Russia's Avtovaz delays stock float to 2009 -report

Newswire

MOSCOW, May 28 (Reuters) - Russia's largest car maker Avtovaz , in which France's Renault has a quarter of the shares, has delayed plans to float more stock until 2009, a Russian media agency reported on Wednesday. "We will not manage to do it by the autumn, it will probably be in 2009, I hope in the first half," Interfax news agency quoted the head of state corporation Russian Technologies Sergei Chemezov as saying. Russian Technologies, Renault and Troika Dialog brokerage each have a ...

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