For the Record

AvtoVaz Exports Ladas to Western Europe

AvtoVaz has sent its first export shipment of 20 Lada Granta cars to the Czech Republic and Germany, marking the start of a strategy that will see Ladas sold in France, Serbia, Bulgaria and the Baltic countries, Lenta.ru reported, citing the company. (MT)

Ukraine's Defense Group Posts Increased Profits

Ukraine's state defense holding UkrOboronProm, which unites 125 domestic defense enterprises, saw its first half 2013 profits soar 520 percent to 410 million hryvna ($51.2 million) after a 97.6 million hryvna loss a year earlier, UkrOboronProm CEO Sergiy Gromov said on Wednesday. (RIA Novosti)