OREANDA-NEWS. June 05, 2015. AVTOVAZ will invest 30 billion roubles in the preproduction and launch of the Lada Vesta and the X-Ray in 2015, Bo Andersson, president of the company said.

"The largest part of the investments comes from VEB, some part is financed from our own funds," - the acting financial director of the company Stepan Maurer said. According to him, the total investment in AVTOVAZ model lineup in 2014 amounted to 20 billion roubles. In December 2012 VEB Supervisory Board approved 60 billion rouble loan for AVTOVAZ, Prime agency reports.

The launch of the Lada Vesta production at AVTOVAZ facilities in Izhevsk is scheduled for 25 September 2015, the X-Ray will be put into production in the middle of December this year.