TVER, Russia & WESTPORT, Conn.--(BUSINESS WIRE)--GAZ Group, part of Oleg Deripaska’s Basic Element, and Terex Corporation (NYSE:TEX) today announced they have entered into an agreement to form a joint ...

Given the magnitude of current events gripping the country and the world, many otherwise noteworthy governmental actions are passing largely unnoticed. One such under-the-radar action occurred on July ...

The U.S. Treasury Department on Monday issued two general licenses for Russia's GAZ Group, allowing the wind-down of certain transactions involving the U.S.-sanctioned van maker as Washington prepares ...

GAZ Group – part of Russian Machines and Basic Element – says it made the right decision to axe its own passenger car production and concentrate on commercial vehicle manufacture and contract building ...

The United States should have put into effect sanctions against Russia’s second biggest car manufacturer, Gorkovsky Avtomobilny Zavod, also known as GAZ Group, on July 4. The Office of Foreign Assets ...

A member of the GAZ automobile group, the Gorky Automobile Plant, has filed a lawsuit against Volkswagen in Russia. The plant is looking to recover 28.4 billion roubles ($347.7 million USD at current ...