Rus News Journal

Hyundais and Magna open factories in St.-Petersburg

Both factories are equipped by the modern hi-tech equipment providing high level of automation of productions. The prime minister takes part in their opening - the minister of the Russian Federation Vladimir Putin.

One of factories - Hende Motor Manufakturing Rus (HMMR), located in an industrial zone Kamenka - belongs to the South Korean company of Hyundai Motor. In the nearest plans of the company - release of the automobile model specially developed for Russia. kontsept it was possible to see it in August on the Moscow motor show under working name RB. The car is similar to Hyundai Verna model. New cars (a sedan and a five-door hatchback) will appear on sale in the spring.

HMRR becomes the sixth foreign factory of Hyundai Motor and the first manufacture of a full cycle among foreign motor-car manufacturers in territory of Russia. Its building has begun two years ago, in June, 2008, and in May of this year at the enterprise have started tests shtampovochnoj lines. The volume of investments is estimated in 500 million euro. Next year at factory it is planned to make 100 thousand cars, and in 2012 enterprise should leave on designed capacity of 150 thousand cars at work in three changes. HMRR occupies territory about 200 hectares, it is supposed that at factory it will be created about 4 thousand workplaces.

On a factory platform, besides traditional shops of welding, colouring and assemblage, the punching shop is located also. Level of localisation of manufacture at the moment of start will make about 50 percent and will grow further. According to the general director Hende Motor Manufakturing Rus An Chzhu of the Sou, HMRR will reach the highest level of localisation among the Russian factories of leading world motor-car manufacturers. In immediate proximity with factory building of the whole complex of the enterprises for manufacture of autocomponents comes to the end - it should start to work in the end of this year.

the General director of Hyundai Motor of the CIS Kerry Cho in turn notices that near St.-Petersburg the cost price of cars let out there, therefore their price will help to lower factory considerably will be rather competitive. In particular, cars RB will cost around 400 - 500 thousand roubles - in this price niche, by Hyundai estimations, the mass Russian client is concentrated.

the Owner of the second factory located on suburb Sankt - Petereburga, in Shusharah - avstro - the Canadian group Magna. It is one of the world`s largest manufacturers of autocomponents, among its clients - General Motors, BMW and other advanced motor-car manufacturers. On building of this enterprise too it was required about two years. The memorandum of the mutual understanding, defining order of realisation of the investment project on creation of manufacture of autocomponents, the government of Petersburg and group Magna have signed on December, 17th, 2008

the Enterprise will be   to make kuzovnye details for   a running gear and metal elements of systems of passive safety for operating in Russia foreign   motor-car manufacturers - Hyundai, General Motors, Nissan and Volkswagen. At the moment of opening 170 persons here work.

Investments into this project are estimated approximately in 50 million dollars, and   the total amount of investments Magna in realisation of projects in Petersburg makes about 3 billion rbl. it is necessary to notice that Magna operates in a consortium with the Savings Bank of Russia and Group GAS.

Opening Petersburg Magna occurs to some delay. Earlier the chairman of committee on investments and strategic projects Maxim Sokolov sounded other term - April, 2010.

the New enterprises have added a number of the world motor-car manufacturers working in Petersburg. Earlier the manufactures of Toyota, General Motors and Nissan here have arranged. According to Valentina Matvienko`s Petersburg governor, till the end of this year in Northern capital it is planned to open seven enterprises for manufacture of autocomponents.