Fiat, the Italian-based concern, and Russia’s Severstal Group have agreed to extend strategic partnership, reads the press release of the Italian carmaker.
      
      “Given the enormous potential of Russian economy, both companies will go on to cooperate in various projects in Russia in all areas where Fiat has a stake”, says the statement.
      
      Earlier this year, the companies have signed a deal to set up assembling of Palio, Albea and Doblo makes and to supply and sale all Fiat-made automobile products in Russia.