Industry | Joint-stock company |
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Headquarters |
,
Chechnya, North Caucasus
|
Revenue | $41.9 million[1] (2017) |
$4,388[1] (2017) | |
$3,514[1] (2017) | |
Total assets | $5.63 million[1] (2017) |
Total equity | $7,644[1] (2017) |
Owner | Ministry of Property and Land Relations of the Chechen Republic[2] |
ChechenAvto (Chechen: ChechenAuto) (Russian: Чеченавто) is a Chechen automobile manufacturer based in Argun, Chechen Republic. Established as a machine-building plant in 1960, it acquired its current status in 2008. It was known as Pishchemash until 1991, and was part of the Malyshev Factory industrial group.[3]
The first vehicles came out of the plant in 2009, but it was closed the following year for modernization, with production resuming in 2011.[4] The yearly output was initially projected at 50,000 vehicles,[4] but only 6,700 cars were produced in 2016.[5] In 2014 it was reported that cars produced in the plant have a poor reputation for quality, which is said to be lower compared to AvtoVAZ cars manufactured elsewhere.[6]
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