About the company Sollers Avto
Security pageSollers is a Russian manufacturer of commercial vehicles: light trucks, vans and minibuses. For many years the company operated through joint ventures with foreign automotive groups, and after they left it switched to producing vehicles under its own brands. The shares trade under the ticker SVAV.
What the company does
Commercial vehicles are bought to do a job: delivering goods, carrying work crews, serving municipal utilities. Demand is therefore tied to business activity and, as with all equipment bought by businesses, responds to the cycle earlier than the consumer market does.
The departure of the foreign partners stripped the company of both its models and part of its components in one stroke, but it also opened up a market niche: competitors left the same market. The response was localisation — moving production over to the company's own brands and looking for suppliers of assemblies inside the country and in friendly jurisdictions.
A separate pillar is service and spare parts for vehicles already sold: this income does not depend on sales of new vehicles and smooths out the cyclicality.
Business lines
Light commercial vehicles
Vans, minibuses and light-duty trucks.
Components
Production of engines and assemblies, including for the company's own assembly lines.
Service and spare parts
Maintenance of vehicles already sold — income outside the cycle of new sales.
History
- 2002An automotive manufacturing group was created on the basis of Russian plants.
- 2010-еOperation through joint ventures with foreign automotive groups.
- 2022Departure of the foreign partners; switch to producing vehicles under the company's own brands.
Business review
Strengths and weaknesses describe the business itself. Opportunities and threats describe what may happen around it.
Strengths
- The departure of foreign competitors opened up the niche in light commercial vehicles.
- In-house production of engines and assemblies reduces dependence on suppliers.
- Service and spare parts for vehicles already sold provide income outside the cycle of new sales.
- Renewal of the country's commercial vehicle fleet is overdue.
Weaknesses
- A substantial share of assemblies comes from partners rather than being produced in-house.
- The model range is narrow and rests on a handful of platforms.
- Localisation requires investment before it delivers an advantage.
- Assembly capacity is utilised unevenly, following demand.
Opportunities
- Joint production ventures make it possible to expand the model range quickly.
- Renewal of the country's truck fleet is coming in a wave after a long pause.
- Subsidised leasing programmes support sales of commercial vehicles.
- Demand for pickups and off-road vehicles for public services remains steady.
Threats
- Competitors from Asia are stepping up assembly inside Russia.
- Components for engines and electronics are purchased in foreign currency.
- Demand for commercial vehicles is the first to fall in an economic downturn.
- Localisation requires investment before it brings an advantage.
Frequently asked questions
What does Sollers do?
It manufactures light commercial vehicles — vans, minibuses and light-duty trucks — produces components and services the vehicles it has sold.
What changed after the foreign partners left?
The company lost the models and part of the components that had come from its partners, and switched to producing vehicles under its own brands while looking for suppliers inside the country. At the same time a niche opened up: those same competitors left the market.
Why do commercial vehicles react to a crisis earlier than passenger cars?
Because they are bought by businesses for a specific job. When orders shrink, fleet renewal is the first thing to be postponed — the old vehicle still runs, while a new one requires money now.
Issuer profile
What the company does
The company is classified under the «Industrials» sector, using the taxonomy we apply when comparing securities with one another.
The same sector holds 22 issuers on the platform, and their figures are computed by one method — so this company's revenue, profit and leverage can be compared with them directly.
The company is registered in Russia and identified in regulatory disclosure by tax number 3528079131. That number locates its statements in state registries regardless of how its name is spelled — and the spelling differs even between official documents.
Listed securities
The issuer has 1 security listed: 1 share class. All are shown on this page, including those trading in different modes and different currencies.
Across Moscow Exchange quotation list levels the securities split as follows: 1 at level 2. The level reflects how strict the disclosure, turnover and track-record requirements the issue meets are — not how attractive the investment is.
Dividend history
Between 2023 and 2025 the issuer made 3 payouts whose record date has already passed. A board recommendation or a forecast does not enter this history, because no money has been paid on them yet.
The most recent payout was 70.00 ₽ per SVAV security (2025) with a record date of 11 June 2025. That is the amount before tax: the broker withholds it on crediting, so less arrives in the account.
Financial statements
The most recent annual report we hold is for 2025 under IFRS. The standard is named for a reason: IFRS and RAS compute the same quantities by different rules, disagree by design and are never averaged.
Revenue for 2025 was 62.50B ₽.
That is 31.9 % less than in 2024, when revenue was 91.80B ₽. The comparison stays within one reporting standard — otherwise the decline could turn out to be a change of accounting rules and nothing more.
Net income for 2025 was 2.30B ₽.
Of every unit of revenue, 3.7 % remained as net income. This is the ratio of two figures already named above rather than a separate line from the report: comparing it across companies is meaningful only within one sector and one reporting standard.
Equity stands at 16.10B ₽ against total assets of 81.30B ₽. The difference between the two is the company's liabilities, and the larger it is relative to equity, the more the business depends on borrowed money.
Price as of 11 October 2026 · This section is assembled from our own data on the company's securities, dividends and financial statements. It is a description, not a recommendation.
Securities of this issuer
Shares1
- SVAVПАО "СОЛЛЕРС"375.00 ₽