Germany's Volkswagen seeks site for auto production in Russia
Published:
12 July 2004 y., Monday
Automaker Volkswagen AG is looking at several sites for a car plant in Russia, a spokesman said Friday.
"We are researching several sites," said spokesman Fred Baerbock. "There is no decision yet."
One of the sites is in the town of Stupino, outside Moscow, he said. Other aspects also remained undecided, such as whether Volkswagen would move forward with full-scale assembly line production or would assemble cars from kits supplied from elsewhere.
The facility likely would be a car factory instead of a commercial vehicles plant, Baerbock said. He did not specify what models the company might make in Russia and said there was no deadline for making a decision.
Šaltinis:
canada.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
On August 4, the first chartered flight of "The Japan Airlines" will arrive from Tokyo in the Baltic States and land in Riga.
more »
1.6 billion rouble loan to overcome problems holding up expansion of city of Surgut
more »
Nordic Shared Services & Outsourcing Forum 2009, 26 – 27 August, Sweden
more »
Results of the latest price survey by Eurostat show that Lithuania is on the list of the TOP 10 least expensive countries in Europe.
more »
The European Commission's Digital Competitiveness report published today shows that Europe's digital sector has made strong progress since 2005.
more »
US President Barack Obama said that the economy was weaker than he thought when he took office, but there are signs of improvement.
more »
The EIB and UniCredit Group strengthen their cooperation to implement the Joint Action Plan of the largest multilateral lenders in Central and Eastern Europe who have committed to provide up to EUR 24.5 bn lending to the SME sector hit by the global economic crisis.
more »
Within the first half of 2009, AB Bank SNORAS earned LTL 24 million of unaudited profit.
more »
10,000 workers were helped by the European Globalisation Adjustment Fund (EGF) last year and of these, more than two-thirds found a new job, according to a report adopted by the European Commission today.
more »
SEB recently won awards for best consumer Internet banks in Lithuania and Latvia in a ranking presented by Global Finance Magazine.
more »