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RUSSIA: Construction start-up on planned 250,000 vehicle per year assembly plant is now scheduled to begin in May 2006, VOLKSWAGEN AG (VW) [Germany] Project #: 033806.

Publication: WWP-Business Opportunities in Eastern Europe & the CIS
Publication Date: 01-MAR-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
PROJECT OVERVIEW:

Germany-based VOLKSWAGEN AG (VW) is currently gearing-up to launch the construction of its new vehicle assembly plant in Russia in May 2006. This start-up date is however subject to the successful conclusion of talks with the Russian side in charge of the project. to to...

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... According local industry sources, the company's decision build the factory has virtually been made and VW is now working out the details. Nevertheless, the signing of an agreement with the Russian side is intended to signify a final decision on the project.

The agreement was expected to be signed at the end of February 2006. Construction plans under consideration call...

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