Ministry still eyes invest contracts with BMW, Hyundai in 2018 - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Ministry still eyes invest contracts with BMW, Hyundai in 2018

MOSCOW, Jun 29 (PRIME) -- RussiaТs Industry and Trade Ministry still plans to sign special investment contracts for construction of full-cycle car plants with BWM and a car engine plant with Hyundai in 2018, Minister Denis Manturvo told PRIME in an interview released on Friday.

УBoth companies applied for signing special investment contracts. All interested parties and we are now working on the key parameters of special investment contracts of BWM and Hyundai, we plan to sign the contracts until the end of 2018,Ф he said.

Hyundai planned to build a plant in St. Petersburg in the next three years that should produce 150,000 Gamma engines with a volume of 1.6 liters per year. Deputy Industry and Trade Minister Georgy Kalamanov earlier estimated investment in the plant at 27 billion rubles.

(63.2910 rubles Ц U.S. $1)

End

29.06.2018 09:54
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 74.9022 -0.6336 17 nov
USD 65.9931 -0.6228 17 nov
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1134.93 +0.34 18:50 16 nov
micex 2372.67 -0.37 18:50 16 nov
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 153.16 -0.64 18:49 16 nov
lkoh 4824.00 -0.62 18:49 16 nov
rosn 420.85 -0.80 18:49 16 nov
sber 199.26 -0.44 18:49 16 nov
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 74.9025 -0.2975 14:59 16 nov
USDTD 65.7225 -0.8775 17:44 16 nov