The report in focus

RUSSIAN MARKET MOTOR OILS 2017

RUSSIAN MARKET MOTOR OILS 2017

Exit date 15.09.2017

Format PDF

Price 1050 eur.

This marketing report is a result of the new stage of the research on the Russian engine o...

15 september more info

Analytics

The Russian car market in 2016 decreased by 11%

According to the AEBusiness, by the results of 2016, the Russian car market decreased by 11% to 1 million 425 thousand 721 cars.

27 aprilmore info

Infographics

Dynamics of the car lending market in Russia in 2007-2010

News

Renault received the absolute control over plant "Avtoframos"

 

By the results of auction the company Renault bought about 5,9% of shares of “Avtoframos” from the government of Moscow. As a result of deal Renault became the owner of 100% of shares of this enterprise. The share of capital authorities in “Avtoframos” was received by Renault at the start price - RUB 1,980,000,000 (about € 49,000,000).

The plant “Avtoframos” was created in 1998 on the parity basement as the joint venture of Renault and Moscow city. In 2004 Renault bought 26% of shares that were belonged to Moscow and in 2006 the share of Renault group in capital of “Avtoframos” was increased to 94,1% by the results of corporative re-organization. 

In 2005 it was opened the plant of full cycle in Moscow, its capacities were doubled in 2010 to 160,000 cars per a year. Renault invested about € 480,000,000 in the development of plant in Moscow. At the present time Renault produces six models in the Russian plant: Logan, Sandero, Fluence, Duster, Latitude and Koleos. The work over production capacities increasing to 188,000 cars per a year is being continued. 

 

 

30.11.12 AUTOSTAT
Source: www.autostat.ru