Russia's Avtovaz to consider cutting the working week due to high interest rates
ReutersJul 22, 2025 6:15 AM
MOSCOW, July 22 (Reuters) - Russian largest carmaker Avtovaz AVAZI_p.MM said on Tuesday it would consider cutting the working week to 4 days from 5 days in late September due to the high key interest rate, tighter car loan requirements and imports of foreign cars.
The decision to switch to a four-day working week will be made taking into account "an analysis of market trends and economic factors", Avtovaz said.
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