OREANDA-NEWS. "There is possibility of stable component business in Russia," - AVTOVAZ president Bo Inge Andersson believes. Speaking at the June meeting of the Committee of the Russian Engineering Union, he mentioned 5 successful foreign and 5 successful Russian companies that AVTOVAZ sees as prospective successful component suppliers. Andersson mentioned Pirelli, Federal Mogul, Faurecia, Magna, Automotive Lighting among foreign and  Severstal and MMK, Togliatti plant of technological equipment, Saturno, Ulyanovskelektrotrans, Detalstroykonstruktsia among Russian enterprises. 

According to AVTOVAZ president, the key factors for the success of these companies are customer focus, willingness of the management to transform the company to comply with world standards, diversified stock of orders, high level of localization, healthy and stable financial situation.