KIEV, Feb. 20 ??“ UkrAvto, an automotive group that owns Ukraine??™s biggest car manufacturing company ZAZ, plans to invest UAH 153 mln for modernization this year, according to a development plan.

A total of UAH 41 mln is to be invested in new facilities, UAH 52 mln in the development and production of new products, and UAH 60 mln in upgrading and improving product quality, according to the plan.