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

AvtoVaz and Renault-Nissan to set up JV
22.09.2009 20:49
AvtoVaz and Renault-Nissan to set up JV

Russian car-maker AvtoVaz and Renault-Nissan Alliance intend to set up a joint venture to produce car components, the president for AvtoVAZ said at the International Economic Forum in Sochi.
       Having taken into consideration the number of AvtoVAz's facilities that are not in operation at the moment, the company came up with several options for cooperation with Renault-Nissan Alliance.
      The new company will focus on production of car components, since Renault sees it necessary to extend purchases made in rubles for the Russian businesses of the Alliance. Currently the share of such purchases doesn't exceed 8%, while the company wants to grow it to 74%.
      Russian Business


Next Previous

You might also find interesting:

The Russian Sistema_VC Fund Invested in the DataSine Project that is Engaged in Personalizing Content for Customers
The Share of High-tech Industries in the Russian Economy Fell Down in 2018
The Fastest Growing Enterprises in Russia
The Number of People Employed in the SME Sector Decreased by Almost 600 Thousand People
The Share of SMEs in the Russian Economy Makes 21.9%

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Mystical Russia  blasphemy law  Platonov's Festival of Arts  children  New Year celebrations  Book Illustrations  Russian Film Directors  Moscow shops  Pavlovo  FIFA Russia 2018  travel to Russia  Belorechensk  Russian sanctions   Contemporary Arts  space  Deep Purple  Russian churches  Russian Cinema  Mercedes-Benz Fashion Week Russia  Udomlya  St. Petersburg  Spartak Moscow  Alexander Deyneka  Bashkiria  Sberbank  Syria  Russian airports  Mass Media  Zeya  Winter Arts Festival in Sochi  Radiology  Museums of Saratov  Russian business  Promo Industry  Russian regions  Moscow  Robostation  Russian tourism  TERRITORIA International Festival  Russian television  Awards  Satellites  Ivan Okhlobystin  Arts and Crafts  North Caucasus  Exhibitions in Moscow  Festivals in Moscow  Spacecrafts  Peter I  Fashion Futurum 

Travel Blogs
Top Traveling Sites