Sollers PJSC, formerly known as OJSC Severstal-Auto, is a Russian holding company controlling blocks of shares of Ulyanovsk Automobile Plant (UAZ), Zavolzhye Engine Factory (ZMZ) and Sollers - Naberezhnye Chelny. The enterprises of Severstal-Auto are well-known automobile brands and occupy stable positions in their market segments.
History
Since 2005, SeverstalAvto has been the owner of the ZMA car factory in Naberezhnye Chelny, Russia. The factory was previously owned in part by KamAZ and was one of the production bases for the Lada Oka minicar. SeverstalAvto is listed in RTS Index.
Production of the Oka was due to be phased out in 2006 after 17 years and replaced by a number of Fiat models such as the Albea and Doblò.
February 11, 2010 an agreement was signed to establish on the basis of the plant "Sollers-Naberezhnye Chelny" joint venture to develop and produce cars between "Sollers" and the Italian company Fiat. It was planned that in the event of the maximum load plant will produce up to 500 thousand cars of different classes in the year.