Rus News Journal

Mitsubishi has sold factory in Europe for 1 euro

the Japanese motor-car manufacturer of Mitsubishi Motors Corporation has agreed about sale of the factory in Netherlands NedCar - the unique enterprise of Mitsubishi in the Western Europe - companies VDL Groep B V. for a symbolical payment in 1 euro. The main condition of the transaction was that all 1,5 thousand employees of factory will reserve workplaces, is told today in the message of the Japanese company. The transaction can be finished by the end of December 2012.
factory Sale will allow Mitsubishi to concentrate on emerging markets where higher rates of increase of business, than in the developed countries are expected. Earlier this year new industrial lines in Indonesia and Thailand have been started, also the company studies possibility of increase in volumes of output in China and Brazil.
it is necessary to notice that the European debt crisis and decrease in consumer activity have complicated position of Japanese motor-car manufacturers in region, having lowered profitability of the enterprises. It has led to a manufacture stop at factories with their subsequent sale.
in February 2012. Mitsubishi informed that by the end of current year completely will stop manufacture at factory NedCar where models Colt and Outlander are made. A share of cars collected at factory from total of made Mitsubishis in 2011. Cars (1,1 million copies) has made less than 5 %. Besides, the company management declared plans completely to curtail manufacture of cars in Europe.
earlier German BMW AG reflected on assemblage of the cars on NedCar. Besides, Japanese mass-media informed that company VDL is going to begin at the got factory manufacture for BMW. Meanwhile in the statement of Mitsubishi Motors of any mention of BMW does not contain, transfers Reuters.
Mitsubishi Motors is one of the largest world manufacturers, letting out in a year more than 1,6 million cars in 32 countries of the world. The company lets out various production - from mini - cars to heavy trucks, buses and special commercial cars. In Russia of Mitsubishi Motors trades in a lineup of off-road cars and automobile cars. Net profit Japanese avtomobilestroitelnoj groups following the results of 2011 - the 2012 which has come to the end on March, 31st 2012., has made 23,93 mlrd yens (294 million dollars), year before the company has received net profit at a rate of 15,62 mlrd yens.
VDL Groep - the Netherlands industrial company which is engaged in production for various branches. It is based in 1953., the number of employees exceeds 7 thousand persons.