Rus News Journal

Volkswagen will construct in Russia factory on manufacture of engines

German concern of Volkswagen AG to 2015. Will construct in Russia factory on manufacture of automobile engines, its cost will make 250 million euro, has informed a press - company service.
the corresponding agreement was signed today in Moscow by the chairman of the board of Volkswagen AG Martin Vinterkorn and the governor of the Kaluga region Anatoly Artamonov.
capacity of new factory which will settle down near to the automobile enterprise of Volkswagen in the Kaluga region, will make 150 thousand engines year, the area - 30 thousand in sq. m. At factory will be issued engines of new series 211 in volume of 1,6 l.
making comments on prospects of the automobile company in Russia, M.Vinterkorn has noted: To 2018. We plan to sell here a half-million of cars in a year. To reach these purposes, we plan to invest in total 1 more mlrd euro in development of local manufacture and creation of new models .
the Enterprise will provide with engines the Kaluga factory of concern, and also an industrial line of contract assemblage at group factory GAS in Nizhni Novgorod.
meanwhile building of the given factory will allow Volkswagen to satisfy a condition signed in May 2011. The additional agreement on industrial assemblage within the limits of the updated decision 166. On conditions of this agreement, with 2016. 30 % let out in territory of Russia of cars should be equipped with engines of the Russian manufacture.
it is necessary to notice that at present investments of concern of Volkswagen into Russia make nearby 1 mlrd euro.
in the end of December 2011. The general director of Volkswagen Group Rus Markus Ozegovich informed that Volkswagen does not exclude possibility of building of factory on manufacture of engines in territory of Russia to 2016.
on June, 14th 2011. Volkswagen Group Rus and group GAS have signed the long-term agreement on contract assemblage of cars of Volkswagen and Skoda on Gorki car factory in Nizhni Novgorod. According to the agreement, on Gaza the full cycle of manufacture of cars of Skoda Octavia and Skoda Yeti, and also new Volkswagen Jetta will be organised. The manufacture Total amount will exceed 100 thousand cars a year. Investments into manufacture will make 200 million euro. Within the limits of the agreement on contract assemblage the first stage of cooperation is already realised: in November 2011. On Gaza Skoda Yeti assemblage has been started krupnouzlovaja. Modernisation of other shops of factory for the organisation of manufacture of a full cycle of Skoda Yeti which will begin from IV quarter 2012 is now conducted.
we Will remind, in April 2012. In the company have informed that Volkswagen plans to construct new automobile factory on severo - the West of China - in a city of Urumchi, capital Sintszjan - Uigur independent area. The factory will be constructed within the limits of joint venture with Chinese state avtomobilestroitelnoj company SAIC Motor Corp. It is expected that the enterprise which is planned to place in operation in 2015., will let out to 50 thousand cars annually.
Volkswagen Group is one of the largest world motor-car manufacturers. The company lets out cars under Volkswagen brands, Audi, Seat and Skoda. Following the results of 2011. Volkswagen left on the second place in the world on sales of cars, conceding only American General Motors.