OREANDA-NEWS. April 30, 2010. The investment program of AvtoVAZ is appraised to demand 183.5bn rub by 2020, the company informed. 127.5bn rub will be spent out of own funds and 13.5bn rub should be provided by Renault in the form of the equipment; the credits covering 42.2bn rub.

In 2011 the investments will demand 21.5bn rub even without the Renault-released funds.

Thus, the Company requires two large credits and some loans. The coverage is assumed to be provided in 2016-2018. From 2016 the positive cash-flow is expected.

In 2020 the AvtoVAZ is assumed to cover 25% of the market.