In January-June 2013, revenue decreased by 6.8% to 4.75 billion rubles ($144 million) year –on- year (in the 1st half of 2013 - 5.1 billion rubles ($154 million).
Operating loss for the first six months of 2013 amounted to 104,35 rubles ($3 million), while in January-June 2013, operating profit amounted to 165 million rubles ($5 million).
Export supplies amounted to 58.7% of sales volume of Volga. Most of the export sales fell on the European countries, Asia and Africa. According to the company's management, currency fluctuation may have a negative impact on financial results. In addition, Volga’s negative result in the 1st half of 2013 is explained by rising prices for raw materials and energy.
