Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Renault and Nissan to Invest 2 Billion Dollars in AvtoVAZ
3.06.2011 15:08
Renault and Nissan to Invest 2 Billion Dollars in AvtoVAZ

The Nissan-Renault alliance is planning to invest in Russia's largest automaker Avtovaz up to 2 billion dollars.
       The investment will allow companies to boost car sales in Russia up to 1.6 million purchases in four years. Nissan and Renault plan to get a combined stake in Avtovaz of at least 50%.
       The move comes after the Russian government asked foreign carmakers to boost their production in return for continued special treatment on taxes on imported car parts, according to the Reuters.
       In addition, by the end of 2010 year Renault, Nissan and AvtoVAZ sold 697,9 cars in Russia.

Author: Ksenia Dzhalagonia

Tags: Russian business cars invest   

Next Previous

You might also find interesting:

It is Planned to Open 30 New My Business Centres in Russia in 2019
Russian Designers will Sell Jewelry via Tmall
Russian Companies will be Able to Protect their Trademarks Abroad
The Share of Small and Medium-sized Businesses in the Economy Decreased
The AliExpress and Tmall Plan to Sell Limited Collections of Russian Designers

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Russian Photographers  Kudryashovsky Forest  Russian performance arts  Apollon Maykov  Russian Museums   Ivan Shultze  travel to Russia  Yekaterinburg Taxi  Russian Federal Space Agency   New Films  St. Petersburg  Eduard Gorokhovsky  budget hotels  Festivals in Moscow  International space station  Moscow  Berlinale  Sochi  Museums of Kostroma  Life Origin  Russian human rights activists  Sochi Olympic Games 2014  Russian business  Vegfest  Book Tickets for Ballet  Mercedes-Benz Fashion Week Russia  migration in Russia  Exhibitions in Saint Petersburg  VDNKh  Colour Photography  ratings  Russian social networks  Russian Cinema  International Chamber Opera Festival  VKontakte  Entertainment Park  Forestry  Monuments in Moscow  Russian politics  Belokurikha  Boris Eifman Ballet Theater  Exhibitions in Moscow  Yakutia  Russian tourist destinations  Russian regions  southern Russia  Russian tourism  Chelyabinsk Region  Football  Russian oil and gas industry  

Travel Blogs
Top Traveling Sites