The ownership structure of the Russian brand Aurus has been updated. «Sollers» sold its 0.5% stake in ООО «Aurus» to the firm «Hit Motors Rus». Despite the name, the company belongs to a Kazakhstani enterprise, High End Assembly Technologies Motors. The amount of the deal is unknown.
«Hit Motors Rus» was registered in Moscow in July 2022. 1% of it belongs to the general director of the «Moskvich» plant, Hans Peter Moser, and 99% to High End Assembly Technologies Motors.
As a reminder, 63.5% of Aurus is owned by FSUE NAMI, and 36% is held by the Arab investment fund Tawazun.
What is the firm «Hit Motors Rus» known for?
At the end of 2023, it owned 51% of ООО «Trucks Vostok Rus». This firm produced «Kompas» trucks. In addition, according to data at the end of 2022, «Hit Motors Rus» owned 50% of ООО «Volga Industrial Engines».