Manufacturing

In 2011 GAZ Group achieved the highest results in the history of the company in terms of net profit, net profit margin, and revenue per employee.

In 2011 the revenue of the company increased by 37%, EBITDA – by 49%, and net profit – by 4 times.

Bo Andersson, President/CEO of GAZ Group: “In 2011 we fulfilled all tasks that we had aimed at strengthening the company’s competitiveness. We increased sales, considerably improved financial results, renewed the model range and started implementation of joint projects with international automakers”.