...

BMW, Unison considering options for setting up production in Russia (Exclusive)

Business Materials 7 June 2018 19:41 (UTC +04:00)

Baku, Azerbaijan, June 7

By Fikret Dolukhanov – Trend:

The Committee for Industrial Policy and Innovations of Russia’s St. Petersburg has no information about the plans of Uzbek car producer Uzavtosanoat to sign a Special Investment Contract on vehicle assembly at the General Motors (GM) platform in St. Petersburg, a source in the Committee told Trend June 7.

The source noted that previously, however, such possibility was discussed at the level of Russian Ministry of Industry and Trade.

“Despite the lack of concrete decisions on this issue, the Committee welcomes the emergence of new major investors in the city and is ready to provide necessary assistance in implementation of projects,” said the source.

Russian media earlier reported that the GM facility in the Russian city hasn’t been operating since 2015. The Russian ministry offered capacities of the GM factory to Uzavtosanoat.

“Uzbekistan has a great deal of interest towards the GM facility. But we have some other offers on this factory as well. German BMW and Belarus Unison are also interested,” the governor of St. Petersburg said.

It was reported on April 25 that Russian UAZ and Uzbek Uzavtosanoat may begin joint assembly of Russian cars in Uzbekistan.

---

Follow the author on Twitter: @FDolukhanov

Tags:
Latest

Latest