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PRESS: Govt approves sale of Kaluga-based Volkswagen plant

MOSCOW, Apr 20 (PRIME) -- The Russian government has approved the sale of VolkswagenТs Kaluga-based plant to car dealer Avilon, Vedomosti business daily reported on Thursday citing two sources familiar with the decision.

УThe governmentТs commission for control over foreign investment has approved the sale of VolkswagenТs plant near KalugaЕ The asset will be sold to car dealer Avilon,Ф the newspaper reported.

Another source said that Avilon is in talks with ChinaТs car producer Chery on possible production partnership.

End

20.04.2023 09:31
 
 
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