SOK Group

[4] SOK managed to gain control of RosLada, an automotive plant that had been established in 1998 on the grounds of the former Luch Design Bureau in Syzran,[5] and used it to produce old AvtoVAZ models.

[6] In 1999 the ownership of the Izhmash-Avto plant in Izhevsk, which produced old AvtoVAZ models under the Izh brand, was transferred to the group.

[citation needed] In October 2005 SOK reportedly owned over 60% of AvtoVAZ shares, and ousted Vladimir Kadannikov, the company's chairman.

[11] In 2009 the group was forced to sell its automotive components holdings to AvtoVAZ, after SOK had disrupted the schedule of deliveries to the company.

[10] In 2010 the president of the group, wanted over allegations of fraudulent conveyance during the IzhAvto bankruptcy of 2009, escaped to the United Arab Emirates.

The RosLada factory in 2005