Welcome, Guest!

lost your password?

Ministry of economic development of the Russian Federation

Hyundai in talks on purchase of GM plant in St. Petersburg — city authorities

27.08.2019

Hyundai is holding negotiations on acquisition of the GM automobile plant in St. Petersburg, Vice-Governor of the city Evgeni Elin told TASS on Tuesday.

The GM plant was opened in St. Petersburg in 2008. Investments into the project were estimated at $300 mln.

"Concerning GM [plant], negotiations are held with Hyundai; at least they showed interest," Elin said.

St. Petersburg also houses production facilities of Toyota, Nissan and Hyundai. City enterprises produced 376,700 cars in 2018, up 8.5% in annual terms. St. Petersburg’s share of cars production in Russia totaled 23.8% last year, according to the city committee on industrial policy and innovations.

Source: TASS



← previous   archive   next →



01.03.2019 - 31.10.2019
01.04.2019 - 31.10.2019
01.06.2019 - 31.12.2019
24.09.2019 - 26.10.2019
01.10.2019 - 31.10.2019
01.10.2019 - 31.10.2019
01.10.2019 - 31.10.2019
01.10.2019 - 31.10.2019
01.10.2019 - 31.10.2019
01.10.2019 - 31.10.2019
01.10.2019 - 31.10.2019
01.10.2019 - 31.10.2019
01.10.2019 - 31.10.2019
01.10.2019 - 31.10.2019
01.10.2019 - 31.10.2019
01.10.2019 - 31.10.2019
01.10.2019 - 31.10.2019
01.10.2019 - 31.10.2019
01.10.2019 - 31.10.2019