -
Net income 2017 -
Debt 2017 -
Yield 2017 -
P/E ratio 2017 -
P/E ratio 2018 -
Capi. / Sales2017 -
Capi. / Sales2018 -
Capitalization 132 M
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 1
Average target price 642,18  RUB
Last Close Price 432,00  RUB
Spread / Highest target 48,7%
Spread / Average Target 48,7%
Spread / Lowest Target 48,7%
EPS Revisions
Managers
NameTitle
Siegfried Wolf Chairman
Klaus Peter Paul Koob Independent Director
Valery Pavlinovich Shantsev Independent Director
Manfred Eibeck Director
Maxim Valeryevich Nagaytsev Independent Director
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